Get the freshest reviews, news, and more delivered right to your inbox! Reich is a classically trained economist that has actually won a Nobel Prize in economics for some of his work. pquinn-87016 31 March 2019. This is not dry economics. Reich’s straightforward analysis is simply a pleasure to read. The evidence he cites to show that corporate directors once thought they owed a duty to employees, the community, the environment, was weak as well. Hometown: Scranton, Pennsylvania. Reich has an informal and very accessible writing style and does an excellent job explaining economic concepts. Saving Capitalism feels like homework, but it will give you vital understanding and perspective. A review of Robert Reich's Saving Capitalism. Desperately waiting for this to come out on Kindle! My favorite part of the book was when he discussed the negative sum game of capitalism. A splendid performance by the former Secretary of Labor. It was doubly frustrating to read a book of such sensible policy analysis during an election season that is practically devoid of any discussion of real policies and their effects on real people. I would highly recommend this book for those interested understanding the current economic situation our country is in. In the last 30 years, corporations have gained more and more political influence which, at this stage of the game, is drowning out the voices of individual voters and th. “Saving Capitalism” is loaded with broad proclamations, while at times frustratingly spare on the particulars. Reich's book goes a long way in helping to make sense of the current economic state of our country. The wage gap between the lowest earners and highest earners in this country has been increasing over the last few decades and the middle class is slowly shrinking. Reich explains how political changes in the last three decades is accelerating wealth inequality. Name: Robert B. Reich. Lily James and Sebastian Stan Starring as Pamela Anderson and Tommy Lee in Hulu Drama Series? Anyone hoping to save the middle class will want to read Reich’s ideas about how to save capitalism. In 1922, American philosopher John Dewey published, Took a little bit of time to finish but glad I did. Wall Street, through its influence in Congress, is tweaking the system in their favor, and thus altering the way Americans live. I just alternated books by S. Pinker & N. Taleb = rivals illuminate each other. Things are really polarized now. BUY NOW FROM ... Review Posted Online: July 27th, 2015. Reich does a great job of laying out how we can critique and correct capitalism without throwing the baby out with the bath water. He is clear-sighted, persuasive, and ultimately inspiring. When he did try to show his. I found a few of his assertions to be overreaching and the book is certainly more polemic than history or theory, but it is an accurate condemnation of our current political system. … Though Reich's analysis reveals a grim reality, his predictions are optimistic. Netflix’s Saving Capitalism is a good primer on the economic situation in the United States and how it got to this point. In India also the gulf between rich and the poor is increasing whether it is social economical political etc. Wall Street, through its influence in Congress, is tweaking the system in their favor, and thus altering the way Americans live. 194 likes. Reich has a gift for clear thinking and exposition. He points out that this situation is not only not desirable but not sustainable in the long run. The mythology is useful precisely because it hides their power.”, “The simultaneous rise of both the working poor and non-working rich offers further evidence that earnings no longer correlate with effort.”, http://knopfdoubleday.com/book/227780/saving-capitalism/. They would prefer the bottom 90 percent continue to preoccupy themselves with tendentious battles over government’s size (or that it war over non-economic issues such as same-sex marriage, abortion, guns, race, and religion) than find common economic cause. Saving Capitalism by Robert B. Reich | Key Takeaways, Analysis & Review Preview:. The present review focuses on Chapter 23 (the penultimate chapter) of the book, in which Reich sets forth what appears to be his most radical proposal for alleviating the long-term trend of replacing employees by automation. Saving Capitalism feels like homework, but it will give you vital understanding and perspective. Authors. Reich argues that decision-making power is increasingly concentrated in the hands of a few, at the expense of the "many." And it's a book that explains why Bernie Sander's campaign has drawn so many supporters. Saving Capitalism by Robert B. Reich | Key Takeaways, Analysis & Review Preview: Saving Capitalism: For the Many, Not the Few by Robert B. Reich examines the intersection of economics and politics in order to make sense of income inequality and wealth disparity in the 21st century United States of America… Reich explains why corporations have gone institutions of life-time job security to lovers of automation and haters of people. I'm skeptical of big business, big corporations, big banks *and* big government in about equal measure. Directed by Jacob Kornbluth, Sari Gilman. This is one of those books I read because I enjoy reading authors with whom I agree. Robert Reich is one of the best economists in modern American history. About the author: Robert Bernard Reich is an American politician, academic, and political commentator. … The polarization on both ends seems obvious to me. Sidney Poitier’s 7 Most Memorable Performances, All Harry Potter Movies Ranked Worst to Best by Tomatometer. Robert Bernard Reich is an American politician, academic, and political commentator. We can have democracy or we can have massive wealth in the hands of few people but we can't have both. as per Robert B. Reich. Reich is a great, reasonable voice for the left because he's a great, reasonable voice in general. Political propaganda masquerading as education, violent suppression of different opinions, and Mr. Reich is one of the most powerful people at the university. Robert Reich concisely summarizes what's been happening with capitalism in the last few decades, showing how special interests have corrupted the system, and suggesting ways to fix it. 0 Comments Why is Capitalism as currently practiced in Western Democracies dysfunctional? Haven't read any of his books. This is a critically important book for a few reasons. I've only seen short videos of Reich. Reich's key point, and the one on which the rest of the book hangs, is that our political debate over preferring the "free market" on one hand to more government intervention on the other, is misguided: there is no disembodied market without rules made by government, that is, by humans. Capitalism most definitely is at a crossroads. By creating an account, you agree to the Privacy Policy This is just one example of the current cycle in which corporations and their top executives are accumulating more and more wealth and in-turn, are able to use their wealth to influence politicians. The book hits on the concerns of U.S. working people who see a disappearing middle class and joblessness as a likely fate. Any remedy to the corporate oligarchy in which we find ourselves, in my opinion, has to recognize that ceding corporate power into the hands of an equally powerful state is playing with fire. Belonging to the middle class family (general category) of a developing nation I understand it very well how me and my family and billion other people wishes and decisions are everyday moulded by our stagnated and tumbling financial situation, not what we really wish to have at all most every point be it the necessities, higher education , lifestyle , entertainment etc . Reich explains why corporati. Reich explains some of the factors that have caused this to occur. Americans will lead the way for reform as they have done in the past and that movement has already sprung to action. This is a really quick read for the liberal looking to impress their friends and win a few internet debates about economics. He thinks self-interest and innovation drives economies, incentivizing productive behavior is good, etc but also that unfettered capitalism allows the super rich to gain more and more control over the state to the detriment of the people. It allows Robert to lead the way and demonstrate the pitfalls of our broken society. Americans will lead the way for reform as they have done in the. In his new book, Saving Capitalism: For the Many, Not the Few, he tackles this obsession with free markets. Reich is now a professor and the book is explained clearly, just as you'd expect from a good teacher. This was my first reading of a work by Reich. What makes this book a five-star read is that it's applicable. Reich's book goes a long way in helping to make sense of the current economic state of our country. Reviews from Goodreads.com. He served as Secretary of Labor under President Bill Clinton from 1993 to 1997. Because this is my field, there was nothing in here that I didn't already know, but this is a must-read for all Americans. Find helpful customer reviews and review ratings for Saving Capitalism: For the Many, Not the Few at Amazon.com. Reich has a gift for clear thinking and exposition. It comes with some amount of Reich's personal politics, e.g. Sign up here. The question of capitalism’s longevity has been the subject of many "big think" books in recent times. Don't have an account? You can download it for free for 2 weeks, read it on your computer of iPad. This book was somewhat frustrating to read because of all of Reich's glaring omissions and leaps in logic. In this brilliant long essay, the former U.S. Secretary of Labor takes on the economic issues of the day from a perspective that rarely comes to light in public discourse: he rejects the widespread assumption that a “free market” exists … Though Reich's analysis reveals a grim reality, his predictions are optimistic. Born: Jun, 1946. Mimi's review of Robert Reich's Saving Capitalism provides an excellent summary of the book. It's available for free in the Internet Archive library. Although the book is written from American perspective and its society , the truths mention in it about the capitalist society , the rich and their influence and how hard it is for a middle class and poor to make a mark , a big positive change in his/her life , to get out from the endless loop of we running for 💰 and money running more faster away from us. by Nassim Nicholas Taleb Nonfiction. Just a moment while we sign you in to your Goodreads account. He no doubt intended to make a provocative film that would inspire its viewers to become activists for socioeconomic justice. He says many people have become apathetic about politics, knowing instinctively that the system is rigged, but that political involvement is more important than ever. Welcome back. Read … If that sounds too socialistic for you, consider some of Reich’s more pessimistic statements: 1) there is no unemployment under slavery and 2) in the medieval era, there was no middle class. But their hope was the country would be so polarized that it would be paralyzed. I was not at all persuaded. They have had the most influence over it and would rather keep it that way. In our present culture, the rules strongly favor the people at the top---those with the most money---and that money buys power. For the last 37 pages, which entirely fail to unpick how the hell we stop being fucked, 1 star. Saving Capitalism feels like homework, but it will give you vital understanding and perspective. Copyright © Fandango. He points out that this situation is not only not desirable but not sustainable in t. Reich's key point, and the one on which the rest of the book hangs, is that our political debate over preferring the "free market" on one hand to more government intervention on the other, is misguided: there is no disembodied market without rules made by government, that is, by humans. Review by Alexander Wade Craig ★★ For such a provocatively titled film, there's remarkably little of substance. I found his writing to be easy to follow, while laying out great points. and to receive email from Rotten Tomatoes and Fandango. Freedom Socialist book review — “Saving Capitalism” ... His new book, Saving Capitalism: For the Many, Not the Few offers a genial apology for the system’s gross inequalities. And no one does better at illuminating the problem than Reich. Here are Reich's words about how to proceed: For the first 180 pages on why we're fucked, five stars. PLEASE NOTE: … Saving Capitalism Reviews. Instead, this is a movie that conservatives should embrace as a huge favor to their cause. Anyone know when this might be? Please enter your email address and we will email you a new password. SAVING CAPITALISM – movie review. Netflix Director: Jacob Kornbluth, Sari Gilman Written by: Jacob Kornbluth, Sari Gilman Cast: Robert Reich Screened at: Critics’ link, NYC, 11/13/17 Opens: November 21, 2017 The film was released by Netflix on November 11, 2017. Regular viewers of Robert Reich’s “Resistance Report” will find the arguments in this book very familiar, but it was written before the 2016 election, which only goes to prove how prescient Robert Reich is. 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