superrich
The Truth About The Economy In 2 Minutes [New]
Robert Reich shows that it’s not that hard to talk about economics from a progressive point of view. He’s done a few of these that make seemingly complicated topics entirely understandable – they deserve wide dissemination (and can be found on his site).
This is one of the most straightforward and clearest explanations of wage stagnation I’ve seen, which is essential in understanding how we got to where we are. He did miss one important dot – when the superwealthy have all the money, and their political power dismantles regulation, it leads to massive increases in speculation, and the inevitable economic crash (and bailouts, which follow from the imbalance in political power).
