Saving capitalism
Subtitle: for the many, not the few
By: Robert B. Reich
Edition: First edition.
Publisher: Alfred A. Knopf
Published: 2015
Language: eng
Number of pages: 279
ISBN-13: 9780385350587; 9780345806222; 9780385350570
Copyright date: 2015
Subjects: Economic aspects; Democracy; Income distribution; Capitalism
Description: Outlines how the American economic system is failing, with increasing income inequality and a shrinking middle class, and reveals how a market designed for broad prosperity can reverse the trend toward diminished opportunity. --Publisher
Notes: Includes bibliographical references and index.
Table of contents: title: The free market. The prevailing view ; The five building blocks of capitalism ; Freedom and power ; The new property ; The new monopoly ; The new contracts ; The new bankruptcy ; The enforcement mechanism ; Summary : the market mechanism as a whole; title: Work and worth. The meritocratic myth ; The hidden mechanism of CEO pay ; The subterfuge of Wall Street pay ; The declining bargaining power of the middle ; The rise of the working poor ; The rise of the non-working rich; title: Coutervailing power. Reprise ; The threat to capitalism ; The decline of countervailing power ; Restoring countervailing power ; Ending upward distribution ; Reinventing the corporation ; When robots take over ; The citizen's bequest ; New rules.