EPISODE · Dec 9, 2024 · 57 MIN
Robert Reich predicted the death of the US middle class 30 years ago. We asked him how to save it.
from The Real News Podcast · host The Real News Network
30 years ago, in 1994, then-US Labor Secretary Robert Reich issued a prescient warning to all Americans: “We are on the way to becoming a two-tiered society.” Reich also predicted that, as wealth inequality continued to explode in the US, working people would be consumed by righteous populist rage that could be easily manipulated; the rise of Donald Trump and the MAGA movement decades later proved Reich to be devastatingly right. In this special livestreamed edition of Inequality Watch, Taya Graham and Stephen Janis continue their deep dive into the history and political repercussions of our historic wealth imbalance by talking to Robert Reich himself. In this wide-ranging discussion, the former Labor Secretary explains how wealthy oligarchs have bought off our democracy, profited from dividing us, and smothered serious efforts to mitigate the climate crisis as well as popular progressive policies like universal healthcare and affordable housing.Production: Stephen Janis, Taya GrahamStudio Production: David Hebden, Cameron GranadinoWritten by: Stephen JanisHelp us continue producing radically independent news and in-depth analysis by following us and becoming a monthly sustainer.Sign up for our newsletterLike us on FacebookFollow us on TwitterDonate to support this podcastHelp us continue producing radically independent news and in-depth analysis by following us and becoming a monthly sustainer.Follow us on:Bluesky: @therealnews.comFacebook: The Real News NetworkTwitter: @TheRealNewsYouTube: @therealnewsInstagram: @therealnewsnetworkBecome a member and join the Supporters Club for The Real News Podcast today!
What this episode covers
30 years ago, in 1994, then-US Labor Secretary Robert Reich issued a prescient warning to all Americans: “We are on the way to becoming a two-tiered society.” Reich also predicted that, as wealth inequality continued to explode in the US, working people would be consumed by righteous populist rage that could be easily manipulated; the rise of Donald Trump and the MAGA movement decades later proved Reich to be devastatingly right. In this special livestreamed edition of Inequality Watch, Taya Graham and Stephen Janis continue their deep dive into the history and political repercussions of our historic wealth imbalance by talking to Robert Reich himself. In this wide-ranging discussion, the former Labor Secretary explains how wealthy oligarchs have bought off our democracy, profited from dividing us, and smothered serious efforts to mitigate the climate crisis as well as popular progressive policies like universal healthcare and affordable housing.Production: Stephen Janis, Taya GrahamStudio Production: David Hebden, Cameron GranadinoWritten by: Stephen JanisHelp us continue producing radically independent news and in-depth analysis by following us and becoming a monthly sustainer.Sign up for our newsletterLike us on FacebookFollow us on TwitterDonate to support this podcastHelp us continue producing radically independent news and in-depth analysis by following us and becoming a monthly sustainer.Follow us on:Bluesky: @therealnews.comFacebook: The Real News NetworkTwitter: @TheRealNewsYouTube: @therealnewsInstagram: @therealnewsnetworkBecome a member and join the Supporters Club for The Real News Podcast today!
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Robert Reich predicted the death of the US middle class 30 years ago. We asked him how to save it.
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