Aftershock: The Next Economy and America's Future
Updated for paperback publication, Aftershock is a brilliant reading of the causes of our current economic crisis, with a plan for dealing with its challenging aftermath. When the nation’s economy foundered in 2008, blame was directed almost universally at Wall Street bankers. But Robert B....
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Updated for paperback publication, Aftershock is a brilliant reading of the causes of our current economic crisis, with a plan for dealing with its challenging aftermath. When 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 wealth in the hands of the richest Americans, while stagnant wages and rising costs have forced the middle class to go deep into debt. Reich’s thoughtful and detailed account of where we are headed over the next decades—and how we can fix our economic system—is a practical, humane, and much-needed blueprint for restoring America’s economy and rebuilding our society.
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Format: paperback
ISBN:
9780307476333 (0307476332)
Publish date: April 5th 2011
Publisher: Vintage
Pages no: 208
Edition language: English
Pretty good book. Even for someone like me who doesn't enjoy reading about economics all that much. He presents everything in a fairly simple way and at only 146 actual pages it's not a grueling read. I strongly disagree with a couple of the measures he proposes in the 'What Should Be Done' porti...
So clear-cut and readable. Reich's core argument is that the middle class can no longer get ahead; wages are (and have been for far too long) stagnant, unemployment is rising, and our debt load is crushing. There's therefore no incentive for what conservatives are currently calling "the job creato...
I didn't agree with everything Mr Reich had to say but I really appreciated that this book made me think. I also thought it was incredibly lacking in party politics.
Reich cuts through all the spin and clearly diagnoses causes/effects of economic policies. His solutions feel aimed right at the heart of everyday hard working folks' dilemnas.
Excellent read about America's future! "But we did not learn the larger lesson of the 1930's: that when the distribution of income gets too far out of whack, the economy needs to be reorganized so the broad middle class has enough buying power to rejuvenate the economy over the longer term." "Until ...