We make the rules of the economy – and we have the power to change those rules.
This is a documentary by Robert Reich – more on whom later – about inequality in the United States. Having lived in London for my entire life, that was a little bit outside my general knowledge base, but I can’t say that particularly mattered. One of the best things about this documentary was how accessible it was; I was watching it as part of an Economics class, so obviously that helped, but I do think that this particular documentary is likely to be quite easy to get into even without a background in those sorts of details. It’s a very coherent, very cogent piece – it’s structured around Reich, who’s now a professor of economics, giving explanations of different concepts, and then cutting away to first hand footage and testimonials that are relevant to the idea and further expound upon it. There’s also segments from lectures that Reich gives at the University of California, which are in and of themselves quite informative, as well as being quite well presented – a particularly notable segment breaking down the economics of an iPhone comes to mind.
Inequality for All takes quite a left-wing perspective – understandable, I imagine, given that Reich is a former democrat, and in recent years a vocal supporter of Bernie Sanders. In terms of the general message, the stance is quite clear; Reich feels that inequality is one of the biggest problems facing the US today, and has been trying to deal with it for nearly 30 years now. Some of the facts are quite galling, actually – the US is close to being the most wealth unequal country in the world, for example, with the poorest 47% of Americans having no wealth at all. (You can read more on the film’s website, if you’re interested.) He makes a strong and quite well substantiated case that the concept of “trickle-down economics”, with a focus on the super-rich rather than the working and middle classes, is fundamentally flawed; an interview with one such super-rich individual highlights the fact that, since he mostly saves money and actually spends little, that’s essentially a withdrawal of money from the economy. It’s far better, in a broader sense, to have a flourishing working and middle class, given that they will spend money and thus help the economy to grow.
Having said that, I don’t think that this movie does particularly lambast or deal an unfair hand to more right wing economic views. It’s very clear than Reich disagrees with them, as does the director; an IMDb review cites him as saying “there always doesn’t have to be two sides to a story”, essentially taking the stance that all the facts within the movie are presented accurately, and that’s enough in and of itself. Equally, though, the movie takes time to deal with those it criticises (the aforementioned super-rich), as well as presenting the story of some Republican voters who have been hurt by those right wing economic policies – individuals who remain Republic voters, that is. While I imagine they wouldn’t agree with Reich’s ideology, there’s no sense that they’ve been treated unfairly, or that they’re being criticised. Indeed, you see something of a debate between they and he, with footage of a talk Reich gave in their community.
To an extent, it also doubles as a profile on Robert Reich, who’s a very interesting person himself. As Bill Clinton’s former Secretary of Labour, he’s been involved in politics at a pretty high level for quite a long time; even before that, though, he’d began working for the government during the Carter administration. We get a lot of insight into what drives Reich as a person, and why he does dedicate his life to trying to “fight the bullies, to protect the powerless, to make sure that the people without a voice have a voice”. He presents himself quite well – certainly he looks to be a very good lecturer and teacher – and it’s also abundantly clear he’s got a brilliant sense of humour. Reich is under five foot tall, and there’s plenty of jokes surrounding that; there’s a clip from his inaugural speech when appointed Secretary of Labour, for example, where he opens the speech with something along the lines of “All modesty aside, somehow I always knew I’d be on Bill Clinton’s short list for Secretary of Labour”. He also presented an economics based television programme with a tall Republican friend of his called “The Long and Short of it”. I found it quite funny, in any case, but I’m easily amused.
Ultimately, Inequality for All is one of the most informative, and indeed most engaging, documentaries that I’ve watched in a long time. True, I’m drawing from a limited sample size there, but this is undoubtedly a very good piece of media; I think if you live in America, or you’re interested in politics & economics, this should be required viewing.
Film Review: Money Monster (2016)