Robert Reich
Robert Reich
Robert Bernard Reichis an American political commentator, professor, and author. He served in the administrations of Presidents Gerald Ford and Jimmy Carter and was Secretary of Labor under President Bill Clinton from 1993 to 1997...
NationalityAmerican
ProfessionEconomist
Date of Birth24 June 1946
CountryUnited States of America
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The Tea Party is but one manifestation of a widening perception that the game is rigged in favor of the rich and powerful.
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The 'free market' is the product of laws and rules continuously emanating from legislatures, executive departments, and courts.
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Corporations aren't people. They have no brains, no consciences, no capacity for intent or guilt.
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Conservatives believe the economy functions better if the rich have more money and everyone else has less. But they're wrong. It's just the opposite.
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The job creators are members of America's vast middle class and the poor, whose purchases cause businesses to expand and invest.
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The generosity of the super-rich is sometimes proffered as evidence they're contributing as much to the nation's well-being as they did decades ago when they paid a much larger share of their earnings in taxes.
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Sugary drinks are blamed for increasing the rates of chronic disease and obesity in America. Yet efforts to reduce their consumption through taxes or other measures have gone nowhere. The beverage industry has spent millions defeating them.
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If we want corporations to act differently, we have to force them to do so through laws that are fully enforced and through penalties higher than the economic benefits of thwarting the laws.
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Patagonia, a large apparel manufacturer based in Ventura, California, has organized itself as a 'B-corporation.' That's a for-profit company whose articles of incorporation require it to take into account the interests of workers, the community, and the environment, as well as shareholders.
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As long as the big banks are allowed to remain big, their political leverage over Washington will remain big. And as long as their political leverage remains big, the taxpayer and economic tab for the next mess they create will be big.
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Yes, the rich will find ways to avoid paying more taxes, courtesy of clever accountants and tax attorneys. But this has always been the case, regardless of where the tax rate is set.
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Employers have to understand that if they want to attract and keep good people, they've got to treat those people as whole people who have lives outside work,
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Almost a third of these people were below the poverty line, ... would have to include a broad-based plan to revive business, industries and jobs.
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Your most precious possession is not your financial assets. Your most precious possession is the people you have working there, and what they carry around in their heads, and their ability to work together.