FASCISM AND ECONOMICS
The Hartmann Report
Thom Hartmann
4.5 • 1.3K Ratings
🗓️ 11 July 2021
⏱️ 57 minutes
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Summary
As the oligarchs stall democratic progress in Congress, the Republicans continue to lay the groundwork for a complete fascist takeover of America. Will they be successful? And Professor of Economics Richard Wolff updates Thom on the latest turn in the economy.
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Transcript
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| 0:00.0 | This is the Tom Hartman program. |
| 0:16.2 | So my op-ed today over at HartmanReport.com is titled Oligarchy when brutal capitalism |
| 0:22.2 | becomes more important than democracy. |
| 0:25.5 | And there's a point to that. |
| 0:26.7 | It goes back to an interview that I had on this program with Stephen Moore. |
| 0:30.6 | And this was years ago. |
| 0:31.6 | This was back like 2008, 2010, something like that. |
| 0:36.1 | It was long before he was working for Donald Trump. |
| 0:39.2 | And I asked him, just straight up, in fact, there's a link to the actual interview it's |
| 0:43.7 | on YouTube in the article at HartmanReport.com. |
| 0:47.7 | I asked Stephen Moore, I said, which is more important, capitalism or democracy. |
| 0:51.2 | And without a missing of beat, he said capitalism. |
| 0:55.6 | Because rationale was that without capitalism, you can't have democracy, which is kind |
| 1:01.0 | of sketchy. |
| 1:02.8 | But without debating that, the point that I'm making in this op-ed, that I want to make |
| 1:08.2 | right now, is that we are now in a full-blown Oligarchy in the United States. |
| 1:14.0 | And that's a dangerous thing, because Oligarchy's almost never last more than a single generation. |
| 1:25.4 | Oligarchy is rule of by and for the rich. |
| 1:29.2 | For example, yesterday the New York Times was reporting, or actually the Washington Post |
| 1:34.6 | was the one that I read, that the Sackler family, this multi-billion dollar multi-billionaire |
| 1:40.5 | family, are reaching a settlement with the individual states that are suing them for killing |
| 1:46.2 | a half million Americans with their marketing practices around OxyContin. |
... |
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