Channel: Robert Reich

Category: News & Politics

Tags: secretary of laborwealth and poverty class berkeleyrobert reichrobert reich inequality for allincome inequalitywealth inequalityrobert riechrobertreichinequality media

Description: This week we’re looking at a suite of remedies for widening inequality that have all had some effect, but not nearly as much as they were intended to have. So the underlying question I’ll be addressing is why haven’t they been more effective, and what can we learn from them? In particular, the questions I’ll be addressing are: Which of these strategies succeeds best in raising the wages of the bottom half? At what cost? Should we eliminate all specific safety-net programs and move instead to a larger Earned Income Tax Credit? How about a universal basic income? I really am pleased to be able to bring you my Wealth and Poverty course. This is the tenth class in the 14-week series, which I will continue to post every Monday here on YouTube. If you wish, I’ve shared some select readings from the syllabus for you. They’re available at: robertreich.substack.com/p/wealth-and-poverty-week-10 Class Outline ------------------------- 0:00 Current events and prior classes recap 8:20 Introduction 9:40 A brief history of public assistance 38:01 The COVID experiment 48:19 The new social contract 1:07:36 The anatomy of the fight over the minimum wage 1:20:32 The future of public assistance