Saving Capitalism is a 2017 documentary film directed by Jacob Kornbluth and Sari Gilman, following former Secretary of Labor and Professor Robert Reich, speaking about current state of our economic system, and presents ideas how to "save capitalism".. In this brilliant long essay, the former U.S. Secretary of Labor takes on the economic issues of the day from a perspective that rarely comes to light in public discourse: he rejects the widespread assumption that a “free market” exists independent of government. The book is well-written and thought-provoking. Book Review by Christopher Nowlin. Reich worked in various capacities under Presidents Ford, Carter, Clinton, and Obama. Reich… PLEASE NOTE: This is key takeaways and analysis of the book and NO Saving Capitalism: For the Many, Not the Few by Robert B. Reich examines the intersection of economics and politics in order to make sense of income inequality and wealth disparity in the 21st century United States of America…. John Maynard Keynes understood that free-market capitalism requires government regulation in order to function properly. Over my Christmas I had the pleasure of reading Robert Reich's new book, Saving Capitalism: For the Many, Not the Few. Furthermore, Reich destroys the notion that those rich and influential few deserve the power and wealth that they control because they have “earned it”. As I have reaffirmed many times in this column, I hold the opinion that no economic system has grown companies and countries faster and more effectively than Capitalism. This is an important and thorough look at the economic aspect of what is wrong in America today- and since many of our other ills spring from the economics, it speaks to areas not explicitly addressed as well. As the title may suggest, Saving Capitalism is a critique of the free market structures and modern-day capitalism. In his most recent book, Saving Capitalism: For the Many, Not the Few, economist and former Secretary of Labor, Robert Reich enters the debate on our failing American economy by disrupting the prevailing view that the free market is natural. Saving Capitalism: For the Many, Not the Few by Robert B. Reich/Key Takeaways, Analysis & Review by Instaread is another great introduction to a book that many lay readers might be reluctant to purchase. I really enjoyed reading this book. Or a rich and influential few? Reich also spends a good deal of time explaining how the proliferation of money in politics has gamed the system, but offers nothing but naïve optimism that the problem will be solved. Read the review of Netflix Original Saving Capitalism, a documentary led by Robert Reich, who explains to us the failings of capitalism in our society. If you’ve ever been exposed to Robert Reich’s “Wealth and Poverty” course at UC Berkeley, perhaps through the film Inequality for All, or heard him speak in public, you know that there are few people alive today who are his equal in the ability to explain complex economic and social issues so cogently and compellingly. Excerpt from Book Review : Robert Reich's "Saving Capitalism" For the Many, Not the Few Robert Reich would be an unexpected ally for the movement on the Left, or the more liberal members of the American society. You Save 9%. Economist Robert B. Reich explains why in his latest book, and does so in a way non-economists can understand. It’s a matter of who controls the government and in whose interests these laws, regulations and judicial proceedings work – the majority of the people/society as a whole? He shows how the 1% have used their wealth to influence politicians to alter these rules to their benefit, allowing them to acrue even greater wealth, while the rest of us lose out. PLEASE NOTE: This is key takeaways and analysis of the book and NO Mostly from the book "Saving Capitalism - For the Many, Not the Few" by Robert Reich where he makes it so clear the problem comes from the politicians, not from capitalism. Today is National Voter Registration Day! * Paul Krugman, The New York Review of Books * 'One of Reich's finest works, and is required reading for anyone who has hope that a capitalist system can indeed work the many, and not just the few.' © 1996-2020, Amazon.com, Inc. or its affiliates, Reviewed in the United States on September 21, 2015. Story. This book is a great read. Book Review - Saving Capitalism For the Many, Not the Few. I first read this book in a local library, and was so impressed that I bought my own copy. Reviewed in the United States on June 24, 2017. Saving Capitalism by Robert B. Reich | Key Takeaways, Analysis & Review Preview:. In this brilliant long essay, the former U.S. Secretary of Labor takes on the economic issues of the day from a perspective that rarely comes to light in public discourse: he rejects the widespread assumption that a “free market” exists independent of government. It also analyzes reviews to verify trustworthiness. In essence, since a free market depends on the existence of these five building blocks, and since these building blocks require the existence of a system of external controls to ensure they are maintained, the issue is not about government vs. the free market, but about how the free market is organized by and through government, and who has the most influence over those decisions. As many critical works do, Reich’s book culminated on an optimistic note (“there is much cause for optimism”), possibl y … The median American household was earning less in 2013 than it did in 1989, while the proportion of income going to the top one percent has skyrocketed. Find helpful customer reviews and review ratings for Saving Capitalism: For The Many, Not The Few at Amazon.com. Instead, our system considers things like how recent a review is and if the reviewer bought the item on Amazon. Other authors have written about inequality, but I love Riech's focus on market rules --rules that shape property rights, bankruptcy, monopolies, contracts, and the enforcement (or lack of enforcement) of these rules. The very rich get richer and more powerful, while the middle and lower classes get weaker and poorer. 4.5 out of 5 stars 1,379. It expands on the ideas the author expressed in his book Inequality for All. Reich makes many interesting observations, including: Reviewed in the United States on February 6, 2017. This review of Robert Reich’s Saving Capitalism For the Many, Not the Few is admittedly belated but perhaps timely for this very reason. As Reich himself says repeatedly throughout the book, it’s not a conflict between “government” on one hand and the “free market” on the other hand. It’s not even a matter of the size of the government – “big government” vs. “small government”. 12/29/2015 09:27 am ET Updated Dec 06, 2017 Over my Christmas I had the pleasure of reading Robert Reich's new book, Saving Capitalism: For the Many, Not the Few. Download for offline reading, highlight, bookmark or take notes while you read Saving Capitalism: For the Many, Not the Few. However, it hasn’t raised the quality of life for all beneficiaries equally - to say the least. , and does so in a way non-economists can understand Keynes understood that Capitalism. 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