Inequality for All

By Lesley 2022-12-29 20:35:53

The hope is in you.

Robert Reich is really inspirational. He knows about the truth of economical failure and how to cure the failure more than anyone but couldn't enact change, even as a former treasurers. But the guy doesn't lose faith. He relays the message on and inspires the future generations to come. Main takeaway 1) wealth accumulation is problematic because the wealthy could not spend as much as 1000 middle class who own the same amount of wealth, eg you can only sleep on one pillow every night. 2) the...

By Haskell 2022-12-19 08:05:03

The film was shot by Zuo Gou, so what?

The problem mentioned in the film can be summed up as a vicious cycle that liberal capitalism cannot solve by itself: in a globalized environment, if the market is completely free, the increase in the productivity of large enterprises will not benefit industrial workers and local industries in a certain place.
The nature of capital enterprises is profit-seeking. In order to reduce costs and squeeze more profits, it can move factories or even entire industries to other regions, hire...

By Americo 2022-10-30 03:09:47

The following Chinese salons from FB

In "The Age of Inequality" I read today, the issues mentioned in it are actually closely related to Taiwan's socioeconomic status quo. There are at least a few points for reference:

1. In the 1970s, the gap between the rich and the poor in the United States was small. One reason was that the labor unions were powerful and could fight for higher wages on behalf of laborers. Is there a reason why labor unions were suppressed by the government-business alliance in the 22K issue in...

By Hellen 2022-10-23 08:14:24

Conflict is everywhere

       This film is linked to "The Stealing Oneself", which further exposes the domestic social contradictions in the United States. However, income inequality is inevitable in any country, and it is unclear whether China's tax system can guarantee enough fairness.
        Women work, extend working hours, and the loan system. These ways of dealing with the unequal increase in wages and prices are for a better life. The desire for material cannot be eliminated. For me today, savings,...

By Maverick 2022-10-03 01:32:03

Inequality for All

By Clementina 2023-03-23 02:47:30

The economic crisis is related to consumption power. 1% cannot provide more consumption. The middle class is the main body of the market. The rich people save all the money they earn and do not consume it, and how much tax they pay is very important. The highest level of personal income tax, the United States went from 91% to 70%, and when it came to Reagan, it was reduced to 50%. Now it seems to be 37%? The rich are earning more and more, so that the candidates for president are all...

By Karl 2023-03-14 02:44:44

Off topic, every day in Berkeley feels that no matter how small it is, it can change the world....

By Nicholaus 2023-02-13 02:19:20

A documentary about the widening gap between rich and poor in the United States, worth...

By Jacklyn 2022-12-15 13:27:25

2013/09/27 It's like a personal biography, and it's like publicity for an open class. What does it mean to interview a few working families sporadically? It is estimated that taking a class by Robert Reich is more systematic and intuitive than watching this film.

By Darius 2022-12-01 03:03:21

I remember that Chen Zhiwu also wrote some of these points. Every technological innovation of the Industrial Revolution and subsequent globalization has continued to exacerbate the polarization of wealth, and tax policies and financial instruments are essentially a retreat until the middle class has nowhere to go. Either continue to be a screw in the capitalist world, or jump out and do something. Tears at the...