Such an important and powerful Ted talk by Lawrence Lessig. Lessig rightly points out the perfectly legal, sanctioned, and structural corruption at the heart of American Democracy. Only 0.05% of us really fund elections, which really means its only 0.05% of us who select and vet candidates and have access to them once they’re in
Posts Tagged ‘inequality’
Over the weekend the European Union agreed to a 10 Billion euro bailout of member country Cyprus’ banking sector, but imposed as a condition of the bailout a 9.9% tax on all bank deposits above 100K Euros. On its face and in the abstract, this proposal is a horrible way to bail out a
I sat down yesterday for a conversation over coffee with Elaine Wolff, the Editor and Founder of Plaza de Armas, a smart, San Antonio-based news and commentary site. We covered the Forbes Billionaire list, my recent review of Chrystia Freeland’s Book Plutocrats, elite legitimacy, and the profitability of new media. The conversation starts at 59:40
As a followup to my review of Chrystia Freeland’s good book Plutocrats, and in honor of Forbes’ release of their latest list of the World’s 1,426 Billionaires, everybody should watch this video. Do it, it just takes 6 minutes. We can’t have a useful dialogue about these things if we don’t have the facts.