Daron Acemoglu, a professor of economics at the Massachusetts Institute of Technology, is the author of Why Nations Fail: The Origins of Power, Prosperity, and Poverty.
The author says the primary reason for nations failing is that a minority of its citizenry controls political power. His study goes back as far as the Roman Empire. In today’s world, oligopolies and Super PACS are buying our politicians.
This nation will fail when its' free markets fail. Take the time to listen to the podcast. It is clear what must be done
1. Prohibit Corporations and Unions From Financing Political Campaigns by Amending The Constitution
3. Bring Our Deficit under Control and amend tax code! . More: http://goo.gl/yFYDb