March 9, 2012
A version of this program originally aired January 20, 2012.
For years, high-ranking administration officials have spun through the revolving door between the White House and American big business… Stockman speaks candidly with Bill Moyers about how money dominates politics, distorting free markets and endangering democracy. “As a result,” Stockman says, “we have neither capitalism nor democracy. We have crony capitalism.”
“We now have an entitled class of Wall Street financiers and of corporate CEOs who believe the government is there to do… whatever it takes in order to keep the game going and their stock price moving upward,” Stockman tells Moyers.
Encore Broadcast: Crony Capitalism | Moyers & Company