Below is an informative historical vignette describing one of the 19th Century root systems underpinning the ideology that shaped the emergence of winner take all political economy over the last 30 years. Note particularly the central role of private debt played in the rise of oligarchy and the concomitant impoverishment of the masses.
By Yasha Levine, The Texas Observer, 12 November 11
Yasha Levine is an investigative journalist and a founding editor of The eXiled Online. He lives in Venice, California.
The Koch brothers have bankrolled a broad attack on progressive government programs. Their grandfather’s history in Texas helps explain why.