Last week provided two distinct sets of convergent story and commentary for me to blog, both of which I missed due to general busyness. In the first, Tom called my attention to Ajay Kapur’s memos advocating Plutonomy. At the same time, Calvin Trillin’s op-ed in the NYTimes ascribed the financial collapse to “smart guys working on Wall Street.”
Somehow, I don’t think these are commensurable explanations.
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