John At The Center

While no single event can be pinpointed as the start of the single cause of these developments, I believe a great deal of this began in the 1980s. Until then, overall corporate activity was still consistent with the evolution of a largely industrial economy, while the consolidation of the financial sector and the rise of institutional investors pointed to a major shift — late 20th Century finance capitalism.

via Op-Ed Contributor – Saving American Capitalism – NYTimes.com.