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Reversing the Second Gilded Age
March 18, 2008 @ 4:45 pm - 6:00 pm
This is a session hosted by The Working Group on Extreme Inequality. It is part of the Take Back America National Conference from March 17-19 in Washington, DC.
A century ago, during America¹s first Gilded Age, our wealthiest 1% percent owned an estimated 44% percent of the nation’s private wealth. That intense concentration of wealth and power corrupted our democratic institutions and fostered an instability that ultimately left us tragically mired in a Great Depression. Now, we’re neck-deep in a second Gilded Age, with America’s richest 1% owning more than 34% percent of the nation’s wealth. This session will discuss bold proposals to reverse extreme inequality and broaden prosperity.
- Barbara Ehrenreich is the author of thirteen books, including the New York Times bestseller Nickel and Dimed. A frequent contributor to The New York Times, Harpers, and The Progressive, she is a contributing writer to Time magazine. She is co-founder of United Professionals, a national non-partisan organization for white collar workers.
- William H. Gates Sr. is a national leader in the effort to preserve the federal estate tax. He is coauthor of Wealth and Our Commonwealth: Why America Should Tax Accumulated Fortunes (Beacon Press). He is a retired attorney and lives in Seattle, WA.
- James Webb (invited) is a U.S. Senator from Virginia. His is a former combat Marine, Secretary of the U.S. Navy and an author of several books. His new book, A Time to Fight: Reclaiming a Fair and Just America, will be published in May.
- Chuck Collins, Moderator, is a senior scholar at the Institute for Policy Studies and coordinator of the Working Group on Extreme Inequality, a broad alliance of religious, business, labor, and other groups that aims to reverse the second Gilded Age. He is the co-author of The Moral Measure of the Economy (Orbis)
You are welcome to attend this session only, or the entire conference. Register today!