This is the book-length statement of Reich’s thesis in the class I took with him at Berkeley, “Wealth and Poverty”: Capitalism is not bad, it’s just broken, and needs to be tweaked in significant ways. Mostly, it is an argument for more regulation and smarter regulation of corporations, and a separation of business from politics. Makes sense to me. The book also explains (very broadly) where our current political economy came from and why, looking at the numbers, Reich thinks it is broken. All that’s missing is a solution.
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