Moyers & Co.: How Washington and Big Business Colluded to Make the Rich Richer

This weekend Bill Moyers returns to television with Moyers & Company. In his first show, Bill explores how Washington made the rich richer at the expense of the middle class. On Friday, the premiere episode of Moyers & Company, Bill’s guests – Jacob Hacker and Paul Pierson, authors of Winner-Take-All Politics: How Washington Made the Rich Richer — And Turned Its Back on the Middle Class, argue that America’s vast inequality is no accident, but in fact has been politically engineered.

How in a nation as rich as America can the economy simply stop working for people at large, while super-serving those at the very top? Through exhaustive research and analysis, the political scientists Hacker and Pierson — whom Bill regards as the “Sherlock Holmes and Dr. Watson” of economics — detail important truths behind a 30-year economic assault against the middle class.

Who’s the culprit? “American politics did it— far more than we would have believed when we started this research,” Hacker explains. “What government has done and not done, and the politics that produced it, is really at the heart of the rise of an economy that has showered huge riches on the very, very, very well off.”

Bill considers their book the best he’s seen detailing “how politicians rewrote the rules to create a winner-take-all economy that favors the 1% over everyone else, putting our once and future middle class in peril.” In addition to the eye-opening interview, the show includes testimony of middle-class Americans at a Senate hearing, as well as an essay on how Occupy Wall Street reflects a widespread belief that politics no longer works for ordinary people.

(The show airs this weekend; – Click here to check local TV schedule information)