This is what America has become: Banana republic is a term in political science for a politically unstable country whose economy is largely dependent on the export of a single, limited-resource product, e.g. bananas. It typically has stratified social classes, including a large, impoverished working class and a ruling plutocracy that comprises the elites of business, politics, and the military. This politico-economic oligarchy controls the primary-sector productions and thereby exploits the countrys economy. -From Wikipedia
Posted on: Sun, 23 Mar 2014 11:57:46 +0000