It ends up with what is called 'regulatory capture'. The business being regulated is in...
Join the conversation
Log in or create an account to leave a comment
Log In
Noam Chomsky:
It ends up with what is called 'regulatory capture'. The business being regulated is in fact running the regulators. Bank lobbies started writing the laws of financial regulation, it's got to that extreme
It ends up with what is called 'regulatory capture'. The business being regulated is in fact running the regulators. Bank lobbies started writing the laws of financial regulation, it's got to that extreme
Full Transcript
00:00:01.000 --> 00:00:04.071
And it ends up with what's called regulatory capture
00:00:05.071 --> 00:00:08.572
The business being regulated is in fact running the regulators
00:00:17.001 --> 00:00:21.484
Bank lobbyists are actually writing the laws of financial regulation
00:00:21.584 --> 00:00:23.619
it gets to that extreme
Want This Clip in HD?
Upgrade for HD/4K downloads and unlimited access. Upgrade now →
Movie Summary
Through interviews filmed over four years, Noam Chomsky unpacks the principles that have brought us to the crossroads of historically unprecedented inequality – tracing a half-century of policies designed to favor the most wealthy at the expense of the majority – while also looking back on his own life of activism and political participation. He provides penetrating insight into what may well be the lasting legacy of our time – the death of the middle class, and swan song of functioning democracy.
