Gar Alperovitz speaks to Christopher Lydon on Radio Open Source/90.9 WBUR Boston alongside Felicia Wong and Harvey Cox about new economic developments nationwide in the context of presidential candidates and their platforms to deal with growing inequality.
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Today even as the economy is growing the gains are topsy-turvy: in the latest economic expansion (from 2009 to 2012), incomes for the bottom 90% actually sank while the top 10% rose more than 100%.
When FDR first conjured a “new deal” for American workers, amid economic ruin far worse than our own, he was still a candidate. It was June 1932, and he was accepting the nomination of the Democratic Party. His speech was long on specifics: public-works projects, the reduction of tariffs, distress and debt relief — all toward “more equitable opportunity to share in the distribution of national wealth.”
This week with the new economist Gar Alperovitz and Felicia Wong, the head of the Roosevelt Institute, we’re writing an economic platform in search of a 2016 candidate. What would a presidential candidate have to say this summer to win over the discouraged workers, the house-poor, the indebted students, the indigent elderly?