In this episode, take a look at how Wall Street institutions factor into America's power structure.
00:00 The financial weight of Wall Street and its impact on American politics and society.
03:47 The shift from a production-based economy to a consumption-based economy led to the growth of banks, private equity firms, and hedge funds, leading to a cycle of political power and the 2008 crash.
07:21 Central banks aim to keep interest rates low to make it easier to borrow for speculative purposes, which benefits a few wealthy traders and investors.
11:21 The financial services industry exerts strong influence on the American political system through lobbying activities and campaign contributions.
15:14 An animal rights activist led a campaign against a company involved in medical testing on puppies, causing the company to go bankrupt, but the activist was labeled a financial terrorist and sent to prison .
17:46 The corrupt relationship between Wall Street and policymakers, and the importance of an informed citizenry to maintaining democracy.
22:07 There is a battle for the soul of America, over who governs America and whether fundamental transformation is possible.
Who Rules America? takes a comprehensive look into the governing system of the United States of America and reveals the behind-the-scenes powers that rule the nation.
Director: Danny Schechter
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