All Robert Reich
- Opinion: Ending the vicious cycle of wealth and power
The future of American democracy may not be dependent on who wins the presidential election. A mass movement by citizens is needed to redistribute the power back into the hands of the average American.
- Opinion: Martin Shkreli is just one example of excess in a rotten system
Martin Shkreli was arrested last week for deceiving investors, but gained the ire of many for ramping up the price of medications for profit. The markups were legal – evidence of a flawed system that needs changing.
- The anxious class poised to revolt
After years of declining wages and increasing costs of living, the middle class has become the anxious class. It's possible the group will be drawn into electing a strongman who promises to protect the people from Wall Street, China, and politics as usual.
- Opinion: 158 families are buying American democracy
Half of all money donated to presidential candidates so far has come from 158 wealthy families. The concentration of political donations suggests those with the means to donate large amounts of money are being disproportionately represented over the average American.
- Opinion: Paul Ryan's seven terrible ideas
Paul Ryan's new plan for the House Republican agenda is filled with ideas that would set back the United States. Here are the seven ideas and why they are bad.
- What to do with disloyal companies
The American tax payers will pay $19.5 billion over the next decade as a result of tax inversions, like Pfizer's merge with Ireland's Allergan. The best way to treat disloyal companies that leave America for lower corporate tax may be to treat them like foreign companies.
- Opinion: Why hate speech by presidential candidates is despicable
Presidential candidates should act according to a higher standard. They should not be fueling or inciting hatred to win political points.
- How to stop the share economy from harming workers
The economy is shifting. The "share economy" will see over 40 percent of Americans working as freelancers, temporary workers, self-employed, or contract workers in five years. The US can maintain a flexible economy, while taking the burdens and risks associated with uncertain work off the workers.
- Opinion: Five prerequisites for war against ISIS
War with ISIS seems to be growing closer. If America does go to war, it must be sure to maintain the values that it is defending and share the responsibility among its entire population.
- Opinion: Circus politics is perilous for America
Circus politics is characterized by clowns for candidates and showmanship over leadership and ability. The end result could be a clown as president.
- Republicans and Democrats agree on the ills of money in politics
Robert Reich, a liberal economist, found unexpected consensus among conservative voters in 'red' states: Big money in politics is squeezing the average worker.
- Is the American market rigged?
The American market is rigged for upward redistribution of wealth. The wealthy corporations and individuals have the financial and political clout to change laws to benefit themselves.
- What makes a leader?
In this presidential race, leaders and demagogues from both sides of the political spectrum can be seen. It's important to support the leaders who hope to build bridges and distance ourselves from the leaders who seeks to exploit fear.
- Opinion: The case for a $15 minimum wage is a moral one
$15 might put us in unchartered fiscal waters, but there is a moral argument for increasing the minimum wage.
- Four myths about immigrants
Immigration is a hot topic at the moment and, in the US, presidential candidates are increasingly talking about the issue. Here are four myths that have been thrown out against immigration.
- Opinion: Three reasons Republican deficit hawks are wrong
Deficit hawks are in the midst of spinning out scare tactics to gain support for a government shutdown in exchange for budget cuts. Here are three reasons why we need the deficit ceiling to be raised and more people working.
- Opinion: Break up the banks
Giant Wall Street banks are a threat to most Americans. The best way to solve the issue of too-big-to-fail is by breaking up the banks into manageable sizes.
- Opinion: The Washington Post's attack on Bernie Sanders is bunk
The Washington Post has published articles criticizing Bernie Sanders. The arguments made typically leave out vital information and alternatives.
- Opinion: Donald Trump is what's wrong with American bankruptcy laws
The bankruptcy laws were originally attended to assist people who cannot pay their debts. More recent bankruptcy laws have been shaped and utilized by large corporations and wealthy political benefactors, like Donald Trump.
- Opinion: Why we must end upward pre-distrubtions to the rich
The most important political competition over the next decades will not be between the right and left, or between Republicans and Democrats. It will be between a majority of Americans who have been losing ground, and an economic elite that refuses to recognize or respond to its growing distress.