Aftershock The Next Economy and America'a Future

ISBN-10: 0345807227
ISBN-13: 9780345807229
Edition: N/A
Authors: Robert B. Reich
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Description: Updated and With a New IntroductionWhen the nation’s economy foundered in 2008, blame was directed almost universally at Wall Street bankers. But Robert B. Reich, one of our most experienced and trusted voices on public policy, suggests another  More...

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Book details

List price: $21.95
Publisher: Knopf Doubleday Publishing Group
Publication date: 9/24/2013
Binding: Paperback
Pages: 208
Size: 5.25" wide x 8.00" long x 0.50" tall
Weight: 0.484
Language: English

Updated and With a New IntroductionWhen the nation’s economy foundered in 2008, blame was directed almost universally at Wall Street bankers. But Robert B. Reich, one of our most experienced and trusted voices on public policy, suggests another reason for the meltdown. Our real problem, he argues, lies in the increasing concentration of income at the top, robbing the vast middle class of the purchasing power it needs to keep the economy going. This thoughtful and detailed account of the American economy—and how we can fix it—is a practical, humane, and much-needed blueprint for rebuilding our society.

Robert B. Reich is a writer, educator, politician, and advisor. He was born in Scranton, Pennsylvania on June 24, 1946. He earned a B.A. at Dartmouth College in 1968 and received a Rhodes scholarship to attend Oxford University, where he earned his M.A. in 1970. In 1973, he received his J.D. from Yale University. Reich was an assistant to the Solicitor General in the U.S. Department of Justice from 1974 to 1976. He directed the policy planning staff of the Federal Trade Commission from 1976 to 1981 and taught on the faculty of Harvard University's John F. Kennedy School of Government from 1981 to 1992. He served as the 22nd Secretary of Labor from 1993 to 1997 under President Bill Clinton. He became the University Professor and the Maurice B. Hexter Professor of Social and Economic Policy at Brandies University in 1997. He is currently the Chancellor's Professor of Public Policy at the Goldman School of Public Policy at the University of California, Berkeley. Regan has had articles published in every major newspaper in the United States, as well as many magazines. He has written numerous books including Locked in the Cabinet, Reason: Why Liberals Will Win the Battle for America, Supercapitalism: The Transformation of Business, Democracy, and Everyday Life, and Aftershock: The Next Economy and America's Future. In 2003, he was awarded the Vaclev Havel Foundation Prize for his pioneering work in economic and social thought.

Introduction
The Broken Bargain
Eccles's Insight
Parallels
The Basic Bargain
How Concentrated Income at the Top Hurts the Economy
Why Policymakers Obsess About the Financial Economy Instead of About the Real One
The Great Prosperity: 1947-1975
How We Got Ourselves into the Same Mess Again
How Americans Kept Buying Anyway: The Three Coping Mechanisms
The Future Without Coping Mechanisms
Why China Won't Save Us
No Return to Normal
Backlash
The 2020 Election
The Politics of Economics, 2010-2020
Why Can't We Be Content with Less?
The Pain of Economic Loss
Adding Insult to Injury
Outrage at a Rigged Game
The Politics of Anger
The Bargain Restored
What Should Be Done: A New Deal for the Middle Class
How It Could Get Done
Afterword
Appendix
Acknowledgments
Notes
Index

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