Saturday, May 19, 2012

Al Jazeera English: American sectarian--The history of Mormonism is deeply entwined with both American capitalism and American nationalism

"Romney believes that the US reached great heights during the Reagan years but has, under the current administration, fallen into decline. In fact, US power is in decline, but the trend is longer and deeper than Romney realises. At the end of World War II, the US owned a remarkable half of the world's wealth. By the early 1970s, the US share of the world's wealth had declined to approximately 25 per cent. In the past four decades, that figure has remained about the same, but its ownership has become increasingly concentrated among the richest Americans." 

see the video at

Source: American sectarian - Opinion - Al Jazeera English

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