For many, the whole notion of income and wealthy inequality in their lives is seemingly irrelevant, something that doesn’t affect them. However the glaring reality cannot be further from the truth.
Inequality is fundamentally the most important issue of our time, and sadly the one that we pay the least attention to.
It’s a bit like a cancer with a complicated name that is dangerous and killing us, but is just too difficult to understand – so we just ignore it and hope that it’ll go away.
Luckily the renown American academic, Robert Reich, has made an amazingly enlightening documentary movie about the subject called Inequality For All.
Reich is an American political economist, professor, author, and political commentator. He served in the administrations of Presidents Gerald Ford and Jimmy Carter and was Secretary of Labor under President Bill Clinton from 1993 to 1997.
The documentary takes you through the recent economic policy history of the United States and defines the triggers that essentially caused the 2008 market collapse and the subsequent deflationary status quo in the developed world.
In the end, you’ll be left feeling inspired and hopeful, but also with a realisation that the solutions to the problem lie with the people of the world. The question is what are you going to do about it?
It really is an amazing summary of how the world got to this point and what you can potentially do about it. An important first step though is understanding that the problem exists. And for those without a degree in economics or the patience to read the Thomas Piketty book, it’s a fantastic first step.
Watch the full movie:
Inequality for All via Amazon
Inequality for All via YouTube
I read the Piketty book – Cherryflava
White South Africans are going to have to make some sacrifices – Cherryflava