The Looting of America?01/05/10 Robert Lorei
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Our next guest is Jonathan Tasini, author of The Audacity of Greed: Free Markets, Corporate Theives, and the Looting of America (Ig Publishing). In his book Tasini writes: "Over the past quarter century, we have lived through the greatest looting of wealth in human history. While billions of dollars streamed into the pockets of a few elites in the corporate and economic class, the vast majority of citizens have lived through a period of falling wages, disappearing pensions, and dwindling bank accounts — all of which led to the personal debt crisis that lies at the root of the current financial meltdown."
In The Audacity of Greed Tasini examines the ethos of the free- market that he says robs everyday Americans, and exposes exposes the individuals responsible for "the looting of America." From corporate executives who funded their lavish lifestyles at the public’s expense, to the politicians who let it happen, Tasini argues that we need a cultural and philosophical revolution that punctures the fable of market fundamentalism and, by doing so, values the contributions made by ordinary Americans throughout the economy.