income inequality

Talk of economic mobility and the wealth gap is hardly new. From the Occupy movement to President Obama's re-election campaign, income inequality has been in the spotlight for years.

Even so, the "inclusive capitalism" conference in London on Tuesday broke new ground. Not because of the conversation, but because of the people having it.

The 250 people from around the world invited to attend this one-day conference do not represent "the 99 percent," or even the 1 percent. It's more like a tiny fraction of the 1 percent.



From NPR News, this is ALL THINGS CONSIDERED. I'm Robert Siegel.


And I'm Melissa Block. President Obama is taking another step to raise the wages of workers and he plans to do it without getting Congress involved. The White House says tomorrow Obama will direct the Labor Department to change the rules for businesses on overtime pay. The change could mean that millions of private sector workers currently classified as management could eventually qualify for overtime.