MONDAY MUSINGS:: INEQUALITY FOR ALL

 Last Thursday night I had the opportunity to join a local zoom talking about erasing racism. The economic reference reminded me of a Netflix film I had watched almost a decade ago by Robert Reich's : Inequality for All and the formula 1 Can of Soup =1 Yacht.

Reich, may be a man short in stature but with very big ideas regarding inequality and

his documentary certainly poised a passionate argument for the middle class in "Inequality for All."

Here's one fact listed on this film's site:

A CAN OF SOUP FOR A BLACK OR HISPANIC WOMAN, A MANSION FOR THE BUSINESSMAN

"That’s literally true. For every one dollar of assets owned by the typical single black or Hispanic woman, a member of the Forbes 400 has over forty million dollars.

Minority families once had substantial equity in their homes, but after Wall Street caused the housing crash, median wealth fell 66% for Hispanic households and 53% for black households. Now the average single black or Hispanic woman has about $100 in net worth. "

No matter what political bend you are, we are all in this country together and seeing this flick helps one understand what is going on economically and why.  Do invite your friends to see it/ rewatch it with you.  I never studied economics but it doesn't take an economist to figure out that something has gone terribly wrong in the middle class family's bank account. 

Reich takes us through the semester course he teaches at Stanford University with his standing room lecture hall, packed chock-full of our future generation of leaders, businessmen and community members. I sure hope they were listening all semester so they can help us back on the path to become the best middle class in the world. 

Thumbs up for a very important flick.

Here's a link for the trailer: Inequality for All