Taibbi Talks One Percent on Bill Moyers

Joins Chrystia Freeland to discuss literal and psychological takeover of the economic minority

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Matt Taibbi joined Chrystia Freeland, author of Plutocrats: The Rise of the New Global Super-Rich and the Fall of Everyone Else, on Moyers & Company this weekend to discuss the literal and psychological takeover by the one percent of our society and government. In the segment, which you can watch above, Taibbi and Freeland discuss how class warfare is becoming inherent and why huge class disparity is an absent subject in presidential debates. "I think the winner take all economic dynamic is something that is existing separate from the politics," Freeland says. "The politics in the United States are exacerbating that division rather than mitigating it." Taibbi says the one percent feel entitled to their wealth and tax breaks, while the poor accept their inability to climb the ladder. "A lot of Americans are disillusioned about their situation," Taibbi says. "They actually do believe on some level that if they're poor, they deserve to be that way."