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Category > Essay writing Posted 04 Jul 2017 My Price 10.00

“Inequality for All”

“Inequality for All”
Featuring former Secretary of Labor Robert Reich
Video is available at the following link:
https://oakton.sharestream.net/ssdcms/ip.do?u=deddfd53d541478
I recommend that you copy and paste the url into Mozilla Firefox browser outside of D2L. Mozilla is a
free download. Be sure your pop-up blocker is turned off. You will be prompted to login with your
OCC ID and password.
It is also available via Netflix, or in Oakton’s Media Services, Rm 1815, or on campus in any OCC
computer lab via Oakton Vision: https://video.oakton.edu/. Name: __________________________________________
Please BE SURE THAT YOUR ANSWERS ARE LEGIBLE AND COGENT. If I cannot
understand it, points will be lost.
1. Imagine for a moment that we have a magic genie at our disposal. If the
genie snaps his fingers, the economy will expand 25% but 90% of the new
income and wealth will go to the richest 5% of the people in the country; the
remaining 10% of the new income and wealth will be distributed among the
rest of the population. Should he snap his fingers?
a. Yes No b. Why for and/or against? (.5 point)
2. Per Reich, what makes an economy stable? (.25 point)
3. Nick Hanauer (owner of the Pillow business).
a. What is Nick concerned about with regards to increasing
concentration of wealth at the top of society? (NOTE: Be sure to touch
on at least one concern for his own business and one larger concern in
terms of the overall economy.) (1 point) b. Does Nick believe that the top 1% are “job creators”? Yes____ No ____
(.25 point).
c. According to Nick and Reich, what helps ensure a “free market”? (.25
point) 1 d. What is your opinion of Nick’s views with regard to a, b and c? Please
briefly explain. (.5 point) 4. Inequality is widening when the economy is growing and productivity is
up. What are 3 primary causes for the widening gap in income and wealth
according to Reich? For each, briefly describe how they contribute to the
widening gap. (3 points) 5. What were the three ways that middle-class Americans coped with “The
Great Regression” (i.e., the widening income and wealth gap) over the past
three decades? (.5 points) 6. How does growing inequality undermine democracy and the American
value “equal opportunity”? (.5 point) 7. “History is on side of social progress.” What examples does Reich give to
illustrate that we have historically taken steps to reduce inequality when it
threatens American values? Name at least 2 programs or policies. (1 point) 8. Many in society think we are currently in a period of “snap-back” – that
is, that we are taking steps to reduce inequality. What do you think about
this; are we? Why or why not? (Be sure to give at least one concrete example
to support your perspective in your response.) (1 point)
2 9. To deal with widening income and wealth inequality Reich makes
several suggestions, including social, economic and/or political
solutions or policies.
a. Identity 2 of them here (1 point). Be specific; a broad category is not
sufficient. Include a sentence that explains what should be done in
each area you cite. a. What do you think we should focus on? Identify two solutions/policies
& explain why these should be top priorities and how they will
reduce inequality. (2 points) 10. If one were interested, how would they take action to on the issue of
inequality? Reich gives us a website and texting option
(www.inequalityforall.com). Do you plan to text or visit this site? Have
you considered contacting your elected state or federal officials about
this issue, or joining street protests? Why or why not? (.25 points) 3

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Status NEW Posted 04 Jul 2017 12:07 AM My Price 10.00

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