Saturday, December 20, 2014
The growing gap between the rich and the other 99%
Bill Moyers recently hosted a television interview with Steve Fraser, author of an upcoming book, The Age of Acquiescence: The Life and Death of American Resistance to Organized Wealth and Power, Mr. Fraser suggests that we are in a time similar to that before the great depression, when there was a great gap between the wealthy and working poor. However at that time the workers rose up and rebelled and formed unions. He noted that currently there is not the same kind of resistance to this growing divide.