The documentary "Who Rules America?" explores the concentration of power within media corporations, the influence of money and special interests in politics, and the dominance of Wall Street. Currently, only six major media corporations dominate American media, with mutual fund companies as their major shareholders, and a lack of diversity within these corporations. The documentary highlights the growing economic inequality in the country, with a ruling class, a bourgeoisie class, and the hope of upward mobility through the American dream. The documentary calls out the financial industry for being its own worst enemy due to its short-term profit motives and the financial crisis that inevitably resulted from its deregulatory moves. The concentration of power in financial markets was also examined, with just ten companies dominating all stock ownership. Additionally, the video argues that the American people do not organize themselves in their districts to mitigate the power of special interests, leading to a small group of traders, investors, and asset managers controlling the markets and causing risk for taxpayers.
The video explores the relationship between Wall Street and American policy-making, highlighting the enormous influence that Wall Street has on American politics through donations to influential members of Congress and its ability to sabotage financial reforms. It suggests that former bank CEOs often hold high government positions, creating an incestuous relationship where Wall Street essentially powers American policy, and that algorithmic trading means computer systems have virtually unlimited credit. The video suggests that the American government does not represent ordinary people, and various powerful forces such as the military, corporations, media, and Wall Street often undermine democracy instead of strengthening it.