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

Ellie Kesselman
3.8
by Ellie Kesselman - Oct. 22, 2012

Very accessible, with both video and full transcript. A wide variety of sources cited, including New York Times and Wall Street Journal.

Regardless of my general distaste for Matt Taibbi, he and others quoted here present a rather solid case for why plutocracy and rule of the few is trending more strongly and what the consequences will be to everyone else.

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