Originally published at http://www.commondreams.org/views/2019/07/18/letter-support-stop-wall-street-looting-act-2019
While I welcome the specifics mentioned to hold equity firms accountable, it is evident that microsurgery cannot repair the problems that require major, invasive surgery.
The race to the bottom ideology of modern neoliberal capitalism will not resolve the poverty of millions it is designed to create. Nor will it resolve the crisis of governance captured by economic interests.
But by all means, please castrate Wall St. and end its endless, rapacious, unsustainable breeding.
Warren at least has the chops to talk about such things intelligently, within the admitted limits of the status quo. But events are fast racing ahead of reasonableness. Even if this should somehow pass, it will be too little, too late. The system is fracturing in structural ways no longer amenable to internal tweaks.
so I guess Warren is now the approved “plan B”, right?
She’s a good trojan horse, I’ll give her that.