ForaTV: American Income Inequality Off the Rails

Malcolm Gladwell speaks about income inequality.

The US ranks near the bottom on income equality:

http://www.theatlantic.com/international/archive/2011/09/map-us-ranks-near-bottom-on-income-inequality/245315/
siftbotsays...

Self promoting this video and sending it back into the queue for one more try; last queued Monday, September 19th, 2011 2:35pm PDT - promote requested by original submitter dystopianfuturetoday.

Phreezdrydsays...

I've heard the argument that a rich person thinks they can create far more wealth with those tax dollars themselves than just handing it over to the government, who then of course just hands it out to those the rich would cross the street to avoid.

I think the trickle down part is when the poor get to watch the rich on TV enjoying themselves, so the poor have something to dream about working towards.

NetRunnersays...

I sorta feel like this belongs in the lies channel. Not because Gladwell is lying, but because the lies channel's full title is "One Nation Under Truthiness." That's what Gladwell's really talking about: the way the right has wrapped themselves in a false alternate reality, and have become impervious to facts that contradict their self-serving conception of the world.

Anyways, *quality video.

calmlyintoitsays...

The more I think about it, the more I feel that nearly ALL of our problems come from the fact that the real wages for most people have stagnated or gone down since 1980 while the folks on top have continued to increase their own income. If most of us were paid more, proportionally, tax revenue would not be a problem, nor would double income families be struggling to make ends meet.

I don't know how to legislate a solution. When I lived in Japan I was led to believe that CEO's only made 20 times the average worker because to make more would create resentment and social instability. This was a custom, not a law.

How do we get to a place in the US where most of us realize we all have to pull our own weight, including the fabulously uber-wealthy?

marinarasays...

when businesses are saddled with too much debt, profits go to paying off the debt, and don't go to workers. Ever think of why you have to pay so much money for your cell phone/ internet bill? Because cell phone companies are in debt.

00Scud00says...

It would still be bullshit, other industrialized nations get better service than we do and pay less for it. If our telecos are in such debt it's more likely due to their own mismanagement than anything the consumers did.
Most of the uber-wealthy do think they're pulling their own weight, they think they are some of the hardest working people on the planet. Many of them are also delusional narcissists.
>> ^calmlyintoit:

How do we get to a place in the US where most of us realize we all have to pull our own weight, including the fabulously uber-wealthy?

luxury_piesays...

>> ^hpqp:

Great speaker, and great writer too.
Seriously, who needs more than 2mio$ a year? Geez!!


What are you talking about? With what am I supposed to paint my giraffes on the diamond yacht other than the wonderful green color of mashed dollar bills?
2mio a year do you have ANY idead how long their freaking necks are?

bamdrewsays...

Two million EACH YEAR is a good chunk of money.
Ballparking that, its around $204/hr (245 days a year, 40 hours a week).

The ultrawealthy make soo much more than this, doing nothing but investing and avoiding the taxation others shoulder... its actually pretty scary.

Xaielaosays...

>> ^ForgedReality:

Bullets are inexpensive. The rich are not. VIVA LA REVOLUTION!


Revolution will never happen. Americans en mass have been molded into complacency and largely to stupid to realize it. Beyond that if we did, we wouldn't be able to agree on the goal, especially when a large chunk of Americans have been mindfucked by conservatives to believe the rich deserve to pay less taxes and should keep what they achieved (read: inherited), that income redistribution is BAD (unless it's from the poor/middle class to the rich, which is fantastic) and have been spoon-fed some crazy ass propaganda (socialism is the devil!).

I mean, just googleing 'how does the average republican feel about income inequality' and I get some juicy quotes strait from the horses mouth. Lovely bits like;

"Those screaming to share the wealth are usually the uneducated and lazy. That's a fact."

"I have no interest in stealing from people so that individuals on the lower rung of the ladder don't "feel" as bad because they have less than someone else."

You just have to love how mindfucked these people are and they just don't even realize it.

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