| 

10 Hours Ago

The burgeoning gap between the rich and the poor in America can be halted and reversed by embarking on a financial literacy revolution, said an advisor to Presidents Barack Obama and George W. Bush on ways to solve the problem of wealth inequality.

"We need a cultural revolution. Financial literacy has to become a civil rights issue," said John Hope Bryant, founder of Operation HOPE and author of the new book "How the Poor Can Save Capitalism."

"In the last 20 years, we've made dumb sexy. We've dumbed down and celebrated it. We got to make smart sexy again," he told CNBC's "Squawk Box."

Besides raising awareness of the plight of the working poor, Bryant said his book aims to deliver solutions too, including outreach to schools to "stoke young entrepreneurship energy" and encourage students to make business leaders in their communities their role models.

Read, comment and share the complete story here, at CNBC.

Pin It on Pinterest

Share This