Sunday, November 20, 2011

Moyers on Plutonomy

Here is Bill Moyers taking a page from the late Edward R. Murrow when he says having a bias is not a bad thing as long as you don't try to hide it.

Their bias is my bias: Plutocracy and democracy don't mix. Moyers explains how we have now arrived at plutonomy and why it matters.

For teabaggers inclined to obsess over what our founding fathers and past patriots had to say about wealth inequality, I offer some insights.


  1. Right on! And so was James Madison.

  2. No country has thrived with significant wealth disparities. We have compounded the problem dramatically by allowing finance to dominate commerce and politics. We have become a hollow democracy