The Long, Dark Shadows of Plutocracy

Some people say inequality doesn’t matter. They are wrong. All we have to do to see its effects is to realize that all across America millions of people of ordinary means can’t afford decent housing. As wealthy investors and buyers drive up real estate values, the middle class is being squeezed further and the working poor are being shoved deeper into squalor — in places as disparate as Silicon Valley and New York City. On the latest episode of Moyers & Company this week, host Bill Moyers points to the changing skyline of Manhattan as the physical embodiment of how… Read more…

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