In a Democracy Now! exclusive debate, former federal reserve chairman Alan Greenspan and journalist Naomi Klein square off on the Iraq war, oil, President Bush tax cuts, social security, economic populism in Latin America, corruption and crony capitalism. Greenspan headed the central bank in the United States for almost two decades. He has written a new 500-page memoir titled, “The Age of Turbulence: Adventures in a New World.” At one point in the debate, Klein asks Greenspan, " The policies that you pursued—deregulation, privatization, free trade—have contributed to this extraordinary division of income that is really the fuel for this economic populism that you’re now denouncing. Aren’t you the one that has caused this crisis of faith in capitalism?" [includes rush transcript]moreless
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