Critics of capitalism often argue that any form of capitalism would eventually devolve into corporatism, due to the concentration of wealth in fewer and fewer hands. A permutation of this term is corporate globalism. John Ralston Saul argues that most Western societies are best described as corporatist states, run by a small elite of professional and interest groups, that exclude political participation from the citizenry. Corporatism has been supported from various proponents, including: absolutists, conservatives, fascists, progressives, reactionaries, socialists and theologians. In the United States, economic corporatism involving capital-labour cooperation was influential in the New Deal economic program of the United States in the 1930s as well as in Fordism and Keynesianism.[36] In the post-World War II reconstruction period in Europe, corporatism was favoured by Christian democrats, national conservatives, and social democrats in opposition to liberal capitalism.[37] This type of corporatism faded but revived again in the 1960s and 1970s as "neo-corporatism" in response to the new economic threat of stagflation.[38] Neo-corporatism favoured economic tripartism which involved strong and centralized labour unions, employers' unions, and governments that cooperated as "social partners" to negotiate and manage a national economy.[39]

Classically, a plutocracy was an oligarchy, which is to say a government controlled by the wealthy few. Usually this meant that these 'plutocrats' controlled the executive, legislative and judicial aspects of government, the armed forces, and most of the natural resources.

Agenda: Developments in Financial Markets and the Federal Reserve's Balance Sheet , Term Asset-Backed Securities Loan Facility (TALF), Overall Economy and Consumer Spending, Federal Funds Rate and Unexpected Declines, LIBOR, Broad Stock Price Indices,

Reviews changes in the financial condition of U.S. families, including developments in assets, liabilities, and debt payments.

# activism feminism left politics progressive research socialnetworking # 07 Aug 06 lauralf Laura Lo Forti a collective of volunteer library workers who believe in social justice and equality. progressive citizenmedia citizenjournalism research

Senator Leahy, Chairman of the Senate Judiciary Committee said, "Last year, I opposed legislation that stripped Americans of their right to seek accountability for the Bush administration's decision to illegally wiretap American citizens without a warrant. Today, I am pleased to join Senator Dodd to introduce the Retroactive Immunity Repeal Act. We can strengthen national security while protecting Americans' privacy and civil liberties. Restoring Americans' access to the courts is the first step toward bringing some measure of accountability for the Bush-Cheney administration's decision to conduct warrantless surveillance in violation of our laws."