Face to Face with Inequality

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Organized Money

In his new book The Unwindings, George Packer talks about “the default force in American life, organized money.” That rings so true and is so elegantly put, I felt compelled to look it up. In fact, it appears, FDR originated the phrase “organized money” and said it was as dangerous as the mob. I think we now know it is actually more pervasive and more destructive, but it certainly is interesting that the threat was apparent in 1936.