Plot Analysis Summary
The documentary examines widening income inequality, its historical patterns, and the economic and democratic consequences of changes in the United States.
Story Structure — 4 Plot Phases
Making the Economic Case
The documentary introduces widening inequality and frames the film as a continuation of a long public argument. It also connects its economic thesis to a published book and a partly biographical account.
Key Events
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Inequality Documentary Takes Shape — The documentary presents widening income inequality as its central subject.
Location: United States
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A Long Public Argument — The film frames its economic argument as one publicly made over decades.
Location: United States
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Book Provides the Foundation — The film's argument draws on a 2010 book about the next economy and America's future.
Location: United States
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The Final Frontier — Making a film of the economist's viewpoints is described as a final frontier.
Location: United States
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Early Life Enters the Story — The documentary partly presents a biographical account of its narrator's early life.
Location: United States
Evidence Across Eras
Interviews supporting shared prosperity accompany bridge graphs comparing income gaps. The film emphasizes that its cited extremes in 1928 and 2007 preceded economic crashes.
Key Events
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Labor Secretary Years — The biographical strand includes service as Secretary of Labor during the Clinton presidency.
Location: United States
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Business Voices Join Debate — Interviews with two top-one-percent entrepreneurs and investors broaden the discussion.
Location: United States
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Support for Shared Prosperity — The interviewed investors support an economy benefiting middle- and lower-class citizens as well.
Location: United States
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Bridge Graphs Reveal a Pattern — Bridge graphs compare the income gap between ordinary Americans and top earners.
Location: United States
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The 1928 Inequality Peak — The film identifies 1928 as an extreme high point for the income gap.
Location: United States
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The 2007 Inequality Peak — The film identifies 2007 as another extreme high point for the income gap.
Location: United States
The Case for a Virtuous Cycle
The argument distinguishes inequality as a work incentive from inequality that threatens democracy. It describes how wages, taxes, public programs, education, and consumer spending can reinforce one another.
Key Events
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Economic Crashes Follow — Both cited inequality peaks precede economic crashes in the film's comparison.
Location: United States
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Inequality as Incentive — The argument presents some inequality as an incentive for people to work harder.
Location: United States
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Democracy Needs a Limit — The film argues inequality must remain low enough to protect democracy.
Location: United States
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The Virtuous Economic Cycle — Higher wages and taxes are linked to public investment, education, spending, and jobs.
Location: United States
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Earlier Periods of Balance — The film describes the economy as following this cycle during the 1940s and 1970s.
Location: United States
The System's Reversal
The film contrasts earlier periods of a virtuous economic cycle with changes beginning in the late 1970s. It links union-busting, tax cuts, deregulation, and outsourcing with falling average worker pay and rising top-earner income.
Key Events
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Earlier Periods of Balance — The film describes the economy as following this cycle during the 1940s and 1970s.
Location: United States
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A Late-Seventies Shift — The film dates a change in the economic system to the late 1970s.
Location: United States
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Policies Favor Wall Street — Union-busting, tax cuts, deregulation, and outsourcing are linked to higher Wall Street profits.
Location: United States
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Workers Lose Ground — The described changes coincide with declining average worker pay and rising top-earner income.
Location: United States
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Sundance Documentary Premiere — The documentary premieres in the 2013 Sundance Documentary Competition.
Location: Sundance Film Festival