America was once celebrated for and defined by its large and prosperous middle class. Now, this middle class is shrinking, a new oligarchy is rising, and the country faces its greatest wealth disparity in eighty years. Why is the economic system that made America strong suddenly failing us, and how can it be fixed?
Leading political economist and bestselling author Robert B. Reich presents a paradigm-shifting, clear-eyed examination of a political and economic status quo that no longer serves the people, exposing one of the most pernicious obstructions to progress today: the enduring myth of the “free market” when, behind the curtain, it is the powerful alliances between Washington and Wall Street that control the invisible hand. Laying to rest the specious dichotomy between a free market and “big government,” Reich shows that the truly critical choice ahead is between a market organized for broad-based prosperity and one designed to deliver ever more gains to the top. Visionary and acute,Saving Capitalismilluminates the path toward restoring America’s fundamental promise of opportunity and advancement.Praise for Robert B. Reich’sSaving Capitalism
APublishers WeeklyBusiness & Economics Top 10 selection for Fall 2015
Ambitious. . . . Reich makes a very good case that widening inequality largely reflects political decisions that could have gone in very different directions. . . . Saving Capitalismis a very good guide to the state we’re in. —The New York Review of Books
“If you want to understand why income and wealth inequality are the economic, political, and moral issues of our time, you must read this book. Robert Reich is one of the best economists in modern American history. This book is a roadmap on how to rebuild the middle class and fix a rigged economy that has been propped up bylcÅ