The United States' financial system is broken for all but a few at the top -- that much is plain. But given the complexity and size of Big Finance, it's hard to pin down why.
"You name it, we are buying it," says NYPD Chief Bill Bratton as city purchases $7.5 million in military-style gear.
Adam Hochschild is the San Francisco-based author of seven books, including King Leopold's Ghost. His new book, To End All Wars: A Story of Loyalty and Rebellion, 1914-1918 (Houghton Mifflin Harcourt), has just been published.