Essential Pittsburgh
2:23 pm
Fri November 15, 2013

Robert Reich Discusses Wealth Gap & the Film Inequality for All

Robert Reich discusses the problems and possible changes that can be made to create widespread prosperity in America.
Robert Reich discusses the problems and possible changes that can be made to create widespread prosperity in America.
Credit Inequality for All Film / Facebook

The number of Pittsburgh residents living at or below the poverty level has increased nearly 9% since the fall of 2007, according to the Urban Institute

The documentary, Inequality for All, focuses on the fact that one half of all Americans have zero wealth, no savings, no assets that outweigh their debts, no retirement savings or investments.

The film grew out of the economic lectures of former U.S. Secretary of Labor Robert Reich at the University of California at Berkeley.

One message Reich tells his students, and what he hopes viewers of the film take away, are the changes that need to be made in order to have more broad-based prosperity, as we did in the early 20th century. He says this is the most important domestic issue of our time. 

“Inequality for all is bad for everyone. The rich would do better with a smaller share of a rapidly growing economy. Because people have more widespread prosperity, (they) were able to lead better lives than the rich are doing now with a large share of an economy that’s almost dead in the water."

The film, Inequality for All  is showing November 18, 2013 at 6:15 pm in the  McConomy Auditorium on Carnegie Mellon University’s campus.