Inequality For All By A Documentary Presented And Narrated...

In â€Å"inequality for all†, a documentary presented and narrated by Robert Reich, Reich discusses what is happening in terms of the distribution of income and wealth in the US, why it is happening, and is it a problem. â€Å"Inequality for all† is directed by Jacob Kornbluth, it premiered in 2013, and it runs for 90 minutes. Reich studied at the University of Oxford in during the late 1960’s, where he befriended future president Bill Clinton. Subsequently, they kept in touch, and in 1993, when Clinton was elected president, he reached out to Reich, to be secretary of labor. Reich was in office for the following four years, and today he is a professor at the University of California, Berkeley. For about three decades now, Reich announced that out of all developed countries, the US has the most unequal distribution of wealth, and that inequality is getting even greater in the US. In the documentary, the most compelling topics covered by Reich, are the changes tha t started happening in the late 1970’s, the fact that 42 percent of Americans born into poverty stay poor, and that nowadays, money controls politics. In 1978, the economy started suffering in the US, because the middle class was getting weaker, and inequality started increasing. According to Reich, the middle class is directly associated with the economy, because 70 percent of the economy is summoned up of consumer spending. The middle class is the foundation of consumer spending. In the late 1970’s and early 1980’s, wagesShow MoreRelatedWhat Does Inequality Mean?888 Words   |  4 Pagesor may not give some special privileges over others. However what does inequality really means to our society? The dictionary define it as the difference in size, degree, circumstances, etc. Sociology define it as the existence of unequal opportunities and rewards for different social positions or statuses within a group or society. May be there is even much more definitions t hat we can give, that perhaps is why inequality is not well known to everyone, even do there is a small percent of knowledgeRead MoreContemporary Issues in Management Accounting211377 Words   |  846 Pagesin certain other countries Published in the United States by Oxford University Press Inc., New York ß Oxford University Press 2006 The moral rights of the author have been asserted Database right Oxford University Press (maker) First published 2006 All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, or transmitted, in any form or by any means, without the prior permission in writing of Oxford University Press, or as expressly permitted by law, or under