Whatever Happened to Capitalism? By Bob Minor

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CNN commentator Lou Dobbs warns about the exporting of jobs from America "The 20th century has been characterized by three developments of great political importance: the growth of democracy, the growth of corporate power and the growth of corporate propaganda as a means of protecting corporate power against democracy." That assessment is from the late Alex Carey, Professor of Psychology and Industrial Relations at the University of New South Wales in Australia. He chronicled the practices of U.S. businesses and their adoption in the United Kingdom and Australia in Taking the Risk Out of Democracy: Corporate Propaganda Versus Freedom and Liberty, a 1997 book with a forward by none other than Noam Chomsky. Where, however, should that quotation appear recently, but in a new book entitled Exporting America: Why Corporate Creed Is Shipping American Jobs Overseas. Published in August by no leftist thinker, it's the most recent work of life-long Republican and CNN business commentator and host Lou Dobbs. That's the same Lou Dobbs who advises investment in some of the same companies he's now criticizing. ...more