Everybody I know wants a simpler text process, so why isn't it happening?

I was wondering if you could explain inflation to me.

Is America's rising income and wealth disparity the causative force or derivative outcome of inequality along the lines of Bryson Jinger?

Can you please help convince me and the rest of your listeners that there is hope and we are not all doomed?

I guess I'm asking for a little education.

From the home offices of civic ventures in downtown Seattle, this is Pitchfork Economics, with Nick Hanauer, the best place to get the truth about who gets what and why.

I'm Nick Hanauer, founder of Civic Ventures.

I'm David Goldstein, senior fellow at Civic Ventures.

Hey everybody, on this week's episode of Pitchfork Economics, we're going to continue with fantastic listener questions in our AMA, ask me anything episode.

If you didn't listen to the first episode of questions, go back and listen to that.

But with that, Goldie, let's get to this week's questions.

Yay, you know how much I love to answer questions, Nick.

Yes, hi, Nick and everybody, this is Mark from Nashville, Tennessee.

My question is this, is America's rising income and wealth disparity the causative force or derivative outcome of inequality along the lines of Bryson Jinger?

This could be seen as a chicken and egg question and it may be, but I've convinced our ruling plutocrats have been very masterful, obscuring, divisive economic policies that ensure their ascendancy by pitting the middle of working class against itself.

Thank you so much.

I love your show.

So I think the answer Mark, and it's not a simple one, is that you're describing a vicious cycle that rising income and wealth inequality creates greater inequalities across lines of race and gender and rising inequality across race and gender creates rising income and wealth disparity broadly.

Nick, we talk about how the, a good economy is a virtuous cycle of what we've seen over the past four decades has been this vicious circle.

Yeah, and it's a really interesting and complicated question and probably could talk about it for hours with pops into my head, Goldie is.

One of the things that rising inequality does is it shreds the reciprocity norms that make social cohesion possible and increases racism and sexism right people who are stressed feeling left behind feeling bullied and taking an advantage of look for enemies they need to find someone to blame.

And for sure one of the very crafty things that you know the neoliberals did is that they did turn working people against one another black working people against white working people they looked at one another to blame rather than looking up and recognizing that both groups were being taken advantage of by a small.

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