Here's the book for anyone who would like to know more about what afflicts the U.S. economy and how we might begin to fix it, but only has a couple of hours for reading. Reich has limited himself to about 150 pages, surely in the hope that the book will appeal even to folks who don't make a habit...
We all should make a choice to get a little more involved in politics is the subject of the third section "Beyond Outrage: What you need to do." The first section "The Rigged Game" deals with some facts such as from WWII to 1981 the top marginal tax rate never fell below 70%. President Eisenho...
Long story short: the New Economy differs from the Old in that there is increased volatility, and a feedback cycle coming into play. Highly variable pay and prices are pitted against highly static needs like food, shelter, and childrearing.Unlike cable TV, one cannot skimp on food for a week beca...
We are likely to accommodate absolute as well as relative losses in our standard of living for a long stretch of time. We might abide even wider inequality. But when all of these are added to a perception that the economic game is rigged—that no matter how hard we try we cannot get ahead because ...
—Sigmund Freud, on what a person should be able to do well1 MOST OF US are more prosperous than ever before. We own more. We’re able to get terrific deals. Yet the deepest anxieties of this prosperous age concern aspects of our lives that can’t be bought. Many of us worry about the erosion of fam...