Monday, March 29, 2010

documentary on economic interests in the state

(100th post!)

Check out this documentary by UMass Boston professor Tom Ferguson titled, "Golden Rule: The Investment Theory of Politics"

The documentary provides a wealth of historical and contemporary arguments, made by Adam Smith, James Madison, Noam Chomsky, and others, for how economic interests influence state policies. I highly recommend it. For example, I learned that in today's newspapers, 35% of content is news and 65% is advertisements. I also learned that the greatest support for FDR's labor policies came from capital-intensive industries.

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