Walter Moss: Nobel-Prize-winning economist Joseph Stiglitz’s The Price of Inequality: How Today’s Divided Society Endangers Our Future (2012) demonstrates how and why our present economy and government are a mess and how they have increased inequality, including widening the opportunity gap.
What: Power to the People Screening Series – All LA Occupy-ers and activists welcome (FREE) When: November 11, 15, 16, & 22 Where: The Last Bookstore (453 So. Spring St, Downtown L.A.) Why: To show support for the 99% protesting in Los Angeles (and across the world) against the inequities in our economic system caused [...]
Joseph Palermo: The financial reform legislation currently winding its way through the Congress is a step in the right direction but it retains too much of the status quo that brought down the economy in the first place. The key problem, as many economists have been telling us, is that the top financial institutions remain “too big to fail.” Congress can enact all the regulations it wishes but even the best written rules won’t be enough to prevent another financial meltdown.