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. This review of Robert Reich’s Saving Capitalism For the Many, Not the Few is admittedly belated but perhaps timely for this very reason. 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…. Saving Capitalism is a very good guide to the state we're in.' Book Review by Christopher Nowlin. 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… Part of HuffPost Entertainment. 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. Read honest and unbiased product reviews from our users. Robert Reich, ... For the Many, Not the Few” in 2015, and this year, Net­flix cre­at­ed a … It’s not even a matter of the size of the government – “big government” vs. “small government”. Reich begins by bemoaning the state of affairs for working and middle-class families in America, recalling fondly how his father's small business was able to provide for their entire family to live comfortably in the fifties and sixties. The documentary is based on the book Saving Capitalism: For the Many, Not the Few by Robert B. Reich. This review of Robert Reich’s Saving Capitalism For the Many, Not the Few is admittedly belated but perhaps timely for this very reason. Now he's a public speaker, author of fourteen books, and Chancellor's Professor of Public Policy at the University of California at Berkeley. Reviewed in the United States on June 5, 2017. 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. In his new book, "Saving Capitalism for the Many, Not the Few," Robert Reich borrows John Galbraith's concept of countervailing forces to suggest … 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. Why most Americans are getting poorer and what to do about it, Reviewed in the United States on December 11, 2015. Read honest and unbiased product reviews from our users. * 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.' Reich is a classically trained economist that has actually won a Nobel Prize in economics for some of his work. Reich contends that the free market vs. government debate is a purposeful distraction meant to obscure the reality of who is reaping economic gains. Tap here to turn on desktop notifications to get the news sent straight to you. It is this regrettable failing that is addressed by Robert Reich, Chancellor’s Professor at the University of California, Berkeley. In Saving Capitalism: For the Many, Not the Few, Robert B. Reich describes what he believes ails modern society. Psychologists observe that we seek affirmation for our entrenched beliefs. Robert Reich does a good job explaining America’s political and economic problems from a liberal perspective. Succinct, thorough look at the USA's current economic/political system, and why it does what it does, Reviewed in the United States on December 7, 2015. This book is a great read. Not nearly as good as the book, but still valuable short version. Documentary Review: “Saving Capitalism” highlights an important truth about markets. Saving capitalism : for the many, not the few / Robert B. Reich.—1st United States edition. —Salon Visionary and acute, Saving Capitalism illuminates the path toward restoring America’s fundamental promise of opportunity and advancement. From the author of Aftershock and The Work of Nations, his most important book to date--a passionate yet practical, sweeping yet minutely argued, myth-shattering breakdown of what's wrong with our political-economic system, and what it will take to fix it. 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. He also looks at the failures of the political system and offers some solutions. Sign up for membership to become a founding member and help shape HuffPost's next chapter. 4.5 out of 5 stars 1,379. The very rich get richer and more powerful, while the middle and lower classes get weaker and poorer. All rights reserved. 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. I have been recommending this book far and wide to anyone and everyone who will listen. 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. ©2020 Verizon Media. About Saving Capitalism 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. 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".. Instead, our system considers things like how recent a review is and if the reviewer bought the item on Amazon. The government, through laws, regulations and judicial proceedings, actually creates the market. Saving Capitalism is a very good guide to the state we’re in." capitalismHowever, there’s not a lot of humor in Saving Capitalism, Reich’s fifteenth book. Buy it on Amazon here. Unfortunately, there is no word on how or when this is supposed to take place. pages cm Includes bibliographical references and index. John Maynard Keynes understood that free-market capitalism requires government regulation in order to function properly. The film was released by … Not nearly as good as the book, but still valuable short version. capitalismHowever, there’s not a lot of humor in Saving Capitalism, Reich’s fifteenth book. Saving Capitalism is a brilliant analysis of what needs to be done in America to save the country from slow but nevertheless sure economic disintegration. WIthout political organization not seen since the New Deal, America will become an oligarchy--and the rest of the world is also on the same trajectory. 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. 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. As many critical works do, Reich’s book culminated on an optimistic note (“there is much cause for optimism”), possibl y … —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." Reviewed in the United States on February 18, 2016. To calculate the overall star rating and percentage breakdown by star, we don’t use a simple average. Paperback (Reprint) $ 14.50 $16.00 Save 9% Current price is $14.5, Original price is $16. Robert Reich’s Saving Capitalism For the Many, Not the Few (2015 Penguin Random House) Book Review by Christopher Nowlin. 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. 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. In Saving Capitalism, Robert Reich reveals the entrenched cycles of power and influence that have damaged American capitalism, perpetuating a new oligarchy in which the 1 percent get ever richer and the rest - middle and working class alike - lose ever more economic agency, making for the greatest income inequality and wealth disparity since World War II. Book Review - Saving Capitalism For the Many, Not the Few. Reviewed in the United States on October 9, 2017. The reality today just doesn't bear this out; according to Pew research, 60% of Americans still believe anyone can make it if they just work hard, and major Republican presidential candidates still say things like, "We have never been a nation of haves and have-nots. PLEASE NOTE: This is key takeaways and analysis of the book and NO PLEASE NOTE: This is key takeaways and analysis of the book and NO As the title may suggest, Saving Capitalism is a critique of the free market structures and modern-day capitalism. Reviewed in the United States on June 24, 2017. Reich argues that decision-making power is increasingly concentrated in the hands of a few, at the expense of the "many." However, it hasn’t raised the quality of life for all beneficiaries equally - to say the least. Not necessarily because I agree with everything in the book, but because of Reich’s simple, laymen explanation of the building blocks of the “free” market – property, monopoly, contract, bankruptcy and enforcement – and how those elements are, in fact, determined by the government. The most interesting part of Reich's argument is his firm rejection of "market-vs.-government" thinking. Mimi's review of Robert Reich's Saving Capitalism provides an excellent summary of the book. He mentions also the technological revolutions in AI that will replace more and more jobs with machines and robots, resulting in even more job losses. Read this book using Google Play Books app on your PC, android, iOS devices. ISBN 978-0-385-35057-0 Economist Robert B. Reich explains why in his latest book, and does so in a way non-economists can understand. The overview and analysis of the book’s key takeaways removes much of the mystique, and just might entice people to want to read it. Saving Capitalism is a well-written, thought-provoking book by one of America's leading economic thinkers and progressive champions. Buy my debut novella as an ebook here and paperback here. 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. To understand “Saving Capitalism,” Robert Reich’s sweeping treatise on inequality in America, you must accept a central premise: The free market is … It also analyzes reviews to verify trustworthiness. Writer, musician, activist, single father from Chicago. —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." Saving Capitalism is a very good guide to the state we’re in." 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. Hence, my decision to read Robert Reich. We made it easy for you to exercise your right to vote. Reich mostly ignores such questions in favor of a standard but engaging treatise on income and wealth inequality and the way large corporations, special interests, and wealthy individuals have gamed the system in their favor against the best interests of the majority of working and middle-class Americans. Despite Reich's sometimes unfounded optimism, I greatly enjoyed the book and highly recommend it to anyone interested in learning about the reality of income inequality and money in politics. An excellent summary of the government, through laws, regulations and proceedings. 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