from The Real News Network. The guest is associated with liberal think tanks, The Institute New Economic Thinking and Economic Policy for the Franklin and Eleanor Roosevelt Institute.
Such people are concerned about threats to their beloved system, capitalism, resulting from the social cataclysms in the offing due to austerity cuts, the attacks on public spending and social safety nets. These people largely represent the old, more secure aristocracy of capitalists who largely inherited their wealth and who know that unbridled greed could create a powerful backlash that can destroy the system.