Crony Capitalism : An Excellent Exposure
This video highlights what is going wrong in the oldest democracy, namely United States of America. For those who argue that free market philosophy is the only way to conquer the inherent nature of human greed and fallacious nature, should watch this video and think rationally as to what is going wrong. If they do, and if they objectively reevaluate their stance, they will understand why their arguments of unbridled freedom to allow the finance behemoths to hold the whole country at ransom and make the tax payers pay for the lavish and unjustified rewards like bonuses for running the economy into a wreck! If they don’t, no need to emphasize they are completely on the wrong side of history!
This is an interview on Bill Moyers of David Stockman. Without further adieu please watch the video.