Paul Craig Roberts
Economist United States 1939–present
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Few, if any, corporations absorb the full cost of their operations. Corporations shove many of their costs onto the environment, the public sector, and distant third parties.
Both political parties, Republicans and Democrats, are dependent on the same private interest groups for campaign funds, so both parties dance to the same masters.
The office of U.S. Trade Representative was created in order to permit corporations to write law that serves only their interests.
Representing the people is not something 'our' representatives do. They are too busy representing a handful of private interest groups such as the financial sector, the military/security complex, and agribusiness.
Paul Craig Roberts
Clearly what differentiates the U.S. from other countries is the U.S. Constitution. The Constitution defines us as a people. Without the Constitution, we would be a different country. Therefore, to lose the Constitution is to lose the country.
The neoconservative ideology supports American financial and military-political imperialism or hegemony.
Paul Craig Roberts
The offshoring of American jobs by global corporations and the deregulation of the U.S. financial system have resulted in American economic failure.
Paul Craig Roberts
I have come to the conclusion that capitalism is successful primarily because it can impose the majority of the costs associated with its economic activities on outside parties and on the environment.
The financial markets are rigged by the big banks, the Federal Reserve, and the Treasury in the interests of the profits of the few big banks and the dollar's exchange value, which is the basis of U.S. power.
Paul Craig Roberts
There are no free financial markets in America or, for that matter, anywhere in the Western word, and few, if any, free markets of any other kind.
Paul Craig Roberts
The human capital of most macroeconomists, heavily invested in demand management, was wiped out by the policy failures of the 1970s.
The road to economic well-being is to reward productive economic activity and to provide a moderate and predictable growth of money to finance real economic growth without reigniting the fires of inflation.
Paul Craig Roberts