| Supercapitalism: The Transformation of Business, Democracy, and Everyday Life Vintage Books |
 |
During the Thanksgiving holiday period, I took the opportunity to read Dr. Robert Reich's new book "Supercapitalism". Many of us remember Dr. Reich as the out spoken Labor Secretary during the Clinton Administration. I would dare say that Dr. Reich became the most well know person to hold that office. He is now settled into UC Berkeley but his days as a national clarion for average guy are by no means over.
| Dr. Robert Reich |
In his new book; Reich describes in very easy to understand terms, how business operates today in a globalized market and the implications of this on the average worker. He defines the pact between investors and CEO's and explains the rationale for the high compensation rates of management. He lifts the curtain on the close interrelationship that exists between business and government. Most importantly, he exposes the role that we as consumers and investors play in this high stakes game. According to Reich, if you are looking for someone to blame for this economic mess then to quote Obama; "We are the ones we have been looking for"
Since the election of president Ronald Reagan, there has been much rhetoric regarding the success of free market capitalism over socialism and the rise of globalization. Most people do not have a clue about economic theory; however, with today's financial crisis it seems prudent that we all stop and get up to speed quickly because these philosophies are not inconsequential.
Take a moment, go buy this book and get informed!
| Supercapitalism: The Transformation of Business, Democracy, and Everyday Life Vintage Books |
|
During the Thanksgiving holiday period, I took the opportunity to read Dr. Robert Reich's new book "Supercapitalism". Many of us remember Dr. Reich as the out spoken Labor Secretary during the Clinton Administration. I would dare say that Dr. Reich became the most well know person to hold that office. He is now settled into UC Berkeley but his days as a national clarion for average guy are by no means over.
| Dr. Robert Reich |
In his new book; Reich describes in very easy to understand terms, how business operates today in a globalized market and the implications of this on the average worker. He defines the pact between investors and CEO's and explains the rationale for the high compensation rates of management. He lifts the curtain on the close interrelationship that exists between business and government. Most importantly, he exposes the role that we as consumers and investors play in this high stakes game. According to Reich, if you are looking for someone to blame for this economic mess then to quote Obama; "We are the ones we have been looking for"
Since the election of president Ronald Reagan, there has been much rhetoric regarding the success of free market capitalism over socialism and the rise of globalization. Most people do not have a clue about economic theory; however, with today's financial crisis it seems prudent that we all stop and get up to speed quickly because these philosophies are not inconsequential.
Take a moment, go buy this book and get informed!