May 26, 2005

"The corporations have taken over the process of governing"

Here's a test. What is that quote from? George Orwell's 1984? or some sci-fi flick about fascism?

Actually, the quote is from John Kenneth Galbraith, Tuesday May 24, 2005 on the News Hour with Jim Lehrer, when (way down at the end of the story below) asked whether his "economic vision" has been eclipsed.

Here is how Benito Mussolini defined fascism: "Fascism should more properly be called corporatism because it is the merger of state and corporate power."

READ THE FULL STORY ABOUT GALBRAITH HERE
http://www.pbs.org/newshour/bb/economy/jan-june05/galbraith_5-24.html

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