Friday, June 13, 2014

When You Get Done Hiding Your Untaxed Wealth Overseas, Check Out Your 2 New Enemies

Is there anything inevitable about staggering income inequality, a $1.2 trillion student loan debt, or a declining minimum wage? Hear these questions dismantled in plain talk by two powerhouses: fearless Sen. Elizabeth Warren and economist and best-selling author Thomas Piketty.





I had no idea what a raw deal working people are getting compared to 50 years ago. (See 3:02 for what's happened to minimum wage over the years.)


A central theme is income disparity, and Warren hits the nail on the head at 6:20 when she talks about why it matters that everyone truly has skin in the game.


Piketty explains that massive inequality isn't just our issue — it's the world's problem. See what he proposes at 9:48.


Warren nails it again at 16:28 talking about "our story." Does it matter if we believe that hard work makes a difference?


They tackle climate change (23:30), propose an awesome solution to student loan debt (28:04), and laud the role of labor unions (37:37).


All this gets summed up starting at 39:40, when Piketty tells us the first step he’d take to solve all these problems. Watch and see if Warren agrees.




This memorable conversation was convened by MoveOn.org, moderated by The Huffington Post's Ryan Grim, and broadcast courtesy of HuffPost Live and the Patriotic Millionaires. Take a peek at Thomas Piketty's best-selling book here or check out this short guide by Vox. You can follow Sen. Elizabeth Warren as she continues to shake up the world of politics. On Twitter, look for @MoveOn and continue the conversation with #WarrenPiketty or #inequality.






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