Democracy Now! June 6, 2012

June 06, 2012 from Democracy Now! via Creative Commons License BY-NC-ND

Wisconsin Governor Scott Walker has survived a historic recall election more than a year after launching a controversial effort to roll back the bargaining rights of the state's public workers. And Joseph Stiglitz talks about "The Price of Inequality: How Today's Divided Society Endangers Our Future," as well as discussing the Occupy movement and arguing that austerity measures in the US and Europe will only weaken economic recovery. Plus headlines, and more.

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In This Video

Economic inequality

Economic inequality is the differences in the distribution of economic assets and income within or between populations or individuals. The term typically refers to inequality among individuals and groups within a society, but can also refer to inequality among countries. The i... Explore this topic

Joseph Stiglitz

Joseph Eugene Stiglitz, ForMemRS, FBA is an American economist and a professor at Columbia University. He is a recipient of the Nobel Memorial Prize in Economic Sciences and the John Bates Clark Medal. He is a former senior vice president and chief economist of the World Bank,... Explore this topic

Poverty in the United States

In November 2012 the U.S. Census Bureau said more than 16% of the population lived in poverty in the United States, including almost 20% of American children, up from 14.3% in 2009 and to its highest level since 1993. In 2008, 13.2% Americans lived in poverty. In 2011, Extreme... Explore this topic

Occupy movement

The "Occupy" protests are an ongoing series of international protests which began in mid-September 2011 and are primarily against social and economic inequality, corporate greed and influence of corporate money and lobbyists on government. The protests take their name from the... Explore this topic

Walton family

The Walton Family is the richest family in the world, their wealth inherited from Bud and Sam Walton, founders of the world's largest retailer, Wal-Mart. The five most prominent members have consistently been in the top ten of the Forbes 400 since 2001, although Helen dropped ... Explore this topic

Bain Capital

Bain Capital is an American alternative asset management and financial services company based in Boston, Massachusetts. It specializes in private equity, venture capital, credit and public market investments. Bain invests across a broad range of industry sectors and geographic... Explore this topic

Occupy Wall Street

Occupy Wall Street was the name given to a protest movement that began on September 17, 2011, in Zuccotti Park, located in New York City's Wall Street financial district. The Canadian group and magazine Adbusters initiated the call for protest with assistance from the Manhatta... Explore this topic

We are the 99%

We are the 99% is a political slogan widely used by the Occupy movement. It was originally the name of a Tumblr blog page launched in late August 2011 by a 28-year-old New York activist going by the name of "Chris". It is a variation on the phrase "We The 99%" from an August 2... Explore this topic

United States

The United States of America, commonly called the United States, or America, is a federal republic consisting of fifty states and a federal district. The country is situated mostly in central North America, where its forty-eight contiguous states and Washington, D.C., the capi... Explore this topic

Democracy Now!

Democracy Now! is a United States daily progressive, nonprofit, independently syndicated program of news, analysis, and opinion, aired by more than 1000 radio, television, satellite and cable TV networks in North America. The award-winning one hour War and Peace Report is host... Explore this topic

Also See

Wisconsin gubernatorial recall election, 2012

Scott Walker (politician)

Joseph Stiglitz