A hundred years ago, the country experienced a backlash against concentrated wealth and power. Will it happen again?
Robert Reich
Robert B. Reich, a co-founder of The American Prospect, is a professor of public policy at the Goldman School of Public Policy at the University of California at Berkeley. He is the author of Saving Capitalism: For the Many, Not the Few, one of the books featured in the Prospect’s High School Essay Contest.
Posted inEconomic Policy
Remember Your Salary Doubling? Oh Wait…
Forget income tax: A wealth tax on the richest 0.5 percent could help save the middle class.
Posted inMoney, Politics, and Power
Don’t Count on a Sane GOP
What’s Obama’s strategy when the debt ceiling has to be raised, if Republicans haven’t relented?
Posted inMoney, Politics, and Power
Obama’s Options on 2013’s Big Issues
It’s a fair argument that when the nation is jeopardized—whether in danger of defaulting on its debts or succumbing to mass violence—a president is justified in using his authority to the fullest.
Posted inMoney, Politics, and Power
A Lousy Deal on the Edge of the Fiscal Cliff
Details of the agreement reached by the president and congressional Republicans are still forthcoming, but from the look of it, Obama gave ground where he need not have.
Posted inMoney, Politics, and Power
Obama’s Unwise, Unnecessary Concessions
The president can win the fiscal-cliff standoff by simply letting the Bush tax cuts expire and then passing a middle-class cut. Why instead is he negotiating with Republicans?
Posted inMoney, Politics, and Power
Drinking the Deficit-Reduction Kool-Aid
Obama was re-elected on a platform of creating jobs. Why is this not the focus of the fiscal-cliff talks?
Posted inMoney, Politics, and Power
The Billionaires’ Long Game
Why wealthy political investors will keep pouring money into politics—until they’re stopped
Posted inMoney, Politics, and Power
The Fiscal Cliff Proxy War
The current battle in Washington over taxes and government spending is really about how—and whether—to combat the decline of the middle class.
Posted inMoney, Politics, and Power
Forget the Fiscal Cliff—We’ve Got Other Problems
If we had a functional government, America would address these three problems posing far greater danger to us than the fiscal one.
