EPI co-founder and board member Robert Reich has a new documentary, open in theaters nationwide today, called Inequality for All. Everyone should go see this important film.
The film explores the growth of economic inequality, and draws heavily on the work that EPI has done over the past 25 years.
In the decades following World War II, workers’ wages by-and-large rose alongside productivity. But since the 1970s, that relationship has broken down. While CEOs and financial executives have seen their pay skyrocket, wages have been flat for ordinary Americans (even those with a college degree) for the past decade. Add to that a minimum wage that has less purchasing power than it did in 1963 and it’s easy to see why Americans are concerned with economic inequality. It’s a challenge that came about thanks to policies set by those with the most economic power, and it’s something that can be fixed.
That’s why earlier this year, we launched inequality.is. The site walks you through how inequality affects you, how it affects the economy, how we created it, and what we can do to fix it. It even features a guest appearance from Robert Reich. (See also this blog post from Elise Gould for more about the site.)
Once you see Inequality for All, come back here for a more in-depth look at how this came about—and what we can do about it:
- A Decade of Flat Wages
- CEO Pay in 2012 Was Extraordinarily High Relative to Typical Workers and Other High Earners
- The Pay of Corporate Executives and Financial Professionals as Evidence of Rents in Top 1 Percent Incomes
- Rising Income Inequality and the Role of Shifting Market-Income Distribution, Tax Burdens, and Tax Rates
- Fix it and forget it: Index the minimum wage to growth in average wages
- Occupy Wall Streeters are right about skewed economic rewards in the United States
- Failure by Design
- Everybody wins, except for most of us