• Program 2013-14

The Tale of Two Cities: Turning Rhetoric into Reality


April 16, 2014


6-8 pm


Baruch College Robert Zicklin Center for Corporate Integrity


Baruch College's Library Building, 151 E 25th Street (between Lex and 3rd), Room 750

Income inequality is the topic of the day globally, throughout the nation and in our city. The World Economic Forum's Global Risks 2014 report notes that "Widening gaps between the richest and poorest citizens threaten social and political stability as well as economic development." In his 2014 State of the Union address, President Obama said "…corporate profits and stock prices have rarely been higher, and those at the top have never done better. But average wages have barely budged. Inequality has deepened." Here in New York City, Mayor de Blasio was elected in large-part due to his criticism of "the two New Yorks" and his promises to work to correct the increasing income disparity in this city.

What will it take to turn de Blasio's rhetoric into reality? Can he substantially improve life in New York City for the nearly 2 million residents living below the poverty line? Can he protect and restore the disappearing middle class? Can the Mayor accomplish all of this without alienating Wall Street and keep the city solvent and avoid a repeat of the catastrophic budget failures that have plagued the city's past? Join us on April 16th as the Sustainability Practice Network and Baruch College's Robert Zicklin Center for Corporate Integrity convene a panel to address these questions and more.


Director Corporate Sustainability, Citigroup;
Vice President, Center for Economic Transformation, NYCEDC;
Professor of Economics Baruch College l CUNY Graduate Center, Wollman Distinguished Chair in Economics, Director of the Center for the Study of Business and Government at the Zicklin School of Business; ;
President, Community Service Society; Valerie Smith, Director Corporate Sustainability, Citigroup;


Searle Freedom Trust Fellow at the Manhattan Institute, Contributing Editor City Journal