How the 1% Economy is Crushing Small Towns | Brian Alexander on Small Town Economic Decline

Brian Alexander discusses how the 1% economy and private equity firms are destroying small towns and highlights the resulting income inequality.

0:00 Introducing Brian Alexander
0:45 Why the small town angle?
1:40 How is the 1% economy shattering small-town America?
4:14 What is Greenmail?
6:55 Toys 'R Us bankruptcy
8:43 The carried interest loophole
10:04 Small towns can not withstand a large employer leaving
10:51 What happens when a large employer leaves?
11:59 Is it a bad choice to live in a one-horse town?
15:14 The problem of monopolistic corporations
17:12 The problem with capital formation
19:51 The pandemic exposed income inequality
23:40 Brian's website: https://brianralexander.com/

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