Please watch. 1 hour & 12 mins.
Pay attention while your watching at the
7:40 mark onward about what James Madison does and believe in, about the Senate, property owners, wealthy etc. Pay attention to that carefully, please. "protect the minority of the opulent against the majority of the democratic free, of the poor. Therefore we must set up our system to prevent the mass of the poor, form having democracy from taking our wealth and position away form us etc.
And, pay attention to the
9:05 mark onward concerning Aristotle's version of this problem; Aristotle had a different solution which was more democratic, which was to attack the "Inequality" to alleviate the situation vs. James Madison's taking away and limiting democracy from the people.
26:55 Shift The Burden and the term Precariat. The unfair tax structure.
33:00 Social Security
35:00 GI Bill, tuition students, Big debts
37:00 The regulators The business being regulated takes over the regulators
40:00 Reagan starts massive bank bailouts, and de-regulations...
Each time the tax payer is called upon to bail out the ones who created a crisis; however in a capitalist economy you wouldn't do that normally. That would wipe out the capitalist investors who made bad investments and risky moves etc. But, the Rich and Powerful don't want a Capitalist system! They want a nanny state that they can run to and get bailed out as soon as their in trouble, when they foul up!
The 14th Amendment. Corporations are people ? Money is free speech ?
Corporations buying elections, political parties.
48:00 -- Keep the rabble in line... THE UNIONS.... ( go to hell Taft-Hartley, and you too Reagan )
55:00 -- Manufacturing Consent. Keep them in their place. Consumerism, Control everyone, shopping clothes, make you think you need things etc. make them vote a certain way, vote against their own interest, Obama didn't really promise anything! It was all about selling products. Chomsky says, the businesses said he sold the best of any products ever of any president.