Saving capitalism for the many not the few pdf

Saving Capitalism: For the Many, Not the Few

saving capitalism for the many not the few pdf

Robert Reich - Saving Capitalism: For the Many, Not the Few

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Welcome sign in sign up. Back in , in what now seems like a far more innocent time, Robert Reich published an influential book titled The Work of Nations , which among other things helped land him a cabinet post in the Clinton administration. It was a good book for its time—but time has moved on. The Work of Nations was in some ways a groundbreaking work, because it focused squarely on the issue of rising inequality—an issue some economists, myself included, were already taking seriously, but that was not yet central to political discourse. That was then. To understand the difference between The Work of Nations and Saving Capitalism , you need to know about two things. The other is more of an insider debate, but one with huge implications for policy and politics alike: the rise and fall of the theory of skill-biased technological change, which was once so widely accepted among economists that it was frequently referred to simply as SBTC.

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Saving capitalism : for the many, not the few

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Someone is always writing the rules of the market. As treatises on inequality go, much of this one is familiar. Myths and legends, as Hunter S. Thompson observed, die hard in America, but perhaps none so hard as this one. Reich, raised in South Salem, N.

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