Robert Reich

Saving Capitalism

Notify me when the book’s added
To read this book, upload an EPUB or FB2 file to Bookmate. How do I upload a book?
'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.
This book is currently unavailable
369 printed pages
Copyright owner
Bookwire
Original publication
2016
Publication year
2016
Publisher
Icon Books
Have you already read it? How did you like it?
👍👎

Quotes

  • Kristinahas quoted7 years ago
    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.
  • Sabinahas quoted5 years ago
    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 Guldagerhas quoted7 years ago
    n short, much of the American middle class has become poorer.
fb2epub
Drag & drop your files (not more than 5 at once)