Kurt Andersen: The True Billionaire Conspiracy To Screw The Working Class

[@threeone6012]

"What America needs most is low interest rates, loose credit and high house prices." -- Everyone in charge since 1980

[@ddicin7759]

And crappy wages. Don't forget that

[@havable]

@@ddicin7759 Yeah, and constantly invading other countries too. Whether secretly like Reagan or by lying us into it like Cheney & Biden.

[@jamesbra4410]

and constant degradation of the culture and manufactured division, lowered wages, higher productivity, institutional degradation, education costs, loss of jobs etc.

[@hotsauce8671]

Imagine if we had credit instead of checks

[@petersepall2590]

Concentrated power always overreaches as it grasps for more and more and more.

[@brendenshaw1744]

I think that is the contradiction of the economic side of the Libertarian ideology. The ultra rich libertarian may say market should not be limited whatsoever; that would impose on a free market. However, when we are not limiting the consolidation of market industries who collectively eliminate and squash newcomers and competition to remain at an advantage, we cannot have a free market. Balance here is key to free market. The government must take a role in how the market operates. From my libertarian leanings, I figure the best way to do this is passive action, opposed to direct action. Government leverages competitive advantage focusing on consolidated markets using tax incentives, limiting or eliminating taxes for those newcomers, and drastically increasing taxes on big consolidated businesses that use vast resources to eliminate their competition. The government then steps away when market approaches cusp of equilibrium and competition is not scarce.

[@orionxavier6957]

"What do all men with power want? More power." -Oracle, _The Matrix_

[@Blackmallowtube]

@@brendenshaw1744 This is so correct. The fatal flaw of the laissez-faire free market is that without government intervention, the logical thing to do is to seek monopoly in your market, to remove the pesky offer from competitors, which drives down your sell price, hence profit. There is no more free market in a monopoly.

[@brendenshaw1744]

@@orionxavier6957 Except it's not men or women and both are susceptible to the coersion and addiction of power. It is power itself. Pay attention to all of our movements that exist and have existed here in America and how they become tainted over time. It is power that corrupts them. We begin to strive for noble causes that ail the world. Soon we realized that we are powerless without power. Our mission then becomes to acquire power in order to achieve our cause. I think Frederick Nietzsche applying to this context that for whom ever fights with monsters must be careful that they do not become a monster in the process. This is how the road to hell is paved with good intentions. When our cause is corrupt and rotten, when we have forgot about what it means to pursue the cause, when our mission has become pursuing power at all cost in order to achieve our mission, we are lost; from within and without. We become a tool for power to consolidate and centralize more power at all costs, our banners that were once noble, serving the good for all mankind are now banners which are used to maintain and consolidate more power. We become the monsters that we once were determined to destroy.

[@jeremyedge890]

Also the only true crime is letting a sucker keep his money, its harsh but so is nature, dont hate the player hate the game

[@billykuan]

There is no fix. Those in power will never, never reduce their complete influence. Break it and pick up all the pieces.

[@Misty31272]

Democrats are full of CRAP!! If they cared about America's poor, they would not keep doing everything in their power to keep Bernie Sanders from being an influential voice.Wealthy Dems want to cling to their money just as much as the wealth Rep! Sick of hypocritical celebrities claiming to be progressives, yet they buy 10,000 dollar shoes! Why does a quarterback make 500 million dollars??! Why do the Kardashians need 10 homes and dresses worth millions??! Sick to death of it!!

[@McHobotheBobo]

Communism or extinction are the options before our species

[@Misty31272]

@@McHobotheBobo I disagree. People need to learn to be satisfied with less. I love nice things, and I have nice things, but I live within my means. If I want a certain couch, but that certain couch is over my budget, then I will buy that same couch used. For me the American dream means freedom, which is vastly different than putting food on my table and a roof over my head. Poverty in America is a real issue that has to be addressed. If you go into rural areas, and inner cities the main problem is lack of education. People are not equipped to get good paying jobs. I imagine a world where the wealthy go into those areas and create businesses and pay their employees 15 dollars an hour to start and provide insurance or make it very affordable. During an 8 hour work day one hour should be allotted for employees to attend a literacy class, a mental health class, or job training for advancement class. I don't have the answers, but I know it's not Communism. Maybe we could put wealthy politicians, celebrities, investors, or anyone with 100 million dollars and up on a televised program in front of the American people and call them out for their hypocrisy! A real issue for me is super wealthy celebrities that pretend to care about the plight of the poor, while they're out buying 300,000 dollar cars and absurdly expensive mansions! We need to call them out publicly and make them put their money where their mouth is! Watch what would happen if they were held to the standards they claim to espouse!

[@carlwessels2671]

@@Misty31272 They only want those standards for others,never themselves.

[@lorrainewest7408]

@@Misty31272 'They" have you do not. So suck it up. Not what you know but who the connections are it seems.

[@inctru]

Death by a thousand cuts. It's been 40-50 years in the making, & the pandemic has accelerated this subjugation of the working class even more.

[@l.w.paradis2108]

The working class is beyond our own shores now. Once China, etc., decide not to recycle dollars into our financial markets so generously, that is when you'll find out just how productive the real economies in the West are. We all have more stuff. Someone is making it. No, not robots. Robots are a small part of the story.

[@andreasbyczkowski3435]

Brutal comment, but true.

[@Christian_Ada1]

Plandemic Nobody sees that everything is falling into place like it was planned?

[@lorrainewest7408]

yep.

[@lorrainewest7408]

Subjugation=to me via Power & Control by the freaks.

[@mariecurie7840]

They got rid of manufacturing in this country which eliminated millions of steadily middle-class jobs. Now, everyone regardless of whether they belong there or not, has to go to college. College does not make a person successful or happy, and with many degrees as people are finding, does not afford a decent standard of living. We, however, have billionaires and trillionaires who are very content with all of this.

[@dbarker3895]

Note to producers of the show if you ever read comments: Great to have Kurt Anderson as a guest. He was cofounder of the terrific Spy magazine back in the day.

[@IdrisFashan]

WHAAAAAA!?!? Amazing.

[@GingerPeacenik]

The Powell memo of the mid 1970s was a catalyst for much of what we are experiencing today. Reagan and Thatcher put that neoliberal ideology on steroids!

[@thomas45081]

Absolutely!

[@Sol-Invictus]

I'd trace parts of the police state to at least Nixon, and though Jimmy Carter is an amazing person he totally got used by moneyed interest. He was a simple peanut farmer after all. Then Reagan... Steroids like they use to use in the cold war.

[@philhunt26]

Yup. Blueprint for corporate control.

[@davidchmielecki2967]

J OTowner Actually Bill Clinton put the neoliberal ideology on steroids as Chris Hedges says. Reagan started giving it the push. Yes the Powell memo put out what needed to be done to accomplish it.

[@l.w.paradis2108]

@@davidchmielecki2967 This is true -- Clinton pulled stunts Reagan would never have dreamed of. Remember the savings and loan crisis? S&Ls were allowed to fail, fraud was prosecuted, and consumer banking, which is government insured, could not mingle investment banking into its operations.

[@TarsonTalon]

Meanwhile on the stock market floor: Hedge Funds getting **sted by Gamers.

[@kdilli6426]

love it.

[@LindwyrmSlayer]

Not anymore. The elites put their boot down.

[@artrock8175]

@@LindwyrmSlayer Watch Tom Nash's videos, there are plenty of people with big positions holding their positions to make the elites "move" pointless. Tom Nash actually had a live stream with one of the individuals who are doing exactly that. This is a very interesting story and I hope the end result is positive (for the people, not the small "cool kids" club).

[@ChimpOnComputer]

@@LindwyrmSlayer The smears have not been working. Too many content creators have done content leaning in with r/WSB, along with even political figures on both sides of the aisle. They will stomp as much as they want, the genie is out of the bottle now. EVERYONE is seeing the collusion and corruption in REAL TIME.

[@charliecostella]

By March most people will be homeless and jobless but we will have is a lot of guns and ammo things ain't looking too good for this spring

[@artgurrl]

Suicide and homicide are already way up in the country and it's not even Spring yet.. NYC and L.A are seeing homicide rates sky rocket.

[@rhsking05]

Yea, because let’s further polarize this nation by focusing on yet ANOTHER issue that isn’t an issue. Stick to wanting to get americans health care because about 800,000 americans die annually due to heart disease ALONE. Your broken heart is worried more about 39,000 ppl dying from guns, neglecting the fact that about half of those are cleared by law as legal self defense. So let me get this straight, but you’re more worried about taking another liberty/freedom away because roughly 18,000 morons die at the hand of a home owner or property owner or law enforcement defending theirs and their own or the few who are stupid enough to accidentally do themselves in by sheer ignorance RATHER THAN worry about, oh gee idk, MEDICARE FOR ALL!? This is why ppl are abandoning the DNC.

[@atom_gray]

welcome to my world.

[@BillyBasd]

@@rhsking05 THANK YOU!!!! Democratic party needs to focus on health care and economic issues funding them with tax reform (I'd rather pay my insurance premiums & deductibles as taxes) and reducing military, police & intelligence budget. Immigration, police reform (less desperation will mean less crime), and other social issues AFTER getting dems hugely popular by:sending emergency relief (mislabeled as stimulus) and giving Healthcare during pandemic. So simple if politicians could remove their heads from their big donor's keesters. *sigh*

[@l.w.paradis2108]

The market is way down. "Stimulus?" Maybe we will be paid not to riot.

[@cliffpostell508]

"Most conspiracies are untrue." Me: 🙄🙄🙄🙄🙄 Yea. Until years later when they are willing to admit it or there is so much evidence they can no longer deny it. Smh.

[@thomas45081]

Good point ... Of course, if you question any of the establishment, you'll be labeled these days (I'm same age with Kurt) as a conspiracy theorist, tin foil hat cult or whatever by pop-culture celebs, academia, political and/ or religious institutional cults, etc, etc. But IT IS CLEAR, after all these years and from experience, that this is all by design by the oligarch class ... so in a way ... IT IS A CONSPIRACY by the wealthy to keep down the lower classes.

[@prtitan27]

@@thomas45081 except for Qanon. Qanon is all bullshit

[@SirAndrewII]

Eh. Pyramids on mars. Aliens built Egypt? Lizard People?

[@seanclarke5915]

@@SirAndrewII Eh. Gulf of Tonkin? foreknowledge of 9/11? Chemical attack on Dhouma? foreknowledge of Pearl Harbour? Iran Contra? WMD's in Iraq? The creation of Al-Qaeda? Elite cover up of Epstein/Maxwell? The assassinations of the BP party leadership? The assassinations of the Civil Rights leaders of the 60s? The proceeding cover ups, and whitewashed investigatory commissions? The rigging of the 2000 US elections? The rigging of the DNC? Land grabs from 2008 crisis? You know what's at the centre of the vast majority of these don't you... the intelligence community. The hub of all elite-level criminal conspiracies.

[@hrs2044]

The illuminati? The Moon Landing Hoax? Pizzagate? Trump arresting all the Dems and Tom Hanks on Inauguration Day? The "stop the Steal" campaign? I'd say that "most" conspiracies are untrue, is a pretty fair statement.

[@KathleenMcCormickLCSWMPH]

You guys are hitting on all cylinders today. Great pieces and interviews re the sustained economic corruption that has taken down the country.

[@thomas45081]

Total legalized corruption ... incredible, because any average person who do the things that these politicians do ... would be imprisoned for years ....

[@ariel-y-e-m]

Woah, weren't they just talking about this guy's interview with Morning Joe like a week or two ago? Kinda cool now that they got him on the show

[@gar915]

Here’s how we got here, Reagan, Clinton. And the ones that followed doubling down each time.

[@mrg0th1er83]

As bad as W Bush and Trump were, it was Really Reagan who pushed the US down this path at an alarming speed.

[@internetguy1260]

The way modern conservatives slobber over Reagan and his traitorous policies is both absurd and disgusting.

[@artgurrl]

@@mrg0th1er83 True, Reagan started us on this path. But it was Clinton who really threw us into the shithole we are in now with his policies that deregulated Wall Street, the mortgage banking industry and NAFTA etc. He moved the Democratic party so far to the corporate right that there was no going back for the rest of the crooks in the party once they got a hold of all that corporate money. Citizens United decision from the Supreme Court ironically gave them more money and benefited the Democratic elite more than it did the GOP.

[@atom_gray]

@Jamarcus Washington that economy was already crashing when Carter was elected.

[@artgurrl]

@Jamarcus Washington Actually that isn't true. Reagan's inflation and huge interest rates on debt made it way worse for people in his first term. The middle class was doing far better under Carter than Reagan. The middle class continues to lose ground under both parties. In reality it is a one corporate party system we live in.

[@waynzwhirled6181]

Rising is killing it today. Another awesome story! The word "savior" comes to mind when I listen to this guy.

[@crackcrock]

"free market libertarian ideology, and then rigging it in their favor" well its not a free market ideology then is it.

[@joansparky4439]

You can as well explain this to a wall of bricks. I've had countless encounters with people about this and usually they have their own definition of 'libertarian' or 'capitalism' that is not related to the common definition of the term(s) one can find on Google or in a dictionary. Same on the other side as well with 'socialism' and 'communism'. FUBAR. PS: the thing you didn't label I have one for - it's monopolism - a societal framework that benefits a few at the cost of the rest. Even Adam Smith recognized it 250 years ago in his Wealth of Nations (although he didn't gave it a label afaik): _"The interest of the dealers [referring to stock owners, manufacturers, and merchants.. anyone really], however, in any particular branch of trade or manufacture, is always in some respects different from, and even opposite to, that of the public. To widen the market and to narrow the competition, is always the interest of the dealers. To widen the market may frequently be agreeable enough to the interest of the public; but to narrow the competition must always be against it, and can serve only to enable the dealers, by raising their profits above what they naturally would be, to levy, for their own benefit, an absurd tax upon the rest of their fellow-citizens."_ & _"The proposal of any new law or regulation of commerce which comes from this order, ought always to be listened to with great precaution, and ought never to be adopted till after having been long and carefully examined, not only with the most scrupulous, but with the most suspicious attention. It comes from an order of men, whose interest is never exactly the same with that of the public, who have generally an interest to deceive and even to oppress the public, and who accordingly have, upon many occasions, both deceived and oppressed it."_

[@Ex0dus111]

Of course it is. Libertarianism promotes selfish behavior.

[@rrosaseconda]

Thank You, Rising, for hosting Andersen. I will examine this book as a possible assignment for future students.

[@Themikelawry]

I WANTED TO SEE SAAGARS FACE WHEN HE SAID MOST CONSPIRACIES ARE NOT TRUE 😂😂😂😂

[@Wraiven22]

Anyone who wants to know more about this topic should read 'Dark Money' by Jane Mayer. Truly the most important book I've ever read in terms of how we got to where we are. I started it one night on a weekend and was so enthralled in horror that I had to stay up all night to finish it. A few very powerful and wealthy family dynasties are responsible for almost every aspect of our society and world.

[@andrewburan8966]

They never talk enough about the role the Federal Reserve and monetary policy has played in rigging the game

[@joansparky4439]

Even experts do not understand money (or why is there MMT for example?).

[@patrickn8355]

It's almost like this is a rational bipartisan discussion about how to actually help people.

[@vincemasi2939]

Another great complimentary book that illustrates what this author is talking about is "Democracy In Chains"

[@Wraiven22]

YES I LOVE THAT BOOK! Also "Dark Money" by Jane Mayer, it's sort of the Part 2 of DiC! Super worth the read if you haven't already

[@etchom73]

How did Milton create this problem? He was a great spokesman for true capitalism and spoke against big business and monopolies.

[@cameronlockard5935]

He didn't. Milton was ferociously pro-market. Too many erroneously conflate that with being pro-business. Nobody was more against corporate regulatory capture of the government.

[@northernpike13]

@@cameronlockard5935 You are wrong! He was completely against monopolies. And "big business" needs a working definition before going any farther.

[@cameronlockard5935]

@@northernpike13 - I'm pretty sure you completely misinterpreted my answer to Erick's question. Specifically - Erick: "How did Milton create this problem?" Me: "He didn't."

[@northernpike13]

@@cameronlockard5935 Ahhh-ha. So sorry. i see the error of my ways now.

[@eskimointhisworld]

Excellent interview, excellent guest. These are the facts, plain and simple.

[@bernicehagins6933]

When I saw Bush Clinton Obama together i knew U.S was in trouble

[@nowonami2524]

yup. biden's entire life has been to carry water for them, and he will stay true to his masters

[@noahbirdrevolution]

Side note: They've been suspending trade on AMC every time it goes up. When people get scared or think its over and start selling the price drops, then they open it back up for shorters to buy back low.

[@pistolen87]

The reasons for inflation in the 70's needs to be highlighted more.

[@bobbysbluebooster]

Its related to the petrodollar and we can't talk about that.

[@arymniak1]

The music died August 15, 1971. Once the gold standard was abandoned and we went total fiat currency the manipulation started.

[@ryanbuckley3314]

Thanks for helping me stay sane. I love what you do.

[@Oniweeki]

Excellent book. It perfectly explains the predicament we find ourselves in these days.

[@thezuh1398]

This is not just a problem in government. It's rooted in human nature.

[@florptytoo]

I'm afraid that's the real crux of it all. Sadly.

[@martymadrid8950]

The MICIMATT at work. Check out Moderate Rebels interview with Roy Mcgovern.

[@leahvogel5527]

First time I've been inspired to seek a book out immediately in awhile, thanks

[@cleoc136]

It REALLY became pronounced in the late 80's...all the jobs started leaving at a super rapid pace. Now we're to the point where nearly everything available is the service industry.

[@buffal0bilious]

I started Evil Geniuses recently. 100 pages or so in. Feels so far like it could round out a how-we-got-here trilogy with Jane Mayer's "Dark Money" and Matt Stoller's "Goliath."

[@healthmain]

One of their best shows ever.

[@smokerx893]

its kind of funny if you look back at things. the democratic party decided that instead of fighting for workers rights and unions it would be much more simple to take money from corporate donors and turn the democratic party into the lets ban guns party..

[@thomascoffey2344]

Excellent book! Same with fantasyland!! Thank for bringing him onto your show.

[@glm4054]

I always wondered why the minimum wage in California for the admin jobs I did was $12 for 30 friggin years. Now I know! 🤮

[@IJ72]

And it take you 30 years to realise that! Hmmm

[@mush893]

Thanks for introducing to this book, was not on my radar. On a another note fantastic posture Krystal. Puts my slouching to shame :')

[@parkerstroh6586]

Some conspiracies are real, don’t let the conspiracy fanatics turn you away

[@azeez8399]

Excellent Interview!

[@mitchellfreedman4546]

Kurt remains a hero to me for Spy Magazine in the late 1980s and early 1990s. It was must reading before the Internet. It was a combination of The Onion and Mother Jones/The Intercept. It was awesome nearly every month--and I eagerly awaited every single issue.

[@satelitemikedatapro2498]

Not really a conspiracy. Was all done in the light of day.

[@davidbateleur8357]

Anyone else expects this guy to exclaim "GREAT SCOTT" at any moment....?

[@Junior_Rocky]

This should be REQUIRED viewing for everyone. He is 100% spot on!

[@antoniovillanueva308]

Sociopaths seem to honestly believe that what is good for them is good for you.

[@hershbatkin]

I have a hard time reconciling this with Thomas Sowel's work in basic economics where he discusses the real world down side to these economic interventionist policies.

[@pamala2112]

Read it! Phenomenal book!

[@squiddlykicks8327]

I'm so glad there are people writing about this!

[@javiervidal366]

Description from author reminds me of the documentary, the Corporate coup d'etat, narrated/featuring by Hedges and cameo by Cornel West. Though they are likely more left than the author. Anyway, both appear to describe similar process taking place where we are now run by a one party Corporate State.

[@thomasdahman1594]

The only news here is that it's finally being covered

[@dark-boson3697]

Very interesting, please delve further into this subject!

[@ellisv75]

This is what finding what you go looking for looks like. It is easy to tell someone a story they already believe.

[@mikecoster2709]

Very interesting, just bought the audio book!

[@superfuzz81]

Growing up in Europe this is was essentially what I learned about post WW2 America in my world history class.

[@jamesryan1939]

Inequality for All released in 2013 by Robert Reich is a brilliant documentary on this subject.

[@ashleyyyy8833]

Canada IS NOT making everyone prosper. This statement couldn't be further from the truth. We too have a Neo Liberal government that is doing everything it can to help corporations. Food insecurity, homelessness, massive student debt- all growing problems here too.

[@rebekkad.2092]

CEO salaries are absolutely out of hand. This has driven up health care costs considerably. This is one reason we need Medicare for All. Good luck getting money out of politics. Those who benefit will never willingly give up that which benefits them. It's all screwed up. Thank you for having Kurt Andersen on!

[@sk8n854]

This man speaks the truth.

[@tomshady3530]

Basic solution: no one ever should have voted against their interest (republican). But they did. They continue to do so. None of these problems would have ever happened. Now, both parties are reactionary. It's too late. You have zero choices short of funding candidates who refuse to take money (legal bribes) from anyone over $500.

[@kg-ke1fw]

Very well said about the min wage and how it has become less than it was long ago, that's something that isn't articulated very well in campaigns!

[@Tactless_Tati]

A conspiracy doesn't mean something untrue. It's time to rehabilitate the term.

[@publiusvelocitor4668]

Gary Allen wrote about this in 1971: "None Dare Call It Conspiracy. " Good luck finding a copy, though.

[@benblessed9991]

Most original and insightful political channel ive seen.

[@dianaarmenta6177]

This should be the media's focus across the board. Broad appeal and fundamental.

[@HughTrudeau]

I totally agree with Kurt as I too am of the age that I saw all this unfold and I argued with and continue to argue with anyone who is interested in such discussions.

[@sallychi8406]

Further reading - "Dark Money" by Jane Mayer; "Griftopia" by Matt Taibbi, to name two off the top of my head. Thomas Frank covers similar ground.

[@mr.badnewsreviere2005]

So, time travelers, we know who has to get bumped off to keep America from falling apart. Let's get to it.

[@elevatorisland]

Sounds good, putting it on my book order list.

[@mikejohnson9118]

Going off the Gold Standard? Take away the responsibility and consequences of living in a Non Fiat World currency.

[@Linkacide]

Billionaires got played at their own game it’s that simple

[@bradbackes4177]

People are done with the scams going around.

[@61lastchild]

When someone says halfway thru...it means...less than 1/4. We all conflate our progress no matter the task.

[@HermesSonofZeus]

Great guest

[@calcifur]

Alright, dude needs a PR person. No one is taking the word confederacy more seriously than conspiracy.

[@MyContestPix]

Just bought the book!!!!

[@ADGreen-es6hm]

It started with ending of League of Women Voters

[@brentmcwilliams4332]

And what are you talking about either? My 79 yr old mother still does work for them (at least until the pandemic).

[@ADGreen-es6hm]

@@brentmcwilliams4332 they used to pick the candidates until the DNC and RNC took over

[@brentmcwilliams4332]

Really? Tell me more.

[@brentmcwilliams4332]

@@ADGreen-es6hm I actually totally agree with your point. As a Tulsi Gabbard supporter, you don't need to tell me how corrupt the process is. In fact, however, what I think you are referring to is that the league used to be arbitor of who appears on the debate stage, which is critical to the entire primary process that the DNC has so thoroughly shat all over. For what it's worth, unless I slept through the past half century, the league of women voters never actually selected the candidates. But their role was very important.

[@pepernst]

Robert reich has been ringing this bell for 20 years . Please have him on your show 🙌!

[@JB-er8hk]

Keep up the good work

[@jakeroberts9891]

No mention of the Powell memorandum. 😢

[@Agent_Dingleberry]

This is the Governments version of the purge

[@denniss1211]

Is it possible that some brokerages lent too much stock to the shorts and when the shorts could not cover, the brokerages did not have the stock to give back to the real owners of the stock?

[@AlShorts14]

Don't give boomers your money. A historian that claims he was blind as to what they were allowing to happen around them, but instead was actively participating in it shouldn't be selling anything other than apologies

[@rf-bh3fh]

Just sometimes events happen for the best. We should not judge, ponder the other timeline. Money does make the greedy do evil things. What better way to sort out the evil ones here? Things are going to be OK. Don't Lie and Don't do what you know is wrong.

[@Meitti]

In Finland every politician is forced to disclose all their financial backers. Anonymous backing is not allowed. A single blatant lie said in our version of congress can cost your entire career. The politicians are afraid of the voters, not the other way around and thats how it should be.

[@dlg5485]

This is the best case ever for decentralizing power structures, both economically (in the workplace) and politically (in governments). We will never have an equitable society until ALL forms of power are truly distributed to all Americans, so that all Americans have a say in the policies that govern our lives. If a purposeful redistribution of power and wealth does not occur in the very near future, the rapid decline of America will continue at an ever accelerating pace.

[@scottluthy5828]

Worker co-owned companies would be a structural economic change which would share profits of each enterprise much more equitably. More unions also gives workers more power and thus increased income, healthcare, etc. America needs to move in this direction

[@toddjoseph2412]

I think we can each have an option to when it might have started but can we all agree on a day it ends.

[@scottherron]

I don’t see the problem with stock buybacks, it’s up to the shareholders what a company does with it’s income.

[@sharonmassey2923]

The irrational paranoia about the words "conspiracy" and "socialism" is getting old.

[@Leifthrasir]

This is why unions are important, they prevent the rich and powerful from screwing over the working class.

[@kylewinters384]

Okay in what world is our economy even remotely libertarian or free market?? Can we get Dave smith on here or someone from Mises to explain what actual libertarian economics are?

[@ConnoisseurOfExistence]

Well, the American people just had the chance to choose someone who was different - Yang. And they did not...

[@Denise-ie2mp]

agreed. yang, sanders, gabbard, williamson

[@ittaiklein8541]

THIS is sad! Can this be fixed? If yes, then how?

[@PinkSakuraBunnie]

Sounds like an educational and eye opening book. Thanks for bringing him on. I just went to see if my local library has this book, and they have the ebook and audio, so I'll be listening to it while I work, after my daily dose of Rising of course 😁

[@ljwhitmire200]

Free markets for the poor and corporate welfare for the rich. 2008 & 2020 most of the money went to corporate interests that took huge risks and didn't have to pay for it. Not free market to me!

[@suzanneharry5855]

Greed is like the worst weed or ivy in your garden that if not controlled or hacked back will totally destroy the garden.

[@danielahlert3370]

Remember: Reagan was a spokesman for G.E. Jealousy from the blue-collar workers not in the union, allowed Reagan to destroy the power of the unions. The workers were all in the same lake so when the union boats rose the non-union boats rose. When the union boats sank the non-union sank with them. The boats in the 20% were in the ocean. So when the ships rose the yachts, being in the same ocean, rose with them. The poor and the lower middle class were left in the swamp and the pond. When the swamp was drained, these workers were stuck in the mud not going anywhere.

[@angelaj8958]

so interesting that these changes began in earnest in the early 70s, the same time Klaus Schwab, as a mentee of David Rockefeller, was starting the WEF

[@markbrandon7756]

ONE RULE THAT APLIES TO ALL MARKETS and ALL MARKET TYPE's-- Markets MOVE only in ONE DIRECTION; the Direction which hurts the most... this is the reality of how markets always make money, if you violate this RULE of ALL MARKETS , THEN ITS NOT A MARKET.....