This is part 3 of the interview with James K. Galbraith. Previously I posted Inequality and Instability and Inequality and Instability – Part 2.

I will post Part 4 when it becomes available. You may find part 4 before I do if you go to The Real News web page that provides a link to all the pieces of the multipart Inequality and Instability interview.

At the conclusion of this part of the interview we find out why the Democratic party is so ineffective at changing these policies. Even more sadly we find out why the labor unions are not contending for power in the current system.