WARD SUTTON
NK: It is one of those ideas that keeps coming up. At various points in history it's been an enormously popular idea. It is actually what people wanted in the former Soviet Union instead of the Wild West sort of mafia capitalism that they ended up with. And what people wanted in Poland in 1989 when they voted for Solidarity was for their state-owned companies to be turned into democratically run workplaces, not to be privatized and looted.
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You had your US premiere at the AFL-CIO convention. How are you finding labor leadership in relation to this idea? Are they open to it, or are you hearing, "Well, this isn't really workable"? Because I know you've also written about the idea that some of the auto plant factories or auto parts factories that are being closed down could be turned into factories producing subway cars, for instance. The unions would need to champion that idea for it to work.
MM: I sat there in the theater the other night with about 1,500 delegates of the AFL-CIO convention, and I was a little nervous as we got near that part of the film, and I was worried that it was going to get a little quiet in there.
Just the opposite. They cheered it. A couple people shouted out, "Right on!" "Absolutely!" I think that unions at this point have been so beaten down, they're open to some new thinking and some new ideas. And I was very encouraged to see that.
The next day at the convention the AFL-CIO passed a resolution supporting single-payer healthcare. I thought, Wow, you know? Things are changing.
NK: Coming back to what we were talking about a little earlier, about people's inability to understand basic economic theory: in your film you have this great scene where you can't get anybody, no matter how educated they are, to explain what a derivative is.
So it isn't just about basic education. It's that complexity is being used as a weapon against democratic control over the economy. This was Greenspan's argument--that derivatives were so complicated that lawmakers couldn't regulate them.
It's almost as if there needs to be a movement toward simplicity in economics or in financial affairs, which is something that Elizabeth Warren, the chief bailout watchdog for Congress, has been talking about in terms of the need to simplify people's relationships with lenders.
So I'm wondering what you think about that. Also, this isn't really much of a question, but isn't Elizabeth Warren sort of incredible? She's kind of like the anti-Summers. It's enough to give you hope, that she exists.
MM: Absolutely. And can I suggest a presidential ticket for 2016 or 2012 if Obama fails us? [Ohio Congresswoman] Marcy Kaptur and Elizabeth Warren.
NK: I love it. They really are the heroes of your film. I would vote for that.
I was thinking about what to call this piece, and what I'm going to suggest to my editor is "America's Teacher," because the film is this incredible piece of old-style popular education. One of the things that my colleague at The Nation Bill Greider talks about is that we don't do this kind of popular education anymore, that unions used to have budgets to do this kind of thing for their members, to just unpack economic theory and what's going on in the world and make it accessible. I know you see yourself as an entertainer, but I'm wondering, do you also see yourself as a teacher?
MM: I'm honored that you would use such a term. I like teachers.
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