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Robert Reich delivers lecture on greed while earning $240K for one class

Posted on 8/7/14 at 7:39 am
Posted by Quidam65
Q Continuum
Member since Jun 2010
19311 posts
Posted on 8/7/14 at 7:39 am
LINK

Reich says to all you little people out there.
This post was edited on 8/7/14 at 7:40 am
Posted by Revelator
Member since Nov 2008
58194 posts
Posted on 8/7/14 at 7:47 am to
Libs are the worse hypocrites but all politicians or former ones view themselves as exempt from the standards they want implemented on us.
Posted by Godfather1
What WAS St George, Louisiana
Member since Oct 2006
79957 posts
Posted on 8/7/14 at 7:50 am to
quote:

Robert Reich delivers lecture on greed while earning $240K for one class


Well, if you're gonna lecture on something, might as well have some firsthand knowledge of your subject.
Posted by Clete Purcel
Jennings, LA
Member since Oct 2013
145 posts
Posted on 8/7/14 at 9:47 am to
It's always remarkable to me how people can be so hypocritical and not see it. Surely Reich is a smart guy. How does he rationalize this?

I'm all for the free market and if $240k for teaching one class is the 'market rate,' great, but as the article stated:

quote:

But a professor who earns a one-percenter's income for a relatively easy workload has a tough time complaining about how unfair the economy is


Indeed.
Posted by Dale Murphy
God's Country
Member since Feb 2005
24479 posts
Posted on 8/7/14 at 10:18 am to
Same way I feel about Dave Ramsey.
"Save all the money you can!!!!


But only after spending $200 for my program."

Posted by Capital Cajun
Over Yonder
Member since Aug 2007
5528 posts
Posted on 8/7/14 at 10:50 am to
Don't do as I do, do as I say do.
Posted by Zach
Gizmonic Institute
Member since May 2005
112619 posts
Posted on 8/7/14 at 11:49 am to
Well, in all fairness, if I were only 4 feet tall I'd be obsessed with life's inequalities.
Posted by roygu
Member since Jan 2004
11718 posts
Posted on 8/7/14 at 11:56 am to
Like Robert Redford sueing NY State over attempt to collect taxes on the sell of his network.

Posted by Strophie
Member since Apr 2014
438 posts
Posted on 8/7/14 at 12:17 pm to
So what's the solution to this issue then? I don't say that sarcastically; honestly, what should be done?

If your answer is to say that wealth inequality isn't an issue, I guess we'd be an impasse. But I personally believe that Reich, et al, have shown a pretty strong correlation between wealth inequality and major economic issues, both qualitatively and quantitatively, though I personally believe it will be much more of an issue going forward than it is now. I found Reich’s documentary on the subject to be pretty compelling, although parts of it were a little too heavy handed.

Moreover, there seems to be a pretty strong cultural divide happening, with both sides becoming more rhetorical and divisive. I hate that the issue can’t be discussed without those on the right having a knee-jerk “JEALOUSY! CLASS WARFARE!” response, and those on the left having a “CORPORATE INTERESTS! 1% GREED!” response. It’s dumb.

Regardless, I’m not sure what the end result should be, but I do see it becoming more of a problem for a multitude of reasons. I agree to an extent that Reich’s personal wealth/earnings can certainly elicit a smirk when held up next to his message. But this same “oh yeah, well look at what he makes” argument is made whenever anybody with money argues for more progressive economic reforms. It was also used when Buffet talked about tax rates, etc. But to me, it’s a bit of an ad hominem. Sure, it’s hypocritical. But that doesn't detract from the message itself.

Anyways, I’m not proposing any solutions or anything here, just rambling and musing a bit.

**Edited to make it clear that I see this more of a forward looking issue than a current issue.
This post was edited on 8/7/14 at 3:40 pm
Posted by Porky
Member since Aug 2008
19103 posts
Posted on 8/7/14 at 2:12 pm to
Someone at UC-Berkeley thought he deserved it. I can't blame him for taking the money. My question is this: Who negotiated the deal? It's a sweet one IMO.
Posted by constant cough
Lafayette
Member since Jun 2007
44788 posts
Posted on 8/7/14 at 2:54 pm to
quote:

Robert Reich delivers lecture on greed while earning $240K for one class



Democrats Thy Name Is Hypocrite.
Posted by SpidermanTUba
my house
Member since May 2004
36128 posts
Posted on 8/8/14 at 6:10 am to
quote:

Robert Reich delivers lecture on greed while earning $240K for one class


So... does just making a lot of money make you greedy - or not? I wish the right would make up their minds on this one.

This post was edited on 8/8/14 at 6:11 am
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