Gar Alperovitz: America's Massive Wealth Disparity

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Uploaded by on Aug 29, 2011

In the United States, the richest 400 people own more collective wealth than the bottom 150 million. As historian and writer Gar Alperovitz puts it, this is quite literally medieval.

America's distribution of wealth is controlled by corporations and the extremely wealthy—if there is to be real social change, this gaping inequality needs to be addressed and radically altered. The people need to take the pain of the laborers affected by politicians such as Governor Scott Walker and unite around this as something to replace with progressive reforms.

In this video by The Nation and On The Earth Productions from this year's Democracy Convention, Alperovitz explains just how urgent the need for a radical redistribution of wealth really is.

For more videos, visit TheNation.com

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  • Read my posts bottom to top so it makes sense.

  • The part about how people died to earn are civil rights and the history of the great depression and its causes need to be brought out and relearned. The younger generations have forgotten or never taught. When I have said such things, people thought I was nuts and no such thing had happened. I had to show proof to them. Most of these being younger people. The comparison to me is striking and I don't wish for my child to fight for rights we should not give away. I tell everybody vote inteligently

  • I had an idea came to my mind while watching your video. I don't know your credentials or anything about you so my idea may not be proper for you. I think your view on the economic crisis is from a point of view that is not politicle in nature. To me it is more of an educational standard. As such I think your view would go over well on a liberal tv show like the Ed Show. I think it would be wonderful as a historian you put out your view. History repeats itself and it is your job to warn us.

  • I agree

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