When the gods dance...

Sunday, May 27, 2012

The Oligarchy's Rule of Law

The Oligarchy's Rule of Law: From Russia to Oklahoma

Mark Ames, The Daily Banter: "At the end of the 1990s, the unprecedented collapse of Russia's economy and its capital markets, the wholesale looting, the quiet extermination of millions of Russians from the shock and destitution - the terrible consequences of imposing radical libertarian free-market ideas on an alien culture - turned out worse than any worst-case-scenario imagined by the free-market true-believers.... Publicly-traded companies have been and can be transformed into elaborate schemes to loot and steal from the public and enrich a tiny handful of oligarchs." 

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