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Scoop.it!
No matter the outcome of their current turmoil, the CEO of Yahoo cannot lose. Why do we keep putting up with these kind of scenarios? 
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Scoop.it!
From
mic
"The establishment... needs to be aware that its days are numbered."
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Because we are already well into the election season, we're going to keep hearing about our economic system, and the wonders and the downfalls of
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Climate champions: Bernie Sanders with endorsement from Bill McKibben
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Robert Reich and Joseph Stiglitz have a lot to talk about when they get together — especially when the topic is income inequality.
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A few weeks ago I was visited in my office by the chairman of one of the country’s biggest high-tech firms who wanted to talk about the causes and consequences of widening inequality and the shrinking middle class, and what to do about it.
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I spent several days in New York last week with students from around the country who were preparing to head into the heartland to help organize Walmart workers for better jobs and wages. (Full familial disclosure: My son Adam is one of the leaders.)
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Mary O'Hara: The US economist is angry at how the post-crash policy is crushing people and recovery
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The U.S. Chamber of Commerce says a minimum wage increase would be a job killer. Republicans and the Chamber also say unions are job killers, workplace safety regulations are job killers, environmental regulations are job killers, and the Affordable Care Act is a job killer. The California Chamber of Commerce even publishes an annual list of “job killers,” including almost any measures that lift wages or protect workers and the environment.
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Under a headline “Obama Moves to the Right in a Partisan War of Words,” The New York Times’ Jackie Calmes notes Democratic operatives have been hitting back hard against the President or any other Democratic politician talking about income inequality, preferring that the Democrats talk about equality of opportunity instead.
Liam Finn's curator insight,
November 14, 2014 5:51 PM
Robert Reich takes a different view in his blog. He states that the reason for equal opportunity fading is due to the class inequality in America. Since recovery from the recession, 95 percent of the gains have gone to the top one percent. This is resulting in a shrinking middle class struggling to revenue enough taxes for their communities. It is getting increasingly difficult for anyone to achieve a higher social status in their lifetime. This is directly resulting in a greater unequal opportunity for those coming from the lower class. The widening inequality is the defining challenge of society today and to achieve equality, there must be more opportunity for those not in the wealthiest ten percent in this country.
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A passionate argument on behalf of the middle class, INEQUALITY FOR ALL features Robert Reich—professor, best-selling author, and Clinton cabinet member—as he demonstrates how the widening income gap has a devastating impact on the American economy. The film is an intimate portrait of a man who's overcome a great deal of personal adversity and whose lifelong goal remains protecting those who are unable to protect themselves. Through his singular perspective, Reich explains how the massive consolidation of wealth by a precious few threatens the viability of the American workforce and the foundation of democracy itself. In this INCONVENIENT TRUTH for the economy, Reich uses humor and a wide array of facts to explain how the issue of economic inequality affects each and every one of us.
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Curated by jean lievens
Economist, specialized in political economy and peer-to-peer dynamics; core member of the P2P Foundation
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