Inequality

Silicon Valley’s Working Class Organizes For its Survival

Silicon Valley’s Wealth Gap, by Michelle Chen in The Nation. The tech hub is becoming completely unaffordable for the service employees who work there.   On Wednesday, scores of cafeteria workers marched outside Intel headquarters and disrupted Silicon Valley with a proletarian manifesto, calling for a union and “a Tech Economy that Works for Everyone.”…

Opening Nationwide on Jan. 29: Requiem for the American Dream – Noam Chomsky and the Principles of Concentration of Wealth & Power

Early screenings and the festival circuit have yielded exceptional reviews for the new film, Requiem for the American Dream – Noam Chomsky and the Principles of Concentration of Wealth & Power, which opens nationwide on Friday January 29, 2016. Find much more information at the filmmakers website.

REQUIEM FOR THE AMERICAN DREAM – OFFICIAL THEATRICAL TRAILER from PF Pictures on Vimeo.

Billionaire Bonanza: The Forbes 400 and the Rest of US – Institute for Policy Studies Report

via the Institute for Policy Studies: Billionaire Bonanza: The Forbes 400 and the Rest of Us Wealthiest 20 people own more wealth than half the American population   December 1, 2015 By Chuck Collins and Josh Hoxie This report exposes the extreme wealth concentrated within the fortunes of the 400 wealthiest Americans and compares this…

Joseph Stiglitz – The Great Divide: Unequal Societies And What We Can Do About Them

Joseph Stiglitz at the World Bank, April 24, 2015.

From the World Bank Live website:
“How has America become the most unequal advanced country in the world, and what can we do about it? In The Great Divide, Stiglitz, argues that inequality is a choice—the cumulative result of unjust policies and misguided priorities. From Reagan-era policies to the Great Recession, Stiglitz delves into the irresponsible policies—deregulation, tax cuts, and tax breaks for the 1 percent—that are turning the American dream into an ever more unachievable myth.

Drawing lessons from Scandinavia, Singapore, and Japan, he urges to embrace real solutions: increasing taxes on corporations and the wealthy; offering more help to the children of the poor; investing in education, science, and infrastructure; helping out homeowners instead of banks; and, most importantly, doing more to restore the economy to full employment. His is a call to confront America’s economic inequality as the political and moral issue that it is. If we reinvest in people and pursue the other policies that he describes, America can live up to the shared dream of a more prosperous, more equal society.”