Wednesday, November 11, 2015

The Michelangelo Signorile Show on SiriusXM PROGRESS ch.127

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.  

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