Amidst a series of recent scandals that have rocked the global banking
system, journalist Chris Hayes joins us to discuss his new book,
"Twilight of the Elites: America After Meritocracy." The book examines
how Wall Street and other major institutions, from Congress to the
Catholic Church to Major League Baseball, have been crippled by
corruption and incompetence. Hayes is host of the MSNBC
weekend show, "Up with Chris Hayes," and is editor-at-large of The
Nation magazine. "One of the most insidious aspects of the current
distribution of resources in this country and the current inequality we
have isn’t just that it’s bad for people on the bottom of the social
pyramid but that it makes people at the top worse," Hayes says. "It
conditions them to be incompetent and corrupt."Video
Source: Democracy Now!
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