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Inequality For All Response

The film examines economic inequality in America by following a family in the bottom 99% and someone in the top 1% to show their vast differences in wealth and taxes paid. It emphasizes Robert Reich and his views on reforming the economy to reduce inequality such as strengthening the middle class, eliminating tax breaks for the wealthy, and reducing lobbyist influence. However, the film does not fully explain how these proposed solutions could realistically be implemented.

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Laron Burrows
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221 views3 pages

Inequality For All Response

The film examines economic inequality in America by following a family in the bottom 99% and someone in the top 1% to show their vast differences in wealth and taxes paid. It emphasizes Robert Reich and his views on reforming the economy to reduce inequality such as strengthening the middle class, eliminating tax breaks for the wealthy, and reducing lobbyist influence. However, the film does not fully explain how these proposed solutions could realistically be implemented.

Uploaded by

Laron Burrows
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Laron Burrows

Response to : Inequality for all


The film was centered on the overarching inequality in the American economy, the film
also served as a platform for former secturary of Labor Robert Reiche to share his views
on what can be done to fix Americas economic inequality.

The film attempts to show both sides of the economic situation in America, as we follow
a person living within the 1% and a family in the bottom 99% of the American economy.
This shows how the director wants the viewer to see the full picture, and get a physical
understanding of drastic differences. We see that the family in the 99%, struggling with
less than $100 in their bank account combined, and paying taxes on up to 33% of their
income. Whereas the 1% boasts about his ability to pay around 11% on income tax while
making more than $10 Mil a year but less than $30Mil a year. How did the divide get so
big and what can we do about it? These are the questions this film attempts to answer.

The film made heavy emphasis on Robert Reiche and his background before we are
introduced to his philosophy of economic reform. This shows the director knows the
importance of ethos in a film like this. We followed Reiches college journey to Oxford,
his legacy as an author, his triumph as the secretary of labor for the B. Clinton
administration and finally his work as a college professor at the University of Berkley. It
was important for the viewer to trust the creditability of Reiche therefore the minutes
spent on his life, I thought was a smart persuasive move.

The film then moved on to answer the question of how we got in this economic sinking
ship. Reiche said that the tax breaks to the wealthy, the labor union demolition by Ronald
Regan, the globalization of the world markets and economy coupled with the increase in
technology opened the gap between the rich and the poor. Also the stagnant wages didnt
help the poor but has allowed for the rich to take home a larger piece of the pie.

There were many proposed solutions to the economic inequality, all lead back to the same
well, the idea that the middle class should be brought up. The film spoke extensively on
the effect of the middle class on the U.S economy, and saw the strong middle class as the
solution to the economic inequality. Because the stronger the middle class, the more they
will spend, and since consumer spending is 70% of the U.S GDP this is an important
sector to bring up. Reiche also said that the tax breaks must be done away with, and the
lobbyist must be stopped from influencing politics because this will not be a democracy
anymore. Simpson also noted that there may soon come a time where you can buy a
President.

I agree that the middle class is important and should be strengthened but the way we get
there is the tough economic predicament. Wages should be increased for the middle class,
but this will decrease the profitability of the company, this decrease will not be good with
investors and the company will lose investments. Also the CEOs will have less pay due
to a higher wage for workers, increasing the CEOs incentive to put money in offshore
banks and keep the wages where they are. The film did a great job of describing the

problem, but when it came to describing the solution to the problem, the film didnt do a
great job of that.

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