Socialism for the Rich, Capitalism for the Poor: An Interview With Noam Chomsky

http://www.truth-out.org/opinion/item/38682-socialism-for-the-rich-capitalism-for-the-poor-an-interview-with-noam-chomsky

From the site:

The inequality in the contemporary period is almost unprecedented. If you look at total inequality, it ranks amongst the worse periods of American history. However, if you look at inequality more closely, you see that it comes from wealth that is in the hands of a tiny sector of the population. There were periods of American history, such as during the Gilded Age in the 1920s and the roaring 1990s, when something similar was going on. But the current period is extreme because inequality comes from super wealth. Literally, the top one-tenth of a percent are just super wealthy. This is not only extremely unjust in itself, but represents a development that has corrosive effects on democracy and on the vision of a decent society.