Imagine Getting Off Easy for Hit-and-Run Because You Run a Hedge Fund
It's not just the recession that's killing the middle class -- it's how the legal system is being used to establish a two-tiered society.
Our lopsided wealth distribution makes the U.S. look more like a banana republic than one of the richest, most highly developed nations in the world. But having a small, wealthy elite living it up among a nation of struggling workers doesn't make a country a banana republic. In a true plutocracy, you also need a bifurcated legal system, with one philosophy of justice for the wealthy and another for the little guy.
While that’s the case to (greatly) varying degrees in every justice system in human history, in a banana republic that class divide is systemic -- it’s baked into the cake. And that may be exactly what’s developing, gradually, in the United States.