Powell Memorandum at 50

[beechnut79]

Can we contain excessive corporate power? I would like to think that we can, but it seems as if we lack the political will to do so. Most Americans seem to have accepted what has now been the status quo for the better part of the past half century. A brief blip occurred a decade ago with the Occupy movement. And while it did promote greater awareness of the plight of those below the top few percent, little if anything in the way of political change resulted from it.

And corporate power seems to become more “in your face” as time has marched on as nearly every industry has experienced mass consolidation. The book indicated that political change in favor of greater equality occurs during a 4T but so far doesn’t seem to be happening.