For the many, not the few recorded october 19, 2015 at town hall seattle. Palagummi sainath believes jeremy seabrook, a journalist and campaigner, first used the term. It runs so deep that even apparently liberallyminded democrats. Ceos todayand the ceo of wells fargo at the time was just another examplei think, dont understand that they have public obligations that. That every attempt to provide safety nets or to reduce the.
Former labor secretary robert reich sits down with heather lofthouse, executive director of inequality media, to discuss some of the key themes in reich s new book, which have become even more evident during this coronavirus pandemic. The transformation of business, democracy, and everyday life by reich, robert b. Read, highlight, and take notes, across web, tablet, and phone. Robert reich has written a brilliant new book in the system. Enter your mobile number or email address below and well send you a link to download the free kindle app. Reich, says market forces have compromised democracy, and need to be restrained. His premise is the united states system over the last 40 years has been highjacked by the ultrawealthy who he calls the oligarchy rule of the few. It starts out pressing the case for the contemporary liberal understanding of churchstate separation and its history in. An entire ideology of market fundamentalism the modern equivalent of the divine right of kings and trickledown economics has been fabricated and widely disseminated just for that purpose. Robert reich breaks down how oligarchs are cashing in on. Who rigged it, how we fix it, the former secretary of labor gives an accessible and eminently readable walkthrough of thirty years of neoliberal fiscal.
In an exclusive interview, robert reich explains how. Robert reich is always insightful and interesting, and his heart is in the right place. Heres how americas oligarchs are cashing in on the. Another mythology might be called market fundamentalism, the idea that the market can do no wrong. The power of market fundamentalism and millions of other books are available for amazon kindle. He convincingly asserts the oligarchs the wealthiest 10% of the us population have turned the wheels of. Reich has 34 books on goodreads with 57653 ratings. Market fundamentalism, also known as freemarket fundamentalism, is a term applied to a strong belief in the ability of unregulated laissezfaire or freemarket capitalist policies to solve most economic and social problems. He is chancellors professor of public policy at the university of california at berkeley and senior fellow at.