"That's how capitalism works" [excerpt from Redacted News 3/9/23 ]

'As the trade unions retreat, if gradually, into the shadows, a rapidly growing body of educators and research scientists emerges. This group connects at the edges with scientists and engineers within the technostructure and with civil servants, journalists, writers and artists outside. Most directly nurtured by the planning system are the educators and scientists in the schools, colleges, universities and research institutions. They stand in relation to the planning system much as did the banking and financial community to the earlier stages of industrial development. Then capital was decisive, and a vast network of banks, savings banks, insurance companies, brokerage houses and investment bankers came into existence to mobilize savings and thus to meet the need. In the mature corporation the decisive factor of production, as we have seen, is the supply of qualified talent.'

- John Kenneth Galbraith, "The New Industrial State" (1967)

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Source: https://rumble.com/v2cz0la-oh-sht-more-banks-fail-as-biden-authorizes-fed-and-fdic-takeover-redacted-w.html