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A republic not worth keeping: How bonds between private finance and public service subvert the general welfare

Posted on:2013-08-30Degree:M.A.L.SType:Thesis
University:Georgetown UniversityCandidate:McCarthy, CharlesFull Text:PDF
GTID:2456390008965202Subject:Sociology
Abstract/Summary:
This paper draws upon the chronology of the nation's most recent financial crisis, the Great Recession, to expose America's undemocratic governing reality and postulate that its existence rests upon the preferential bonds forged between private money and public service. Over many years, these connections have assumed a dominant role in the body politic, such that they have superceded the Constitution and subverted the collective will of the American people. This usurpation in authority will become apparent through examinations of modern campaign finance, financial regulatory law and its administration, and the operations of the nation's central bank, the Federal Reserve. As such, major reforms are needed to these institutions, alongside a broader effort to educate the U.S. citizenry about its money supply and how it influences the national economy.
Keywords/Search Tags:Public service
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