by Ross Gittins

“‘Consider the pulse of the corporate sector as opposed to the pulse of the employees working in it:  corporate profits in 2010 were at an all-time high, chief executive salaries in 2010 rebounded strongly from the financial crisis, Wall Street compensation in 2010 was at an all-time high, several Wall Street firms paid civil penalties for financial abuses, but no senior banker faced any criminal charges, and there were no adverse regulatory measures that would lead to a loss of profits in finance, health care, military supplies and energy,’ he says.

“The 30-year achievement of the corporatocracy has been the creation of America’s rich and super-rich classes, he says.  And we can now see their tools of trade.”

Not that this news is groundbreaking, but this analysis is fairly concise.

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