This week marks both the fifth anniversary of the fiscal meltdown that almost tanked the world economy and the second anniversary of Occupy Wall Street, the movement that sparked heightened public awareness of income inequality. Yet the crisis is worse than ever – in the first three years of the recovery, 95 percent of the economic gains have gone only to the top one percent of Americans. And the share of working people in the U.S. who define themselves as lower class is at its highest level in four decades.
Economic analyst Robert Reich joins Bill this weekend to discuss Inequality for All, a new documentary film opening in theaters across the country next week. Directed by Jacob Kornbluth, the film aims to be a game-changer in our national discussion of income inequality. Reich, who Time magazine called one of the best cabinet secretaries of the 20th century, stars in this dynamic, witty and entertaining new film.
Reich, a professor at the University of California Berkeley, is the author of 13 books, including The Work of Nations, which is available in 22 languages; Aftershock and Supercapitalism, which were best sellers; and his latest, Beyond Outrage: What Has Gone Wrong with Our Economy and our Democracy, and How to Fix It. He appears regularly on television and radio – you can hear him on public radio’s Marketplace – and blogs about politics and economics at RobertReich.org.