In American History. But if youre a find it more closely inequality comes from the extreme wealth in a tiny sector of the population fraction of one percent. There were periods like the gilded age in the twentys the early ninetys and so on when a situation of ill rather similar to this. Now this period 6 trillion because if you look at their Wealth Distribution the inequality mostly comes from super wealth. Literally the top 110th of a percent are just super wealthy. Not only is it extremely unjust in itself. Inequality as really negative consequences on the side is awful. Because the very fact of inequality has a corrosive harmful effect ackerson. You open by talking about the American Dream or the American Dream as clear as mean delivered it will in poor you were card. Ridge it was possible for a worker to get a decent job. In a corps of children to school. To a collapse. Imagine yourself in an outside position looking for mars. What do you see. In the United States where there are p
A very warm welcome to you what a nice and. Safe. And very warm welcome to you youre watching us and. See. During the Great Depression which im old enough to remember there was. During the Great Depression which im old enough to remember there was and most of my family were unemployed working class there wasnt it was bed and most of my family were unemployed working class there wasnt it was bed you know much worse subjectively than today but there was an expectation that things were going to you know much worse objectively than today but there was an expectation that things were going to get better. There was a real sense of hopefulness there isnt today. Better. There was a real sense of hopefulness there isnt today. Anything qualified it only believes it is this is. Really really really unprecedented and pretty depressed im sitting and im sure that total inequality is like the worst periods in American History. Total inequality its like the worst periods of American History. But histo
Really unprecedented im if you look at total inequality its like the worst periods of really unprecedented im if you look at total inequality its like the worst periods of American History. Of. American history. But if youre a find it more closely inequality. But if youre find it more closely the inequality comes from the extreme wealth in a tiny sector of the population comes from the extreme wealth in a tiny sector of the population fraction of one percent. Fraction of one percent. There were periods like the gilded age in the twentys and the early ninetys there were periods like the gilded age in the twentys and the early ninetys. And so on when a situation will rather similar to this. Now this period and so on when a situation developed by the similar to this. Now this period 6 trillion because if you look at their Wealth Distribution to inequality its extreme because if you look at their Wealth Distribution the inequality mostly comes from super wealth. Mostly comes from super wea
Literally the top 110th of a percent are just super wealthy. Not only is it extremely unjust in itself. Inequality has really negative consequences on the so it is awful. Because the very fact of inequality has a corrosive harmful effect on markers and. You opened by talk about the American Dream or the American Dream as clear as mean do it if it werent for you or kurt you get rich it was possible for a worker to get a decent job. Get a core of children to school. To a collapse. Imagine yourself in an outside position looking for mars. What do you see. In the United States when there are professed to like democracy. In a democracy Public Opinion is going to have some influence on policy. And then the government carries out actions determined by the population and thats what democracy means. Its important to understand that privileged and powerful sectors have never liked democracy and for very good reasons. Democracy puts power into the hands of the general population and takes it away
Or remain in the shallowest to join us in the death. Or remain in the shallowest. Do. During the Great Depression which im old enough to remember there was. During the Great Depression which im old enough to remember there was and most of my family were unemployed working class there wasnt it was bed and most of my family were unemployed working class there wasnt it was bed you know much worse subjectively than today but there was an expectation that things were going to get much worse subjectively than today but there was an expectation that things were going to get better. There was a real sense of hopefulness there isnt better. There was a real sense of hopefulness there isnt today. And today. Inequality is really unprecedented im sure that inequality is really unprecedented im sure that total inequality its like the worst periods of American History. Total inequality its like the worst periods of American History. But if youre fine. d but if youre a find it more closely inequality