Bill Moyers: The Plutocracy Will Go to Extremes to Keep the 1% in Control

Moyers, Matt Taibbi and Chrystia Freeland explain how the plutocrats have willfully confused their self-interest with America’s interest.

if you say, 'Actually, I want to study income inequality,' and even most dangerously, 'I want to study what's happening at the very top of the distribution," what Branko Milanović said to me is the think tanks immediately pull away because they say, "Our donors won't like it."

And that actually challenges the whole economic setup of the United States and of western capitalism. It’s very, very threatening. And I think that that’s why you've ... Full Story »

Posted by Dwight Rousu

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Review

Bob Herrschaft
4.3
by Bob Herrschaft - Oct. 22, 2012

...an in-depth summation of the status-quo and the psychology behind the paranoia of the plutocrats.

one of the great brave decisions taken by the Canadian government was to not allow the Canadian banks to merge. They wanted to. Huge lobbying effort. And they made the same arguments about, "Oh, if we can't merge, we'll never operate on a global scale. You know, Canada will be left behind. We'll be a provincial backwater." And the government just said no. And that decision I think flows directly into the Canadian government's ability to regulate the financial sector.

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