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Tag: Robert Reich


How Inside Traders Are Rigging America and Contributing to the Savage Inequalities of American Life

Major players on Wall Street have been making tons of money not because they’re particularly clever but because they happen to be in the realm where a lot of coins come their way.

Posted on Dec 18, 2014 READ MORE



Don’t Blame Republicans for Wall Street’s Scams; Democrats Are Also at Fault

America can’t tackle widening inequality without confronting the power and privilege lying behind it.

Posted on Dec 9, 2014 READ MORE



Is College Worth the Cost?

This is the time of year when high school seniors apply to college, and when I get lots of mail about whether college is worth the cost. The answer is unequivocally yes, but with one big qualification.

Posted on Nov 25, 2014 READ MORE



If You Want to Know What’s Happened to Our Democracy, Follow the Richest .01 Percent

Why should we care how the uber rich spend their money?

Posted on Nov 18, 2014 READ MORE



The Real Reason Behind the Democrats’ Big Midterm Losses

The president blames himself for the Democrats’ big losses Election Day. I respectfully disagree.

Posted on Nov 11, 2014 READ MORE



How to Reverse the Supreme Court’s Terrible ‘Citizens United’ Ruling in Time for the Midterms

In the early hours of Election Day, before dawn reaches the nation’s capital, Justice Anthony Kennedy is suddenly awakened by someone standing next to his bed.

Posted on Nov 3, 2014 READ MORE


Why the Midterm Elections Should Matter Especially to Women

By Robert Reich

If Republicans take over Congress on Tuesday, the economic position of women will take a major hit.

Posted on Nov 3, 2014 READ MORE



Americans Need Leaders Who Understand Their Plight Instead of Denying It

Call it Empathy Deficit Disorder. Some Democrats have it, but the disorder seems especially widespread among Republicans.

Posted on Oct 28, 2014 READ MORE


Pepsi and Coca-Cola Are Pulling Out All the Stops Against Berkeley’s Soda Tax

By Robert Reich

One out of three American kids is obese and at risk of early-onset diabetes. A major culprit is Big Soda.

Posted on Oct 23, 2014 READ MORE



Americans Need to Get a Grip: Ebola Is Not a Crisis in the U.S.

The real crisis is the hysteria over Ebola that’s being fed by media outlets seeking sensationalism and politicians posturing for the midterm elections.

Posted on Oct 21, 2014 READ MORE



How Taxpayers Unknowingly Fund Elite Private Universities as Public School Subsidies Shrink

What justifies so much government spending per student in private elite universities relative to public ones?

Posted on Oct 14, 2014 READ MORE



Big Pharma Is Robbing Us Blind and We’re Letting It Happen

America spends a fortune on drugs, more per person than any other nation on earth, even though Americans are no healthier than the people of other advanced nations.

Posted on Oct 6, 2014 READ MORE



We Need to Raise Most People’s Wages to Grow the Economy for the Majority, Not the 1 Percent

Other cities and states should follow Seattle’s example.

Posted on Sep 29, 2014 READ MORE



Why Ordinary People Bear Economic Risks and Donald Trump Doesn’t

Bankruptcy was designed so people could start over. But these days, the only ones starting over are big corporations, wealthy moguls and Wall Street.

Posted on Sep 22, 2014 READ MORE



Harvard Business School’s Role in Widening Inequality

No institution is more responsible for educating the CEOs of American corporations than Harvard Business School.

Posted on Sep 13, 2014 READ MORE



Shutterstock

Berkeley vs. Big Soda

Fifty years ago this month, Berkeley, Calif., was the epicenter of the Free Speech Movement. Now, Berkeley is moving against Big Soda.

Posted on Sep 10, 2014 READ MORE



The Bankruptcy of Detroit and the Division of America

Detroit is a model for how wealthier and whiter Americans escape the costs of public goods they’d otherwise share with poorer and darker Americans.

Posted on Sep 6, 2014 READ MORE



Why College Shouldn’t Be the Only Gateway to the Middle Class

This week, millions of young people head to college and universities, aiming for a four-year liberal arts degree.

Posted on Sep 2, 2014 READ MORE



Back to School and to Widening Inequality

American kids are heading back to school. But the schools they’re going back to differ dramatically by family income.

Posted on Aug 26, 2014 READ MORE



The Disease of American Democracy

Most Americans feel powerless, and assume the political game is fixed. So why bother?

Posted on Aug 19, 2014 READ MORE



The Rebirth of Stakeholder Capitalism?

We’re all stakeholders in the American economy, and many stakeholders have done miserably.

Posted on Aug 11, 2014 READ MORE



The Disconnect Between Workers’ Pay and Social Worth

Does anyone seriously believe hedge-fund mogul Steven A. Cohen is worth the $2.3 billion he raked in last year, despite being slapped with a $1.8 billion fine after his firm pleaded guilty to insider trading?

Posted on Aug 4, 2014 READ MORE



The Increasing Irrelevance of Corporate Nationality

“You shouldn’t get to call yourself an American company only when you want a handout from the American taxpayers,” President Obama said Thursday.

Posted on Jul 29, 2014 READ MORE



The Rise of the Nonworking Rich

The real nonworkers are the wealthy who inherit their fortunes. And their ranks are growing.

Posted on Jul 16, 2014 READ MORE



The Limits of Corporate Citizenship: Why Walgreen Shouldn’t Be Allowed to Influence U.S. Politics

Dozens of big U.S. corporations are considering leaving the United States to reduce their tax bills.

Posted on Jul 7, 2014 READ MORE



The Politics and Economics of Inequality: A Lecture to the Top One-Tenth of 1 Percent (Video)

Here’s a lecture I gave recently at this year’s Aspen Ideas Festival. The irony of talking about inequality with an audience composed almost entirely of the richest one-tenth of 1 percent of Americans was not lost on me.

Posted on Jul 5, 2014 READ MORE



Freedom, Power, and the Conservative Mind

Freedom is the one value conservatives place above all others, yet time and again their ideal of freedom ignores the growing imbalance of power in our society that’s eroding the freedoms of most people.

Posted on Jul 3, 2014 READ MORE



Screenshot/ Youtube

Break the Koch Machine (Video)

A number of billionaires are flooding our democracy with their money, drowning out the voices of the rest of us. But Charles and David Koch are in a class by themselves.

Posted on Jun 28, 2014 READ MORE



Real Business Leaders Want to Save Capitalism

A few weeks ago I was visited in my office by the chairman of one of the country’s biggest high-tech firms who wanted to talk about the causes and consequences of widening inequality and the shrinking middle class, and what to do about it.

Posted on Jun 21, 2014 READ MORE



Shutterstock

How America’s Real Business Leaders Want to Save Capitalism

A few weeks ago I was visited in my office by the chairman of one of the country’s biggest high-tech firms who wanted to talk about the causes and consequences of widening inequality and the shrinking middle class, and what to do about it.

Posted on Jun 18, 2014 READ MORE



Shutterstock

The Three Biggest Right-Wing Lies About Poverty

Rather than confront poverty by extending jobless benefits to the long-term unemployed, endorsing a higher minimum wage or supporting jobs programs, conservative Republicans are taking a different tack.

Posted on Jun 16, 2014 READ MORE



Seattle Is Right

By raising its minimum wage to $15, Seattle is leading a long-overdue movement toward a living wage.

Posted on Jun 7, 2014 READ MORE



Voting in Mississippi, 2014 and 1964 (Video)

Mississippi used its new voter-identification law for the first time Tuesday—requiring voters to show a driver’s license or other government-issued photo ID at the polls.

Posted on Jun 7, 2014 READ MORE



The Way to Stop Corporate Lawbreaking Is to Prosecute the People Who Break the Law

Who’s really to blame when a big corporation breaks the law? The government thinks it’s the corporation itself. Wrong.

Posted on Jun 5, 2014 READ MORE



Freedom Summer II

It took guts to take on the power structure of Mississippi a half-century ago. It takes guts to take on the power structure of giant companies like Walmart and McDonalds now.

Posted on Jun 2, 2014 READ MORE



Luciano Castillo (CC BY 2.0)

The Practical Choice: Not American Capitalism or ‘Welfare State Socialism’

For years Americans have assumed that our hard-charging capitalism is better than the soft-hearted version found in Canada and Europe.

Posted on May 21, 2014 READ MORE



Frederic Legrand / Shutterstock.com

Tim Geithner and the Wall Street Bailout Redux

Timothy Geithner’s new book about the financial crisis, “Stress Test,” is basically an argument that the Wall Street bailout succeeded.

Posted on May 14, 2014 READ MORE



Shutterstock

How to Shrink Inequality

Some inequality of income and wealth is inevitable, if not necessary.

Posted on May 14, 2014 READ MORE



Frank de Kleine (CC BY 2.0)

How the Right Wing Is Killing Women

A woman giving birth in America is more than twice as likely to die as a woman in Saudi Arabia or China.

Posted on May 13, 2014 READ MORE



Shutterstock

The Six Principles of the New Populism (and the Establishment’s Nightmare)

More Americans than ever believe the economy is rigged in favor of Wall Street and big business and their enablers in Washington.

Posted on May 7, 2014 READ MORE



The Four Biggest Right-Wing Lies About Inequality

Even though French economist Thomas Piketty has made an airtight case that we’re heading toward levels of inequality not seen since the days of the 19th century robber barons, right-wing conservatives haven’t stopped lying about what’s happening and what to do about it.

Posted on May 6, 2014 READ MORE



Bastian (CC BY-NC-ND 2.0)

Raising Taxes on Corporations That Pay Their CEOs Royally and Treat Their Workers Like Serfs

Until the 1980s, corporate CEOs were paid, on average, 30 times what their typical worker was paid. Since then, CEO pay has skyrocketed.

Posted on Apr 22, 2014 READ MORE



Knight725 (CC BY-NC 2.0)

Antitrust in the New Gilded Age

We’re in a new gilded age of wealth and power similar to the first gilded age when the nation’s antitrust laws were enacted.

Posted on Apr 17, 2014 READ MORE



Screenshot/YouTube

Happy Tax Day, and Why the 1 Percent Pay a Much Lower Rate Than You

It’s tax time again, April 15, when our minds turn toward paying the taxes we owe or possibly getting a tax refund.

Posted on Apr 15, 2014 READ MORE



Why the Minimum Wage Should Really Be Raised to $15 an Hour

Momentum is building to raise the minimum wage to $10.10. But we need to be more ambitious.

Posted on Apr 9, 2014 READ MORE



Nancy Pelosi (CC BY 2.0)

Friday’s Jobs Report and the Supreme Court’s McCutcheon Debacle

What does the Supreme Court’s McCutcheon decision this week have to do with Friday’s jobs report, showing 192,000 new jobs for March?

Posted on Apr 5, 2014 READ MORE



Signe Wilkinson

McCutcheon and the Vicious Cycle of Concentrated Wealth and Political Power

If wealth and income weren’t already so concentrated in the hands of a few, the shameful McCutcheon decision by the five Republican appointees to the Supreme Court wouldn’t be as dangerous.

Posted on Apr 5, 2014 READ MORE



Themeplus (CC BY-SA 2.0)

The Distributional Games

Why would people turn down a deal that made them better off simply because it made someone else far, far better off?

Posted on Apr 1, 2014 READ MORE



Truthout.org (CC BY-NC-SA 2.0)

The New Billionaire Political Bosses

Charles and David Koch should not be blamed for having more wealth than the bottom 40 percent of Americans put together.

Posted on Mar 26, 2014 READ MORE



seanmcmenemy (CC BY 2.0)

The New Tribalism and the Decline of the Nation State

We are witnessing a reversion to tribalism around the world, away from nation states. The same pattern can be seen even in America—especially in American politics.

Posted on Mar 24, 2014 READ MORE


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