16-06 Segment 1: Wage Inequality: Why we have it and how to narrow it

 

Synopsis: It’s campaign season, and we’re hearing from politicians about the wage gap between the top 1% of earners in this country and the rest of us. What is the gap? When did it begin to develop and why? And what can we do to narrow it? Our guests offer their opinions on the subject and some solutions.

Host: Gary Price. Guests: Les Leopold, Director of the Labor Institute in New York, and author of Runaway Inequality: An activist’s guide to economic justice; David Lewin, Neal H. Jacoby Chaired Professor Emeritus in the Anderson School of Management at UCLA, and an expert on executive compensation.

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click here for the transcript