It is not difficult to see that income inequality in America has risen to historic highs (check out this Wikipedia article). According to Robert Reich in the acclaimed documentary Inequality for All, this not only lowers the financial well-being of American families, but also undermines democracy itself.
At what point does inequality become harmful to a society, and in which ways? Should we be concerned with inequality for humanitarian reasons, or because it hurts the economy as well? What are some causes of this phenomenon and some possible solutions?
Want some quick info on inequality? Watch this short video!