Inequality for All by Robert Reich

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Inequality for All by Robert Reich

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Film Synopsis: A passionate argument on behalf of the middle class, INEQUALITY FOR ALL features Robert Reich – professor, best-selling author, and Clinton cabinet member - as he demonstrates how the widening income gap has a devastating impact on the American economy. The film is an intimate portrait of a man whose lifelong goal remains protecting those who are unable to protect themselves. Through his singular perspective, Reich explains how the massive consolidation of wealth by a precious few threatens the viability of the American workforce and the foundation of democracy itself. In this INCONVENIENT TRUTH for the economy, Reich uses humor and a wide array of facts to explain how the issue of economic inequality affects each and every one of us. The film premiered at the 2013 Sundance Film Festival and was picked up for distribution by The Weinstein Company – RADiUS. WATCH THE FILM AT YOUTUBE:(You can find variety at youtube of "INEQUALITY FOR ALL" watch only the one specific from Robert Reich. Heres a good example to watch. https://www.youtube.com/watch?v=ImXjgdIVsWE ANSWER ALL THE QUESTIONS BELOW: 1. Explains how the massive consolidation of wealth by a precious few threatens the viability of the American workforce and the foundation of democracy itself. 2.Illustrate what is the lesson in the movie? 3.Demonstrates how the widening income gap has a devastating impact on the American economy? 4. Why Reich lifelong goal remains protecting those who are unable to protect themselves? 5.Why Reich uses humor and a wide array of facts to explain how the issue of economic inequality affects each and every one of us.

CONTENT:
Student’s NameInstructor’s NameCourse DateMovie Review: Inequality for All by Robert ReichQuestion 1The one percent of the Americans has deep pocketed the wealth leaving the other percentage working hard for the rest. The inequality gap can be reduced by increasing the minimum wage of workers. Reich illustrates what the minimum wage per hour should be. He stipulates that if we took the wage of year 1968 and kept it constant adjacent for inflation, then it would be 10.50 dollars per hour. If adjusted to productivity then it would be close to 15 dollars. This is a much higher figure to the present minimum wage of 7.25 dollars per hour. A precious few, however, get to enjoy the advantage of having economic power through the carry-interest loophole that allows private equity managers to treat their income as capital gains and, therefore, qualify for a much lower level of taxation even without undergoing a risk or investing their own penny. This causes the treasury about 12-15 billion dollars per year money, which could be used to expand extended unemployment insurance for the long-term unemployed persons with no income at all. An increase in the minimum wage to 10.10 per hour would raise many people out poverty. There is a threat on the economy and democracy due to lack of union representation for workers, political interference and the American companies becoming global companies, doing most of their sales abroad. This leaves the average worker without the structure around him to advance for better jobs, better working conditions and job security. Question 2The movie aims at explaining in depth, the widening inequality in wealth, income, and distribution of resources and how this inequality affects every individual. People get to understand when inequality becomes intolerable. They are educated on the causes of inequality in order to have intelligent discussions on the issue and come up with proper solutions. Reich shares his ideas on how this problem can be controlled through a political movement of shared prosperi...
 

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