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Saturday, 30 April 2011


this article in the economist puts forward the view that concentrations of power in large institutions is generally terrible - whether the institution be big business or big government. 

the author says he thinks that in the developed world:

- the rich are getting much much richer whilst regular people tread water;

- that wealth brings power and influence over the economy and government;

- equality of opportunity have declined.

and that a major reason for these shifts is indifference or active celebration of such inequality

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