Paul Krugman: The Fed is not a rogue trader and historical norms for interest rates aren't relevant in a persistently depressed, deleveraging economy. But traders continue to lash out and claim, "It's all fake!"
The citizens' ballot initiative or referendum, created in the first Gilded Age to counter plutocratic governance, is overmatched in new Gilded Age.
Laurie Penny is a journalist and feminist activist based in London. She is a regular writer for New Statesman, and the author of "Meat Market: Female Flesh Under Capitalism".