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Bill Moyers in Conversation

The Long, Dark Shadows of Plutocracy

Bill Moyers in Conversation

Public Square Media, Inc.

Affairs, Pbs, Public, 2016, Politics, News & Politics, Democracy, Moyers, Bill, Journal, Election

4.8599 Ratings

🗓️ 28 November 2014

⏱️ 23 minutes

🧾️ Download transcript

Summary

Transcript

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0:00.0

I'm Bill Moyers. It's good to have your ear.

0:06.4

This week, Old Moorers & Company, the long, dark shadows of plutocracy.

0:11.6

These buildings are a whole new level of super, super luxury condo.

0:16.4

People have never lived that high, certainly not in New York, and pretty much anywhere, really.

0:20.8

Why didn't people make a stink out of this? This is blotting out the sunshine and the

0:24.8

premier park, certainly in New York City, maybe the world. Where was the outcry?

0:32.0

If we don't get together and do something, we'll be left with the city that's only accessible

0:36.6

to millionaires and billionaires.

0:38.3

Forget about the Statue of Liberty, forget about Ellis Island, forget about the idea of everybody being welcome here in New York City.

0:46.3

This will be a city only for rich people.

0:48.3

Thanks for joining us.

0:52.3

Let's talk one more time about why inequality matters.

0:58.0

Some people say it doesn't, but they're living in an ideological fairyland on the far side of the

1:04.0

looking glass.

1:05.0

In the real world, inequality is a deep and divisive force.

1:09.0

We see that politically all the time, as the rich

1:12.3

by elections and then shape the laws to their advantage. But in this episode, let's look

1:17.8

at just one of the basic needs of life affected by inequality, a place to live. Across our

1:24.6

country, millions of people of ordinary means can afford decent housing.

1:29.5

In New Jersey, just on the other side of the Hudson River from where I'm sitting,

1:33.8

three out of five renters can afford a two-bedroom apartment at market rates.

1:38.5

And across the continent in San Francisco, residents, including many from an anguished middle class, have taken

...

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