by Robert Reich
published by Knopf
© 2007 by Robert Reich
Click on image to purchase.
In this compelling and important analysis of the triumph of capitalism
and the decline of democracy, former labor secretary Reich urges us
to rebalance the roles of business and government. Power, he writes,
has shifted away from us in our capacities as citizens and toward us
as consumers and investors. While praising the spread of global capitalism,
he laments that supercapitalism has brought with it alienation from
politics and community. The solution: to separate capitalism from democracy,
and guard the border between them. Plainspoken and forceful, if somewhat
repetitious, the book urges new and strengthened laws and regulations
to restore authority to the citizens in us. Reich's proposals are anything
but knee-jerk liberal: he calls for abolishing the corporate income
tax and labels the corporate social responsibility movement distracting
and even counterproductive. As in 2004's Reason, Reich exhibits perhaps
too much confidence in Americans' ability to think and act in their
own best interests. But he refuses to shift blame for corporations'
dominance to the usual suspects, instead pointing a finger at consumers
like you and me who want better deals, and from investors like us who
want better returns, he writes. Provocatively argued, this book could
help begin a necessary national conversation.
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