|About Aramco: View I, View II|
It is difficult to keep this kind of series free of boredom, so I settled for shocking statements about the banksters (a.k.a. robber barons) to relieve the boredom.
In today's post I will use a different tactic, and let a professor of economics reveal some of the "interesting" history we have now slid backwards into.
A well known person explains that, while doing a book promotion tour, he discovered the deep and widespread dissatisfaction with "the establishment" in the hearts and minds of the American public.
A discovery that is now playing out before our eyes in this "oddest presidential election" he says he has ever witnessed.
He explains that, during the book tour, he became quite surprised at patterns in dialog during interactions with the audiences attending his book tour venues.
It even got to the point, eventually, where many things surfaced that liberals and conservatives agreed on.
For example, after the tour he and David Brat, the politician who defeated House Majority Leader Eric Cantor in a primary, found that they agreed upon some fundamentals in the context of money corrupting politics and traditional American ideology (Reich is a liberal, Brat is a conservative - both are economics professors).
Anyway, here is the video, with a lot of anecdotal fun and facts (he speaks 30 minutes, then the question answer session follows).
28:30 "What we are facing today is not all that different from what we faced 120 years ago just before the progressive era. [It was] the guilded age ... the [age of the] robber barons who not only monopolized industry, but changed the rules of the game of capitalism for themselves ..."
The previous post in this series is here.