DemocracyNow.org - 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 aspect of the current distribution of resources in this country, the current inequality we have, isn't just that it is bad for people in 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."
Watch part 1 of this interview: vimeo.com/45904714
To watch the complete weekday independent news hour, read the transcript, download the podcast, search our vast archive, or to find more information about Democracy Now! and Amy Goodman, visit democracynow.org/
FOLLOW DEMOCRACY NOW! ONLINE:
Subscribe on YouTube: youtube.com/democracynow
Listen on SoundCloud: soundcloud.com/democracy-now
Daily Email News Digest: democracynow.org/subscribe
Please consider supporting independent media by making a donation to Democracy Now! today, visit democracynow.org/donate/VM