Lawrence Lessig explains how institutional corruption has affected every aspect of our government.
Quotes from the video:
"The big change came in the late 1970s and 1980s when large corporate chains accelerated the long-term trend to gobble up daily newspapers." -- quote from The Death and Life of American Journalism by Robert McChesney, John Nichols
"When locally based family owned newspaper [...] were consolidated into publicly owned newspaper chains, an essential trust between journalism and the community served [...] was betrayed." -- David Simon
"Wall Street said, 'Hey, if you don't [give me the rating I want], the guy across the street will. And we'll get them all the business.' And they just played the rating agencies off one another." -- quote from 13 Bankers: The Wall Street Takeover and the Next Financial Meltdown by Simon Johnson, James Kwak
[watch video below]