Saving capitalism : for the many, not the few / Robert B. Reich.

Author/creator Reich, Robert B. author.
Format Book
EditionFirst Vintage books edition.
PublicationNew York : Vintage Books, a Division of Penguin Random House LLC, 2016.
Copyright Date©2015
Descriptionxvii, 279 pages : illustrations ; 21 cm
Subjects

Contents The Free Market. The prevailing view -- The five building blocks of capitalism -- Freedom and power -- The new property -- The new monopoly -- The new contracts -- The new bankruptcy -- The enforcement mechanism -- Summary : the market mechanism as a whole -- Work and Worth. The meritocratic myth -- The hidden mechanism of CEO pay -- The subterfuge of Wall Street pay -- The declining bargaining power of the middle -- The rise of the working poor -- The rise of the non-working rich -- Countervailing Power. Reprise -- The threat to capitalism -- The decline of countervailing power -- Restoring countervailing power -- Ending upward pre-distributions -- Reinventing the corporation -- When robots take over -- The citizen's bequest -- New rules.
Abstract "America was once celebrated for and defined by its large and prosperous middle class. Now, this middle class is shrinking, a new oligarchy is rising, and the country faces its greatest wealth disparity in eighty years. Why is the economic system that made America strong suddenly failing us, and how can it be fixed? Leading political economist and bestselling author Robert B. Reich presents a paradigm-shifting, clear-eyed examination of a political and economic status quo that no longer serves the people, exposing one of the most pernicious obstructions to progress today: the enduring myth of the "free market" when, behind the curtain, it is the powerful alliances between Washington and Wall Street that control the invisible hand. Laying to rest the specious dichotomy between a free market and 'big government, ' Reich shows that the truly critical choice ahead is between a market organized for broad-based prosperity and one designed to deliver ever more gains to the top. Visionary and acute, Saving Capitalism illuminates the path toward restoring America's fundamental promise of opportunity and advancement"--Publisher's description.
Bibliography noteIncludes bibliographical references (pages 222-263) and index.
LCCN 2016304585
ISBN9780345806222 (pbk.)
ISBN0345806220 (pbk.)
ISBN(ebook)

Availability

Library Location Call Number Status Item Actions
Joyner General Stacks HB501 .R359 2016 ✔ Available Place Hold