Editor’s Note:Inequality for All was released in 2013. The content is presented by economist Robert Reich, and is based on his 2010 book, Aftershock: The Next Economy and America’s Future. Robert Reich is also professor of public policy at UC Berkley and former Secretary of Labor under President Bill Clinton.
The new documentary, Inequality for All, was released on Netflix two weeks ago. I borrowed the DVD and watched. My opinion? Informative!
Robert Reich is engaging and easy-to-comprehend. In Inequality for All, he connects the dots between all the factors that are exacerbating the ever-widening riff in America between the rich and poor.
Watch the official trailer:
Country With the Best Economy?
When asked which country is the best example of a thriving economy, Reich answers: The U.S. — during the three decades after World War II. At that time, America enjoyed a Virtuous Economic Cycle:
- Productivity grew
- Wages Increased
- Workers bought more
- Companies hired more
- Tax revenues increased
- Government Invested more
- Workers were better educated
- Economy expanded
Forgotten Economic Lessons
How did the U.S. slip away from an economy that was working really well? In his article, Why the Three Biggest Economic Lessons Were Forgotten (which is basically an excerpt from Inequality for All) Reich explains what happened. The article is just a taste of the many clear-sighted insights to be found in Inequality for All.
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