if (this.auth.status === "not_authorized") { They lost their house when Robert was made redundant from his job as a manager at the now defunct electrical retailer Circuit City. It is almost as if Reichs physical structure resulting from Fairbanks Syndrome, and his vulnerability to bullying, preconditioned his critical awareness of social structures of inequality. Each documentary is viewed at least four times before a written review is published. "Just let me finish, Eric. "He has never cashed in," says Kornbluth. There is a deep desire to change the power structure.. Click here to view video. The middle class is the centre of the economic universeand in case you miss this point, the film graphically emphasizes it: The last point above leads to the films most important message, about solutions: wherever one finds prosperity in the developed world, one will find massive investments in the middle class and the poor (in Hanauers words). The only way to grow the economy in a way that benefits the bottom 90 percent is to change the structure of the economy. more than 23% of total income. There's nowhere else left to go. Let's pass it on to somebody else. And nobody was telling it. 30. They may not be familiar with the theory of income inequality but they haven't been able to avoid noticing that they've got less money in their pockets. had started to increase. $j("#generalRegPrompt").hide(); "Where America leads, sadly the rest of the world follows. It showed. We believe businesses need to focus on closing the equality gap with the same energy put into creating new products and markets. Inequality, in all its forms gender, LGBTQ, racial, or otherwise is an issue that every company must address for its own benefit and to create a better world. Fairness means everyone gets what they need.. One of the key moments for Reich was the underinvestment in education, particularly higher education in the 70s. for income concentration, both of them in which the top 1%. $j("#connectPrompt").show(); (This documentary review forms part of the political economy series on Zero Anthropology. WebThe most recently available Census statistics show that income inequality in America, as of 2018, is at its most extreme point in half a century. Reichs solutions are not difficult to apprehend: increase wages, reduce costs of higher education, regulate the housing and financial markets, and keep the corporate oligarchy out of electoral politics. He asks: Were companies suddenly that much more profitable? No, instead, one of the big reasons corporations were showing higher profits is, they were keeping pay down. 1. And government is bad. Welcome back. Sometimes black people really want to hold onto our oppression - 'This is ours! At any rate, Reich is a former Secretary of Labor and a top professor at one of the US top-ranked universities, and it would therefore be right for us to expect a lot better from him. An archive clip of him on CNN from 1991 looking fresh-faced and bushy-haired shows that he has literally been saying the same thing for decades upon decades. We now have a perfect knot: the producers of wealth in the first place should be given the wealth to sustain wealth. Can its star, economist Robert Reich, do for economics what Al Gore did for the environment? Explore our collection of motivational and famous quotes by authors you know and love. There is just a human race scientifically, anthropologically. He was one of the initial investors in Amazon, a business of which he's "incredibly proud", but he points out that on revenues in the last three months of 2012 of $21bn (13bn), Amazon employs just 65,600 people. Reichs focus of concern is the middle class. These are some of the main questions addressed in Inequality for All (2013), a documentary by Robert Reich, the former Secretary of Labour in the Bill Clinton administration (see the website for the documentary, and its resources page). "And before that," says Reich with impeccable comic timing, "I was a special agent for Abraham Lincoln." Id be stupid not to be on my own side.. We are living through tumultuous times. WebAs long as poverty, injustice and gross inequality persist in our world, none of us can truly rest. WebDiscover and share Inequality For All Quotes. Inequality for All sits in the same group as other documentaries that were recently reviewed here, including The China Hustle and Inside Job (with more to come on related themes). Reich explains that there is a strong correlation between political polarization and widening economic inequality. Look at the figures.". and, Reich contests that this is not just a threat to the economy, but also to democracy. WebDiscover and share Inequality For All Quotes. The only way to grow the economy in a way that benefits the bottom 90 percent is to change the structure of the economy. Web502 words 2 page (s) Inequality for All is an eye-opening peek behind the curtain of economic disparities. Maya Angelou. When the middle classes (in its American sense of the 25% above and below the median wage) have so little of the economic pie that it affects not just their lives but the economy as a whole. Reich explains: Somebody earning $10 million a year doesnt spend $10 million. The richest 400 people in the United States have more wealth than the bottom 50 million of us. Hanauer himself states in the film, speaking of the profits he makes on investments: most of the return thats being created isnt creating any kind of social utility. This documentary should be played for school children as early as eight grade. A society can be vastly unequal, but is so damned wealthy overall that even those in the bottommost class still enjoy a higher standard of living than people in other societies, even those of a higher class in other societies. But you get manufacturing plants back, and theyre filled with robots and computers. As Reich explains, consumer spending is 70% of the United States economy. I've always tried to relate economics to where people live. Maya Angelou. It's not exactly Skyfall. And his mother, who didn't work because she was raising three children, died when he was 18. It's always seventy-thirty, or sixty-forty. This is the way to give my children a chance -. And it decides who benefits from those rules, and who is harmed. Related Topics. This is, so far as in my power, they, and all others, shall have. Gender equality is critical to the development and peace of every nation.. At the least, this requires stronger unions and a higher minimum wage. Reich charts the three decades of increasing median income after the second world war, a period he calls "the great prosperity" and then examines what happened in the late 1970s to put an end to it. The best way to maximize the growth in the total labour force is precisely by illegal methods, meaning that the movement is: (a) unregulated by the state, and thus not subject to political debate and legislation; (b) is unrestricted in volume; and, (c) is a situation where undocumented workers cannot avail themselves of rights under labour laws, thus rather than offshoring production to where workers are super-exploited, what we have is the onshoring of super-exploitable workers. "If it was a mom and pop retailer, it would be 600,000 people, or 800,000 or a million.". - Kofi Annan. However, whereas Trump mostly prioritizes capitalists as the agents of growth, Reich instead focuses on labour. 143. But in practice such a society could not long remain stable. One of the 1%. Any synopsis of the film runs the risk of making it seem dry again, but essentially it describes how the middle classes have come to have a smaller and smaller portion of the economic pie. And before that I was a member of the Carter administration. In London and the south-east, one in eight households has almost 1m of assets. is taking home. We knew that inequality. Because this isn't just an American problem. This is the 50th anniversary, of course, of the 1963 March on Washington, as well. America could not succeed, said Obama, "when a shrinking few do very well and a growing many barely make it". WebInequality For All Quotes & Sayings . Its equality of opportunity. Best Inequality Quotes Inequality is the root of social evil. ~ Pope Francis The worst form of inequality is to try to make unequal things equal. ~ Aristotle No society can surely be flourishing and happy, of which the far greater part of the members are poor and miserable. ~ Adam Smith He doesn't sit on boards. 3. I craved it. As Reich explains, from the late 1970s several key developments unfolded: The major underlying issue here, Reich asserts, was two interrelated things: globalization and technology. None. His first job was working for Bobby Kennedy. is taking home. Inequality-For-All is a documentary made by Professor Reich to enable us to understand in a very clear cut manner, the issues facing us today, the widening gap of inequality, why it is happening and what can we do to reverse it. The only way to grow the economy in a way that benefits the bottom 90 percent is to change the structure of the economy. On the one hand, this is a film that could be useful for undergraduate courses in political economy, globalization, and contemporary American sociology; also, even five years after its release it remains timely and relevantespecially as the basic problems of 2008 have not been resolved, and in some respects have worsened. At the least, this requires stronger unions and a higher minimum wage. In the film, he tells how he made strategic alliances with older boys who could protect him. 30 Love the Lord your God with all your heart and with all your soul and with all your mind and with all your strength.. Strikingly, Reich also has a make America great again message in his film, and his great America lies largely within the exact same time frame of Trumps reference to the past. Ones position in relation to the means of production, whether one owns capital, or one only has labour power to rent out, appears to be too Marxist a way of organizing information for Reich. Leaving that aside, the key question is: Is Reich wrong? } Film Review by Frederic and Mary Ann Brussat The income inequality gap between the haves and the have-nots has grown into an abyss. Fairness means everyone gets what they need.. WebDon Yaeger. (Donald Trump himself makes a brief appearance in this film, reminding us of how the media built recognition of his name brand: he was the go-to billionaire ready for media commentary on business issues.). Later in bed, she'll pray and think: the world's this way, that's all there is -. Reich begins by pointing out that. It's always seventy-thirty, or sixty-forty. However, the mildly good comedy comes in with Senator Marco Rubio, who apparently considered talk of income inequality to be expressive of a class warfare doctrine one might typically find in a Third world countryand here Jon Stewart jumped in, in a clip shown in Reichs film, to show how the US ranked globally in terms of inequality. It tries to politely prod its viewers into looking at the world differently rather than beating them around the head with a heavy wooden bat marked "polemic". Borrowing to finance spendingresulting in increased household debt. 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