Bill Moyers: But here’s the problem for journalism. When we write about inequality, we use numbers that are profound but numbing. I mean, here’s something I just read: over the past twenty years, the elite 1 percent of Americans saw their share of the nation’s income double, from 11.3 percent to 22.1 percent, but their tax burden shrank by about one-third. Now, those facts tell us something very important: that the rich got richer as their tax rates shrank. But it doesn’t seem to start people’s blood rushing.The whole thing is fascinating.
David Simon: You start talking about a social compact between the people at the bottom of the pyramid and the people at the top, and people look at you and say, “Are you talking about sharing wealth?” Listen, capitalism is the only engine credible enough to generate mass wealth. I think it’s imperfect, but we’re stuck with it. And thank God we have that in the toolbox. But if you don’t manage it in some way that incorporates all of society, if everybody’s not benefiting on some level and you don’t have a sense of shared purpose, national purpose, then it’s just a pyramid scheme. Who’s standing on top of whose throat?
Bill Moyers: Why do you think, David, that we tolerate such gaps between rich and poor?
David Simon: You know, I’m fascinated by it. Because a lot of the people who end up voting for that kind of laissez-faire market policy are people who get creamed by it. And I think it’s almost like a casino. You’re looking at the guy winning, you’re looking at the guy who pulled the lever and all the bells go off, all the coins are coming out of a one-armed bandit. You’re thinking, “That could be me. I’ll play by those rules.” But actually, those are house rules. And most of you are going to lose.
Saturday, April 16, 2011
Bill Moyers and David Simon
Guernica features a great interview by Bill Moyers of David Simon, the creator of The Wire (h/t Anne Laurie):
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