Inequality for All

Inequality for All

Inequality for All, directed by Jacob Kornbluth, follows political economist Robert Reich as he breaks down the fiscal gap between the working class and the so-called “1%” of wealthy Americans. Using a suspension bridge analogy, Reich explains the inequality in America by comparing today’s working wages and the previous century’s. He finds that inequality was at an all time high during the period before the Great Depression and in 2007 before the stock market crashed. Both tragedies in the American economic history have created a wider gap between the average middle class person and wealthier people like CEOs of major corporations, entrepreneurs, and lawyers. According to Reich, the 1% have taken money for themselves further damaging the economy by taking away from the working class. He makes it clear that the middle class carries the economy through the consumption of products, which in turn pumps money back into the economy. Movements such as Occupy Wall Street have undergone strikes to spread the knowledge of the high inequality in America between the 1% and the working class. Reich argues that the majority of the 1% do not pump their money back into the economy. Because most wealthy people aren’t frivolous with their spending, the majority of their earnings sit in a bank accumulating interest, which creates the imbalance in the economy. He also discusses the higher taxation of the 1%. Reich opposes this because of their ability to create companies that will in turn employ people and create jobs. With tax reductions, the wealthy are able to do this and aid the economy.

 

Reich convinces in both his delivery and his sleek graphs and great cinematography. Although several shots were of Reich’s classroom at UC Berkeley, Kornbluth was able to bypass the classroom feel and keep the audience engaged through various interviews and interesting facts. The audience chuckled several times throughout the movie at Reich’s realness self-deprecating humor.  Reich was able to successfully convey the concept of the movie which promoted awareness of the gap between the 1% and the working class and the depiction of American capitalism.