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Robert Reich

Saving Capitalism

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'A very good guide to the state we're in' Paul Krugman, New York Review of Books

'A well-written, thought-provoking book by one of America's leading economic thinkers and progressive champions.' Huffington Post
Do you recall a time when the income of a single schoolteacher or baker or salesman or mechanic was enough to buy a home, have two cars, and raise a family?
Robert Reich does — in the 1950s his father sold clothes to factory workers and the family earnt enough to live comfortably. Today, this middle class is rapidly shrinking: American income inequality and wealth disparity is the greatest it's been in eighty years.
As Reich, who served in three US administrations, shows, the threat to capitalism is no longer communism or fascism but a steady undermining of the trust modern societies need for growth and stability.
With an exclusive chapter for Icon's edition, Saving Capitalism is passionate yet practical, sweeping yet exactingly argued, a revelatory indictment of the economic status quo and an empowering call to action.
Dit boek is momenteel niet beschikbaar
369 afgedrukte pagina’s
Auteursrechteigenaar
Bookwire
Oorspronkelijke uitgave
2016
Jaar van uitgave
2016
Uitgeverij
Icon Books
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Citaten

  • Kristinaciteerde uit7 jaar geleden
    You do not have to be a rocket scientist or even a Wall Street banker to calculate that the hidden subsidy the Wall Street banks enjoy because they are too big to fail totaled about three times Wall Street’s 2013 bonus payments of $26.7 billion. Without the subsidy there would have been no bonus pool at all. The lion’s share of that subsidy, $64 billion, went to the top five banks—JPMorgan, Bank of America, Citigroup, Wells Fargo, and Goldman Sachs.
  • Sabinaciteerde uit5 jaar geleden
    markets depend for their very existence on rules governing property (what can be owned), monopoly (what degree of market power is permissible), contracts (what can be exchanged and under what terms), bankruptcy (what happens when purchasers can’t pay up), and how all of this is enforced.
  • Anne Ivalu Guldagerciteerde uit6 jaar geleden
    n short, much of the American middle class has become poorer.
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