Gary Moore

3rd Ingredient™, Part 54: Saving capitalism from Wall Street capitalists

Wall Street business model is not capitalism. Gary Moore joins Jim Blasingame to discuss Greg Smith's column in the NY Times about his resignation from Goldman Sachs which is an indictment of modern Wall Street practices.

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Gary Moore joins Jim Blasingame to reveal why the U.S. is in a perilous period where short-term return on capital thinking is prevailing over broader benefits applied with a long-term perspective.
Gary Moore joins Jim Blasingame to compare two theories of capitalism, one that transfers value from one group to another, and one that creates value and allows it to be shared among the stakeholders as they contribute.
Gary Moore joins Jim Blasingame to reveal why those who think the shareholder is the prime stakeholder in a corporation is shortsighted and doing harm to the U.S. and to capitalism.
Gary Moore joins Jim Blasingame to reveal the only a grass roots revolution can save American capitalism, not Wall Street or Washington.
Gary Moore joins Jim Blasingame to reveal how capitalism has been hijacked by those who think making money is their only purpose in life, at the expense of humans, who ultimately are their customers.