By Chris Hedges / The Chris Hedges Report
Rob Larson breaks down how the hyper-concentration of wealth that pervades American society is making life worse for everyone (except the rich). He says that tax breaks, deregulation and other neoliberal doctrines make it so that “more cash [chases] the same number of assets, and it just tends to have the effect of hideously inflating every asset market, making housing out of reach for so many people, making the market absurdly overpriced.”
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Chris Hedges
Chris Hedges is a Pulitzer Prize–winning journalist who was a foreign correspondent for fifteen years for The New York Times, where he served as the Middle East Bureau Chief and Balkan Bureau Chief for the paper. He previously worked overseas for The Dallas Morning News, The Christian Science Monitor, and NPR. He is the host of show The Chris Hedges Report.
He was a member of the team that won the 2002 Pulitzer Prize for Explanatory Reporting for The New York Times coverage of global terrorism, and he received the 2002 Amnesty International Global Award for Human Rights Journalism. Hedges, who holds a Master of Divinity from Harvard Divinity School, is the author of the bestsellers American Fascists: The Christian Right and the War on America, Empire of Illusion: The End of Literacy and the Triumph of Spectacle and was a National Book Critics Circle finalist for his book War Is a Force That Gives Us Meaning. He writes an online column for the website ScheerPost. He has taught at Columbia University, New York University, Princeton University and the University of Toronto.