Aftershock: The Next Economy and America's Future

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Vintage Books, 2011 - Business & Economics - 174 pages
24 Reviews

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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Review: Aftershock: The Next Economy and America's Future

User Review  - Rajesh Kurup - Goodreads

Reich makes a very coherent concise argument that the biggest threat to America's economy is income inequality. Reich's book came out shortly after the financial crisis and it shows. His premise is ... Read full review

Review: Aftershock: The Next Economy and America's Future

User Review  - Loren - Goodreads

The politically liberal democratic capitalist seems to think that a certain level of social inequality can be tolerated. That it is simply a matter of begining the discussion as to the range of wealth ... Read full review

Contents

INTRODUCTIONS The Pendulum
1
Eccless Insight
9
Parallels
18
The Basic Bargain
28
Why Policymakers Obsess About the Financial
39
How We Got Ourselves into the Same
50
IO VVhvChinaWontSave Us
69
The 2020 Election
79
Why CantWe Be Contentwith Less? 35
92
Outrage at a Rigged Game ll
101
The Politics ofAnger
114
A New Deal
127
la How It Could Get Done
141
Acknowledgments
147
Index
163
Copyright

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About the author (2011)

Robert B. Reich is Chancellor's Professor of Public Policy at the Richard and Rhoda Goldman School of Public Policy at the University of California, Berkeley. He has served in three national administrations, most recently as secretary of labor under President Bill Clinton. He has written twelve books, including The Work of Nations, which has been translated into twenty-two languages, and the best seller Supercapitalism. His articles have appeared in The New Yorker, The Atlantic, The New York Times, The Washington Post, and The Wall Street Journal. He is also cofounding editor of The American Prospect magazine and provides weekly commentaries on public radio's Marketplace. He lives in Berkeley and blogs at www.robertreich.org.

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