Detailed text transcripts for TV channel - MSNBC - 20161117:12:04:00
The kind of exporter manufacturing and rise of technology that's created the shareholder issue you're raising. the concentration of wealth has been hugely important and the south slave owning planters had most of the money. and in fact had to make common cause with poorer whites on racial grounds as opposed to economic ones often. obviously in the progressive era that was an answer to inequalities. in terms of -- if you were a steal magnate in what became the rust belt, you couldn't export those jobs, right? so the kinds of -- it's a paper economy. this is what populists all along have worried...
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