by Robert Reich [View all]

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'My optimism that we're reaching a tipping point on inequality, and that within the next few years Washington will respond with bold policies, was reinforced a few days ago when the CEO of one of the largest firms in America came to my office at Berkeley to talk about the issue. When I asked him why he was concerned, he said, simply, "We want our customers to be able to afford our products. But if almost all the income and wealth flow to the top, we won't have the customer base we need. So we have to reverse this trend."'