Question
Over the last 40 years there has been a very large redistribution of income from the middle class to the top 1%. Two important reasons
Over the last 40 years there has been a very large redistribution of income from the middle class to the top 1%. Two important reasons for this are (1) the dramatic change in tax policy that has occurred favoring the top 1% and (2) the even more dramatic rise in the ratio of executive pay to average worker pay. Watch one of the following 3 videos on income and wealth inequality by Robert Reich, an economics professor from Berkeley: (1) the 60 minute video: http://billmoyers.com/episode/full-show-inequality-for-all/(Links to an external site.) , which is a Bill Moyers interview with Robert Reich on his film, Inequality for All, (2) Watch the actual film, Inequality for All (which is available through our library and might be on Amazon Prime), or (3) Watch the new Robert Reich YouTube video on Wealth Inequalityhttps://www.youtube.com/watch?v=wOI8RuhW7q0
After watching one of the three videos,make one post regarding something you learned from the video ?
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