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Saving capitalism : for the many, not the few

by Reich, Robert B.

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"From the author of Aftershock and The Work of Nations, his most important book to date -- a myth-shattering breakdown of how the economic system that helped make America so strong is now failing us, and what it will take to fix it. Perhaps no one is better acquainted with the intersection of econom... Full description


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Table of 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
  • Coutervailing power. Reprise ; The threat to capitalism ; The decline of countervailing power ; Restoring countervailing power ; Ending upward distribution ; Reinventing the corporation ; When robots take over ; The citizen's bequest ; New rules.