From Robert Reich – How Wealth Inequality Spiraled Out of Control | Robert Reich

This 12-minute video presentation does a good job on wealth inequality. If you want a more detailed view of how this happened, get my book, THE HEIST: how the rich and corporations stole the American dream. It covers how the rich and corporations have controlled our politics, both Republican and Democratic parties, the changes in laws and regulations that have enabled this tsunami of wealth and income inequality, and the five major structural changes in the economy that made all of this a reality. Monopolization, globalization, decline of unions, growth of the finance sector, and the financialization of the real economy. This last structural change is all about the shift in management attention from the production of goods and services to the extraction of as much money as quickly as possible.