Extremely Growing Inequality Destroys Democracy (tags)
When one percent have half of the wealth, mistrust and cynicism drown out public spirit and trust between the generations. A fair tax system means ending tax havens, micro-second trading, stock buybacks and insider trading.
VIDEO: Robert Reich on "Inequality for All" (tags)
The economy is not an immutable unchangeable fate but a human system where changing the rules changes outcomes. Capitalism was often saved from its excesses. As progressive taxes in 1901 reduced the power of the robber barons, restoring Glass Steagle is necessary today.