Bill Moyers: The Need for Equilibrium Between Public and Private

"I think this country is in a very precarious state at the moment. I think, as I say, the escalating, accumulating power of organized wealth is snuffing out everything public, whether it’s public broadcasting, public schools, public unions, public parks, public highways. Everything public has been under assault since the late 1970s, the early years of the Reagan administration, because there is a philosophy that’s been extant in America for a long time that anything public is less desirable than private.

And I think we’re at a very critical moment in the equilibrium. No society, no human being, can survive without balance, without equilibrium. Nothing in excess, the ancient Greeks said. And Madison, one of the great founders, one of the great framers of our Constitution, built equilibrium into our system. We don’t have equilibrium now. The power of money trumps the power of democracy today, and I’m very worried about it. I said to—and if we don’t address this, if we don’t get a handle on what we were talking about—money in politics—and find a way to thwart it, tame it, we’re in —democracy should be a brake on unbridled greed and power, because capitalism, capital, like a fire, can turn from a servant, a good servant, into an evil master. And democracy is the brake on my passions and my appetites and your greed and your wealth. And we have to get that equilibrium back."  Bill Moyers

Bill Moyers has just published a book based on the PBS Bill Moyers Journal series--one of the highest-rated public broadcasting programs, drawing 2 million viewers weekly.  The PBS site has videos from his interviews, but the book should be on everyone's reading list.