By Joshua Holland, AlterNet
Posted on November 23, 2011, Printed on November 25, 2011
Occupiers could direct their energy not only at Wall Street, but also at its enablers, in Congress, and ultimately, at the high court.
Perhaps there were truly free markets before the industrial revolution, where townspeople and farmers gathered in a square to exchange livestock, produce and handmade tools. In our modern world, such a market does not exist. Governments set up the rules of the game, and those rules have an enormous impact on our economic outcomes.
In 2007, the year of the crash, the top 1 percent of American households took in almost two-and-a-half times the share of our nation's pre-tax income that they had grabbed in the 40 years folliwing World War Two. This was no accident – the rules of the market underwent profound changes that led to the upward redistribution of trillions in income over the past 30 years. The rules are set by Congress – under a mountain of lobbying dollars – but they are adjudicated by the courts.
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