Global Policy dominated by elites?

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Uploaded by on Jan 26, 2012

Income inequality has been on the rise on a global scale. Currently there are two global forums that are discussing possible solutions to close that gap. Some believe that the one percent is in Davos while on the other hand World Social Forum is more for the 99 percent. But is there really a difference? Mike Norman, chief economist at John Thomas Financial, joins us to take a deeper look.

Follow Liz on Twitter at http://twitter.com/LizWahl

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Top Comments

  • "corporate socialism"?? why doesn't he just call it what it is... Global Fascism (known to you and me as 'Globalism').

  •  We need RON PAUL and many more like him.

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All Comments (99)

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  • Anyone who was raised in the USSR can easily see what RT is. During USSR days KGB had moles and spies in this country. Today they are smarter. This is a disinformation operation of the FSB, the Russian Federal Security Service. Their goal is to weaken and undermine the strength of this country

    Вон из Америки!!

  • @ejbh3160 or... CAPITALISM! Marx described this shit 150 years ago and people still say he didn't know what he was talking about!

  • @ltmikepowell  True

  • @ejbh3160 It's still the same.

  • @misesownskeynes Spare him this time since he does make some good point. 

  • @dadgadable Socialism will only work when peoples got the wealth. Sadly, those wealth doesn't trickle down to the average peoples.

  • @highandwired Usually wealth redistribution was once associated with Socialism/Communism. But when that wealth redistribution only benefit the rich, it will be worse than the conventional socialism/communism.

  • crony capitalism...free markets manipulated to benefit the upper class

  • @califradmt Relax. I was just jerking some chains with my socialism remark. Got tired of people with the "crony capitalism" scapegoat theory. I actually think that the current paradigm is what capitalism leads to. The winners - dominant institutions that evolved in the free market are simply protecting their own self interest by bending the rules in their favor. In capitalism, the bottom line is money.

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