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
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In truth, government has been good to Wall Street and big business.
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The Tea Party grew out of indignation over the Wall Street bailout - an indignation shared by the vast majority of Americans. But the Tea Party ended up directing its ire at government rather than at big business and Wall Street.
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The job creators are members of America's vast middle class and the poor, whose purchases cause businesses to expand and invest.
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We're going to have to have a massive program to get these people permanent housing, ideally near or in their former communities, to get them jobs, to help restart businesses and to provide transportation,
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As to the meaning of "corporate social responsibility," Friedman and I would agree: If a certain action improves the corporation's bottom line, there's no point in labeling it "socially responsible." It's just good business.
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Employers have to understand that if they want to attract and keep good people, they've got to treat those people as whole people who have lives outside work,
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Even if there's no way to stop U.S. corporations from shedding their U.S. identities and becoming foreign corporations, there's no reason they should retain the privileges of U.S. citizenship.
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Bill Bradley wants to get democracy back for the American people. There has never been any question about his integrity or trustworthiness.
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The only way back toward a democracy and economy that work for the majority is for most of us to get politically active once again, becoming organized and mobilized.
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Some argue shareholder capitalism has proven more efficient. It has moved economic resources to where they're most productive, and thereby enabled the economy to grow faster.
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Political scientists after World War II hypothesized that even though the voices of individual Americans counted for little, most people belonged to a variety of interest groups and membership organizations - clubs, associations, political parties, unions - to which politicians were responsive.
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No company can be expected to build a nuclear reactor, an oil well, a coal mine, or anything else that's one hundred percent safe under all circumstances. The costs would be prohibitive. It's unreasonable to expect corporations to totally guard against small chances of every potential accident.
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Instead of worrying about who's American and who's not, here's a better idea: Create incentives for any global company to do what we'd like it to do in the United States.
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I'm not one of those who thinks the only way to fix what's wrong with American education is to throw more money at it. We also need to do it much better.