Episode 49 – Inequality For All (1:20:27)

Esoteric Entity joins us to discuss the Robert Reich’s “Inequality For All” – a leftist-propaganda puff-piece that caters to the uninformed and lowest common denominator for economic analysis.

Described on Amazon, where it has over a thousand GLOWING reviews as:

A passionate argument on behalf of the middle class, Inequality for All features Robert Reich–professor, best-selling author, and Clinton cabinet member–as he demonstrates how the widening income gap has a devastating impact on the American economy. The film is an intimate portrait of a man whose lifelong goal remains protecting those who are unable to protect themselves. Through his singular perspective, Reich explains how the massive consolidation of wealth by a precious few threatens the viability of the American workforce and the foundation of democracy itself. In this Inconvenient Truth for the economy, Reich uses humor and a wide array of facts to explain how the issue of economic inequality affects each and every one of us.

I’m sure you’ll find that we disagree with this assessment and the Amazon reviews.

You can find Esoteric Entity’s excellent YouTube channel here:

Esoteric Entity YouTube Channel

https://www.youtube.com/channel/UCd4qlr7fHZxUsN2LJK8DLCw

Google Description

In his Wealth and Poverty class at U.C.- Berkeley, former Labor Secretary Robert Reich discusses the grave economic and social consequences that may result if the gulf between rich and poor continues to widen.

Wikipedia Article:  https://en.wikipedia.org/wiki/Inequality_for_All

Here is the website for the movie: http://inequalityforall.com/resources/the-virtuous-cycle/#/

During the episode, we talked about the death of Circuit City and the struggles of the retail industry, and our prognosis for Best Buy’s chances to survive through the next five year. Here is a recent article discussing some factors related to this shift in the brick and mortar retail environment: https://www.bloomberg.com/graphics/2017-retail-debt/

Thank you for joining us on this episode of the Actual Anarchy Podcast!

The Actual Anarchy Podcast is all about Maximum Freedom.

Robert and I analyze popular movies from a Rothbardian/Anarcho-Capitalist perspective. If it’s voluntary, we’re cool with it. If it’s not, then it violated the Non-Aggression Principle and Property Rights – the core tenants of Libertarian Theory – and hence – human freedom.

We use movies as a starting point for people who may not be familiar with this way of thinking. Discussion of the plot and decisions that characters make in relation to morality and violations of the non-aggression principle are our bread and butter.

We also will highlight and discuss any themes or lessons from Austrian Economics that we can glean from the film.

The point is to show what anarchy actually is with instances that are presented in film.

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