24/11
Scenario
For the past 40 years, the American economy has been a paradox. It is an extraordinary wealth-creating machine, but only for the half of the country that owns stocks. Capitalism has become, as James Carville put it, “a fraud”—the ultimate club of corporate insiders, a system centrally controlled by a handful of well-connected people. As a result, the middle class has become a real fraud.
