This segment originally aired on an August 2014 edition of Ring of Fire TV.
The Occupy Wall Street movement didn’t erupt out of a sudden dislike and distrust of Wall Street bankers. Sociologists had been predicting a massive public backlash for a long time due to the rising inequality between the haves and the have nots. They’ve even developed formulas that show when inequality hits a certain point, public backlash is inevitable. And we could be heading into another era of extreme inequality.
Ring of Fire’s Mike Papantonio and author David DeGraw discuss what’s happening.
David DeGraw is the author of the book The Economics of Revolution. Find out more at DavidDegraw.org.
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