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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.

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That-- it's just not going to happen. So let's really face the facts of how the world economy works. And really come up with what needs to be the political and social response.

And frankly, you know, I see the right not interested in addressing this issue at all. And I see the left not offering enough new thinking. And people know that. And that's why people aren't on the barricades. There's no manifesto to be waving.

MATT TAIBBI: One caveat I would like to just throw anytime you propose anything that has any kind of government, you know, component to it, there's this automatic criticism that it's communist and socialist. So, when you come up with a solution, the boundaries are let's come with a solution that doesn't have-- that can't be criticized as being communist or socialist. And that is incredibly difficult for people to work around.

CHRYSTIA FREELAND: Okay, but let’s at least see the new ideas. I mean, my argument is we are living through equally profound economic transformations. And we're just trying to rehash and re-tinker with the twentieth century institutions. I don't think it's enough.

Bill Moyers is the host of “Moyers & Company,” airing weekly on public television. More at:

Matt Taibbi is a writer for Rolling Stone.
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