Greed and its fallout “Where once We the People held capitalism’s leash, now we wear the collar.” It’s something I’ve repeated since taking the Hullabaloo morning shift ten years ago. “Working people know in their guts they work for the economy, not the other way around.” Joe Biden gets it. In July 2021, he spoke of ensuring “that our economy isn’t about people working for capitalism; it’s about capitalism working for people.” Unfair competition and monopolies the Roosevelts once worked to rein in have landed us in a second Gilded Age. “Forty years ago, we chose the wrong path, in my view,” Biden said, “following the misguided philosophy of people like Robert Bork, and pulled back on enforcing laws to promote competition.” People still know in their guts they are getting screwed, write Katherine J. Cramer and Jonathan D. Cohen in a New York Times guest opinion: When asked what drives the economy, many Americans have a simple, single answer that comes to mind immediately: “greed.” They believe the rich and powerful have designed the economy to benefit themselves and have left others with too little or with nothing at all. We know Americans feel this way because we asked them. Over the past two years, as part of a project with the American Academy of Arts and Sciences, we and a team of people conducted over 30 small-group conversations with Americans from almost every corner of the country. While national indicators may suggest that the economy is strong, the Americans we listened to…