Robert Reich
Robert Reich
Robert Bernard Reichis an American political commentator, professor, and author. He served in the administrations of Presidents Gerald Ford and Jimmy Carter and was Secretary of Labor under President Bill Clinton from 1993 to 1997...
NationalityAmerican
ProfessionEconomist
Date of Birth24 June 1946
CountryUnited States of America
country princess opportunity
We used to be so proud that our country offered far more economic opportunities than the feudal system in Great Britain, with its royal family, princesses and dukes. But social mobility in the UK is higher than in the US. Our social rift is as big as it was in the 1920s.
war growth world
It is a myth that higher taxes lead to less demand and slower growth. In the first three decades after World War II, US top tax rates on the wealthy were never below 70 percent.
reality people gaps
Social change occurs when the gap between the ideals that people hold and the reality that they see every day gets too large.
benefits world majority
We're the richest economy in the history of the world. For the majority of Americans not to get the benefits of this extraordinarily prosperous economy, there's something fundamentally wrong.
opportunity equality should-have
The liberal ideal is that everyone should have fair access and fair opportunity. This is not equality fo result. Its equality of opportunity. There's a fundamental difference.
stronger minimum-wage benefits
The only way to grow the economy in a way that benefits the bottom 90 percent is to change the structure of the economy. At the least, this requires stronger unions and a higher minimum wage.
class debt enough
No economy can continue to function when the vast middle class and everybody else don't have enough purchasing power to buy what the economy is capable of producing without going deeper and deeper into debt.
leadership teamwork long
A leader is someone who steps back from the entire system and tries to build a more collaborative, more innovative system that will work over the long term.
country america people
America has become the most unequal society among advanced countries, and rich people are now free to spend as much money on political campaigns as they wish.
track watches video
The Trans Pacific Partnership (and fast-track authority to whisk it through Congress without debate) is fast approaching. If you haven't seen our video about it, please watch. If you have, please share. And mobilize and organize friends and colleagues to call their senators and representatives to tell them to vote against this reprehensible deal.
business mean responsibility
In the early 1970s, Milton Friedman argued that corporations should not be socially responsible because they had no mandate to be; they existed to make money, not to be charitable institutions. But in the economy of the 21st century, corporations cannot be socially responsible, if social responsibility is understood to mean sacrificing profits for the sake of some perceived social good. That's because competition has become so much more intense.
lying technology routine
In a world where routine production is footloose...competitive advantage lies not in one-time breakthroughs but in continual improvements. Stable technologies get away.
You`ve got to just follow the money [in Washington]. You see it. There`s no countervailing power.
You`ve got to just follow the money [in Washington]. You see it. There`s no countervailing power.