Originally Posted by indigo
Without getting political, but merely trying to name the economic system which may be emerging or re-emerging through recent handshake agreements between government and the education industry: Corporatocracy? Fascism?

It's not really political. It's the same general economic system that's generally been in place since about 1996-2000-ish.

Short-sighted cooperative looting enabled by massive credit bubbles in the context of cheap energy.

It's what generally happens when you poof a bunch of credit into existence that has no business existing.