American Samizdat

Monday, April 07, 2008. *

Inequality of income, wealth, and opportunity in America is wider now than it's been since the 1920s, and by some measures since the late 19th century. Yet the nation seems unable or unwilling to do much of anything to reverse these trends. What happens if we allow the trends to continue? Will they "naturally" reverse themselves? Or will we get to a point where disparities are so wide that we finally find the political will to take action? Alternatively, will the disparities themselves grow so wide as to discourage action, by fostering resignation among the losers and indifference among the winners? And if the latter, where will it all lead?

In this video former US secretary of labor Robert Reich gives a thought provoking presentation on the inequality of income, wealth, and opportunity in the United States and asks his audience to speculate on what will happen if these trends continue.

Snap-Back or Snap-break? This is the question...
posted by Uncle $cam at 9:59 AM
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