Saving Capitalism: For The Many, Not The Few

Saving-Capitalism-For-The-Many-Not-The-Few Author Robert B. Reich
Isbn 9780385350570
File size 547.4 KB
Year 2015
Pages 304
Language English
File format EPUB
Category Economics

Book Description:

This is an important and provocative book about the erosion of America’s middle class by one of the nation’s most astute and passionate social critics. Reich provides an original and compelling analysis of how the rules governing America’s form of capitalism have contributed to growing income inequality and of how these rules have been distorted by the role of money in the U.S. political system.

From the author of Aftershock and The Work of Nations, his most important book to date—a myth-shattering breakdown of how the economic system that helped make America so strong is now failing us, and what it will take to fix it.

Perhaps no one is better acquainted with the intersection of economics and politics than Robert B. Reich, and now he reveals how power and influence have created a new American oligarchy, a shrinking middle class, and the greatest income inequality and wealth disparity in eighty years. He makes clear how centrally problematic our veneration of the “free market” is, and how it has masked the power of moneyed interests to tilt the market to their benefit.

Reich exposes the falsehoods that have been bolstered by the corruption of our democracy by huge corporations and the revolving door between Washington and Wall Street: that all workers are paid what they’re “worth,” that a higher minimum wage equals fewer jobs, and that corporations must serve shareholders before employees. He shows that the critical choices ahead are not about the size of government but about who government is for: that we must choose not between a free market and “big” government but between a market organized for broadly based prosperity and one designed to deliver the most gains to the top. Ever the pragmatist, ever the optimist, Reich sees hope for reversing our slide toward inequality and diminished opportunity when we shore up the countervailing power of everyone else.

Passionate yet practical, sweeping yet exactingly argued, Saving Capitalism is a revelatory indictment of our economic status quo and an empowering call to civic action.

 

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