One year after a public bailout, the bonuses are back — big-time — at Goldman Sachs. The headline now: a $23 billion bonus pool estimated on the way for the bankers.
Meanwhile, unemployment is sky high. Foreclosures, too. And middle class anxiety.
You can feel the discontent, the anxious volatility in America right now. My guest today says one way or another it’s the stuff of revolution.
Really? Here? We’ll hear his case — and we’ll hear from an historian who says it’s not so easy to light that American fuse.
This hour, On Point: The powder keg argument, American history, and America now.
Lawrence Goodwyn, professor emeritus of history at Duke University. He’s author of “The Populist Moment: A Short History of the Agrarian Revolt in America” and “Breaking the Barrier: The Rise of Solidarity in Poland.”