Inequality for All

Former Secretary of Labor Robert Reich does an excellent job of cutting through all the b.s. perpetrated by the media about the economy to present factual information about how the economy has changed. While I have no doubt that those on the radical right will simply dismiss his film with the usual right-wing name calling, and those on the far left will say he doesn't go far enough, Reich really does explain how our economic policies have allowed the wealthiest amongst us to destroy the middle class so a small portion of the nation can amass incredible wealth. What is especially revealing is the factual information showing that vast wealth does not result in reinvestment in America -- it goes into savings and stocks since they can't possibly spend all that money. The film clearly shows, factually, how the reduction in the size and wealth of the middle class is killing our economy. It shows how salaries for the middle class have actually declined (in constant dollars) since the 1980s. It logically explains why and explains the three phenomena that have resulted. While the facts are very depressing, Reich maintains a self-deprecating sense of humor throughout. He'd make a great president, but he's just too short, insightful, analytical, and honest to have a chance.

Great must see documentary. Get rid of all notions of "republican vs. democrat" before you go because it's really all about the economy stupid and those with money who really run the show.

Robert Reich is thoroughly likable and entertaining. Also a very smart, educated man. You can't help but to like him. He is a person for us all. Since when did the MSM abandon smarts and reason (not to mention Congress)?

Highly recommended movie for all walks of life.

Highly entertaining and interesting. Reich is a true leader. And the opposite of a man with "short man syndrome". You will laugh during this movie. You may cry during this movie. And you may feel anger. Go for it!!

Robert Reich's Inequality for All is an accessible primer on the motion of our nation's socioeconomic barometer over the past century. Together with a range of anecdotal human interest stories, he effectively uses statistical data to show how the country's economic health has waxed and waned over the years, who has benefited and who has not, and just how extreme the concentration of wealth has become over the past 30 years.

At the top of the economic mountain, the 400 richest people in the country have recently accrued the same measure of wealth as the poorest 150 million (i.e., nearly half the country). This extreme concentration of wealth endangers our society by making too much money available for risky speculation (e.g., the stock market crash of 1929 and the mortgage-backed derivatives crash of 2008), producing less tax revenue for government operations (because most of the rich's income is taxed at the much lower "capital gains" rate) as well as making government vulnerable to the exclusive interests of the richest people. For an example of the latter, half a century ago there were 26 income tax brackets, reaching up at least into the middle ranks of the upper class, but now there are only 7. Ronald Reagan presided over the elimination of the higher brackets, thereby generating a huge windfall for the richest that has failed to "trickle down" to the rest of us.

Through a series of graphs, Reich shows the correlation between the current, growing concentration of wealth and the rise of global capitalism, the decline of labor unions, tax law manipulation, the off-shoring of capital and jobs, political polarization, and plain old greed. The average CEO in Reagan's day made about 40X the average worker's salary; that factor has now grown to about 400X. Unlike corporate executives, most of us don't get to determine our own level of compensation.

Reich briefly mentions the favorite red herring of conservative media, which is to incessantly attack government as the root of all evil, while never talking about how the actions of members of the private sector upper class are impoverishing the country, nor how impotent government has become in the face of multinational corporatism. I wish he had said more about this, because it is a major point of misunderstanding for many people.

He also never specifically mentions the repeal of the Glass-Steagall Act during the late '90's - an event that paved the way for the crash of 2008. The repeal was driven by the Republican-controlled Congress during Bill Clinton's second term (Clinton had no choice but to sign the bill or else face a Congressional veto override).

But aside from those minor criticisms, overall, this film is a well-organized, fact-based survey of the topic, one that will make many people's jaws drop when they realize how extreme the economic continuum has become, from hyper-rich citizens like hedge fund managers making $4 Billion a year, to working-class parents with children, fighting like hell to keep their heads above water without health insurance nor any prospect for owning a home or saving for retirement.

Another manifestation of inequity is the slow erosion of our public infrastructure - utilities, roads, bridges, schools, transit systems, etc., while U.S. corporations and entrepreneurs hold trillions of dollars of revenue offshore in untaxed accounts. In prior generations, a significant portion of that sequestered capital would have been invested to sustain the "commonwealth." The present extreme inequity is breathtaking, and as Robert Reich infers in his curiously upbeat manner, if we don't change the vector we're on, the prognosis for our society is disturbing.

Of course Robert Reich is mostly preaching to the choir but he also informs and entertains the viewer. Reich is not isolated theory or ivory tower. He served in the administrations of Ford and Carter and was Labor Secretary under Clinton from 1993 to 1997. For me what gives Reich credence is the economic expansion of the 90's- the sustained growth, stronger middle class, low unemployment, low inflation, lower poverty rate and budget surpluses (to name a few) of which Reich was a key driver in economic policy.

This is not a movie for dogmatic right-wingers who will find the facts, um, inconvenient to say the least. They can skip the movie but still write reviews just by calling Reich a bunch of names. For the rest of us, well most of us can see what's happening to the economy but Reich breaks it down in an easy entertaining manner. His story about the first time he met Bubba on a boat to England is pretty funny as well as his jokes about his height. (4'8")

Director Jacob Kornbluth utilizes a cross section of the economy to make his point. Rich investor, middle class upper and lower, and those living day to day and fighting off poverty. Can be a tad dry because this is all pretty much right in front of our collective noses if we care to look. But he needs to make the examples to make the documentary work.

Robert Reich yes might be diminutive in stature, but the knowledge, the energy, the passion, and the inspiration are all sky high.

A very interesting man who lives and fights for his convictions. For me made the documentary worthwhile.

I think Reich and Co. did a nice job of not being heavy handed while presenting some of the bleakest trends we're living through in 2013. Unlike a lot of doom and gloom docs, this vital information was presented with a human touch and actually offered some solutions towards a positive outcome.

There's some whimsy and self-deprecating humor throughout this film as well as Reich makes light of his own stature, but it's also very serious in how it pertains to his seemingly life-long struggle against bullies. And that, folks, is what the vast majority of Americans are up against: ideological bullies and wormtongues at Fox News; and a corporate-owned political system run by lobbyists. Reich presents some specific examples of wealth disparity and even gets a multi-millionaire to agree with his overall sentiment.

Super well done.