In this timely and entertaining documentary, noted economic-policy expert Robert Reich distills the topic of widening income inequality, and addresses the question of what effects this increasing gap has on our economy and our democracy.
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Offers explanations as to why inequality is increasing, but fails to actually critique or call for the dismantling of the capitalist system that creates the inequality. Just doesn't go far enough for me.
One of the silver linings to Bill Clinton's legacy is the hiring of Robert Reich on his administration. He is one of the great Democrat thinkers, who might not be in the same economic league as Thomas Piketty, Joseph Stieglitz and Yanis Varoufakis - but encapsulates the endemic structures that perpetuate inequality (treating GDP growth as its paradox), rather than just illustrating its symptoms.
It clearly illustrates why the United States is a failed experiment. This is the most efficient plutocracy on Earth. Reich, however, does not explain that the next thirty years will be dramatic for the population of this country. Should be watched in conjunction with Wiseman's At Berkeley.
Extremely narrow scope, that is, the causes of gross economic inequality within USA from Mr Reich's worldview. Despite the fact that economic inequality is a terrible trait from an ethical and even economic standpoint, shortening the debate (no pun intended) is dangerous particularly when we are barely scrutinising Capitalism and its horsemen, consumerism et al, ideologies that we have already normalised acritically.