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It is more than a little ironic that "capital accumulation" once a rat — Robert Kuttner

"It is more than a little ironic that "capital accumulation" once a rather tendentious Marxian view of a supposed capitalist obsession, should have become - of all things - Wall Streets own slogan."
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Robert Kuttner
Robert Kuttner
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Robert L. Kuttner is an American journalist, university professor and writer whose works present a liberal and progressive point of view. Kuttner is the co-founder and current co-editor of The American Prospect, which was created in 1990 as an "authoritative magazine of liberal ideas," according to its mission statement. He was a columnist for Business Week and The Boston Globe for 20 years.

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"By default, we have created a "system" of nursing-home care for the aged in which middle-class people pay exorbitant rates to for-profit nursing-home entrepreneurs - and then when private resources are consumed and the patient qualifies as a pauper, the nursing home begins billing Medicaid. This is precisely the antithesis of social citizenship; instead of the poor being accorded the dignity associated with the middle class, equality of treatment is achieved by making the middle class undergo pauperization."
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Robert Kuttner