Chomsky on Plutonomy and America's Growing Precariat

Noam Chomsky chronicles the ascent of America's Plutonomy, the ultra rich and the economic and political power they have sucked out of the American state, and their dependence on a rapidly growing American Precariat, the great unwashed now stripped of their last vestiges of either economic or political power.   The article has been making the rounds through AlterNet and other sites but if you haven't read it you really should and you can find it through this link to al Jazeera.   I think Chomsky has neatly summed up what will become the struggle for the survival of democracy itself in the 21st Century.