How wealth is passed on through the generations
You may have seen John Oliver use the lottery to demonstrate how income inequality works, but why has it recently become more of a problem? UC Berkeley’s Robert Reich talks about how our recent policies around the estate tax have long term consequences:
We’re on the cusp of the largest inter-generational wealth transfer in history. The “self-made” man or woman, the symbol of American meritocracy, is disappearing. Six of today’s ten wealthiest Americans are heirs to prominent fortunes.
Reich has some ideas for solutions to this issue and you can read about them here.
If you’re unemployed, it’s not because there isn’t any work.
Just look around: A housing shortage, crime, pollution; we need better schools and parks. Whatever our needs, they all require work. And as long as we have unsatisfied needs, there’s work to be done.
So ask yourself, what kind of world has work but no jobs? It’s a world where work is not related to satisfying our needs, a world where work is only related to satisfying the profit needs of business.
This country was not built by the huge corporations or government bureaucracies. It was built by people who work. And, it is working people who should control the work to be done. Yet, as long as employment is tied to somebody else’s profits, the work won’t get done.
Was expecting classist bullshit, got the exact opposite
This is so ubelievably important and I hate that I have to keep re-explaining it to people.
I was ready to be mad and then I was not hah