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Saving Capitalism: For the Many, Not the Few…

Saving Capitalism: For the Many, Not the Few (utgåvan 2016)

av Robert B. Reich (Författare)

MedlemmarRecensionerPopularitetGenomsnittligt betygOmnämnanden
315761,967 (4.25)2
Reich outlines how the American economic system is failing, with increasing income inequality and a shrinking middle class, and reveals how a market designed for broad prosperity can reverse the trend toward diminished opportunity.
Titel:Saving Capitalism: For the Many, Not the Few
Författare:Robert B. Reich (Författare)
Info:Vintage (2016), Edition: Reprint, 304 pages
Samlingar:Ditt bibliotek


Saving Capitalism: For the Many, Not the Few av Robert B. Reich



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I just read a similar book by a British author. I have to say that beyond what I expected, more optimism (I think they put something in the water in the US), this book is way more interesting and features fewer angry lizard people accusations and is more about the mechanics of political power. It merits an extra star even if only for the optimism. It's nice to read people who are optimistic because they're full of ideas rather than resentment. ( )
  TeaTimeCoder | Dec 23, 2020 |
Everyone needs to read this book. Reich is brilliant, insightful, and supports his work with solid data. I highly recommend this book! ( )
  DonaldPowell | Feb 5, 2019 |
Abandoned it at 25%. The big ideas are understandable. I got bogged down in much of the explanations and the book is due back at the library soon. I skimmed through the rest of it and think I got the gist. The decision is not between "free market" or more government, but it is about good enforced laws concerning the market. The laws are currently tilted to increase the wealth of the wealthy at the expense of the 99%. Those who benefit from those laws have the power to influence lawmakers. In order to tilt the laws the other way, the 99% need to work together rather than bicker over what does not matter. This seems to be the agenda of Bernie Sanders and Elizabeth Warren.
  ajlewis2 | Jul 11, 2018 |
There is an old adage, 'With great power comes great responsibility', and Reich argues that large corporations, banks, and Wall Street have neglected this duty in exchange for short-term personal gain. Two key points he comes back to throughout this book are that the dollar value of one's assets is not a measure of their worth, and that there is no such thing as a 'free' market. Beyond that, he shows how our political system has been rigged to favor the wealthy, and he highlights some of the key policy decisions over the last forty years that have helped create the excessive wealth and political influence enjoyed by ultra-rich in America today. He convincingly argues why this situation is unsustainable and provides rational suggestions for public policy changes that can help correct it. What more could you want? I highly recommend this one and hope politicians, pundits, and investment bankers carefully consider what he says. Who knows? They may begin to act responsibly. ( )
  DLMorrese | Oct 14, 2016 |
If you're one of the 1%, don't read this book. For those of you in the other 99%, it's a must read.

The middle class is going away and all we have to do to ensure it's demise.. is nothing. Corporations, CEO's, Wall Street, the big banks, they'll only be too happy to continue to have all the advantages of an economic, political and judicial system that has tipped so far in their favor that "overall, CEO pay climbed 937 percent between 1978 and 2013, while the pay of the typical worker rose just 10.2 percent." Not only that, but "between 2000 and 2013, the real average hourly wages of young college graduates declined." Read that last sentence again - we're not talking about giving hand-outs to bums here. This is about fixing a system that has become so corrupt that America is in real danger of falling into oligarchy. Witness the Koch brothers and their $1 billion war chest that is funding their preferred candidates in the present election cycle.

Fortunately there is still time to take back what has been lost. The current corrupt system of crony capitalism isn't the way things have to stay. Mr Reich lays out in part three of his book how and why things can change. Reversal of Citizens United, resurrection of Glass-Steagall, rejection of the Trans-Pacific Partnership are all essential to getting this country back on track, where profits are reflected in wage and benefit increases and not just in CEO salaries and share prices. Reich advocates a return to Stakeholder Capitalism "that takes into account the interests of workers, the community, and the environment, as well as shareholders," as opposed to Shareholder Capitalism which only benefits the investment bankers and venture capitalists and features "flat or declining wages, growing economic insecurity, outsourced jobs, abandoned communities, soaring CEO pay, a myopic focus on quarterly earnings, and a financial sector akin to a casino."

Something's gotta change, and reading Saving Capitalism is a good place to start. Then you can start following Robert Reich on Facebook and start paying attention to your local candidates and their stances, and just where their campaign contributions are coming from. It's not about Republican or Democrat anymore, it's about taking back our country. ( )
  5hrdrive | Feb 11, 2016 |
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Reich outlines how the American economic system is failing, with increasing income inequality and a shrinking middle class, and reveals how a market designed for broad prosperity can reverse the trend toward diminished opportunity.

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