For most Americans, it has become increasingly
obvious that over the past few decades the gap between the wealthiest and
poorest segments of our population has been widening at an alarming rate. This problem was really brought to the
forefront our national conservation during the height of the Occupy Wall Street Movement and since that time it has become a major issue for politicians on the
campaign trail, especially for candidates like Sen. Bernie Sanders who has
proposed a number of solutions that he feels will address the problem. In his
new book Plutocracy in America: How Increasing Inequality Destroys the Middle Class and Exploits the Poor
historian Ronald P. Formisano
explores how this dramatic rise of income inequality over the past four decades
has transformed America from a land of democratic promise into what he calls,
one of diminished opportunity. Ron is
the William T. Bryan Chair of American History at the University of Kentucky
and he joins me today on the show to talk all about the book and why he feels
the United States is now more of a plutocracy than a democracy.
Wednesday, November 11, 2015
The Michelangelo Signorile Show on SiriusXM PROGRESS ch.127
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