This is not hard to understand. Wages for working class white males peaked in 1968, forty-eight years ago. Coincidentally, I was born 1968. I am not young. For their entire working lives, conditions for working class males have been getting worse. “Free trade” has not worked for them. China joined the WTO in 2000. So, for damn near 48 years, poor whites …
It’s Our Money with Ellen Brown – Can Inequality Drive Systemic Change? – 01.06.16
After finally realizing that our economic system is designed to keep us away from the fruits of our labors, citizens will hopefully rise up and start working to manifest the sort of sustainable changes that are truly possible if we work together. Ellen speaks with noted author and co-Founder of the Labor Institute, Les Leopold, about how the market mechanics of inequality have succeeded over the past 40 years and what we can do collectively to bring about real change. She also discusses her latest article about the looming crisis that could be triggered by the new practice of bailing-in depositor money to save failing banks. And Matt Stannard delivers some words about money from the mouths of historical figures.