The Road to Predatory Capitalism

We are scolded with the further mythology of “free trade” and that nebulous and ephemeral “free market” – which always translates to the relocation of factories, production facilities, research and development labs, network operations centers, call centers, etc., to cheaper labor markets, while importing their products and services back by the very same corporate offshorers, at considerably greater profits, and less or no taxation, to benefit them --- while destroying what remains of the tax base --- a perfect recipe for neofeudalism

A concerted design of predatory legislation and predatory jurisprudence (as in colossally corrupt US Supreme Court, and federal circuit court, decisions) over the past thirty to forty years allowed for our present circumstances; legislation which overturned the very laws protecting us from the uber predators.
That legislation and court decisions decriminalized fraud for those at the very uppermost echelon of the economic ladder, while criminalizing virtually everything for the rest of us.

Some of that predatory legislation:

1994: Riegle-Neal Interstate Banking and Branching Act
1995: Private Securities Litigation Reform Act
1999: Gramm-Leach-Bliley Act
2000: Commodity Futures Modernization Act
2005: Bankruptcy Abuse Prevention and Consumer Protection Act

SOURCE:
http://www.economicpopulist.org/content/road-predatory-capitalism