GRITtv: Fixing Capitalism: Are Regulations Enough?

The economy seems to be stabilizing a bit, but as we've discussed many times, people are still suffering and jobless. Yet Citigroup is getting more tax breaks, and Ben Bernanke is Time's Person of the Year. Matthew Yglesias writes: It demonstrates a very specific class skew--extraordinary intervention into the marketplace just long enough to fix the situation from the point of view of asset-owners while leaving wage-earners holding the bag. Are we just returning to pre-recession levels, or something better -- or worse? Nicole Gelinas, fellow at the Manhattan Institute and author of "After the Fall: Saving Capitalism from Wall Street and Washington and Max Fraad Wolff of the New School," join us to talk about regulation, government and private industry, and where to go from here.