In light of last Friday's discount rate cut made by the Federal Reserve to sooth the nerves of traders and mortgage brokers, a question returned to my mind. This question has puzzled me for quite some time, disturbing my slumber since I was old enough to grasp the seemingly subtle, yet ultimately obvious interaction between business, the government, and people:
Why has America developed an inverted social democracy: a democracy which values the welfare of corporations and other juristic persons1 far more than that of real persons?
