Robert Reich's writes at robertreich.substack.com. His latest book is "THE SYSTEM: Who Rigged It, How To Fix It." He is Chancellor's Professor of Public Policy at the University of California at Berkeley and Senior Fellow at the Blum Center. He served as Secretary of Labor in the Clinton administration, for which Time Magazine named him one of the 10 most effective cabinet secretaries of the twentieth century. He has written 17 other books, including the best sellers "Aftershock,""The Work of Nations," "Beyond Outrage," and "The Common Good." He is a founding editor of the American Prospect magazine, founder of Inequality Media, a member of the American Academy of Arts and Sciences, and co-creator of the award-winning documentaries "Inequality For All," streaming on YouTube, and "Saving Capitalism," now streaming on Netflix.
Who Rigged It, and How We Fix It
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Why we must restore the idea of the common good to the center of our economics and politics
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A cartoon guide to a political world gone mad and mean

For the Many, Not the Few
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The Next Economy and America's Future
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Beyond Outrage:
What has gone wrong with our economy and our democracy, and how to fix it
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The Transformation of Business, Democracy, and Everyday Life
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Why Liberals Will Win the Battle for America
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A memoir of four years as Secretary of Labor
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“Why Public Education is More Important Than Wall Street, and What We Must Do”
All over America right now, public education is in crisis. Teachers are being fired as next year’s school budgets shrink. Next fall’s classrooms will be far more crowded. Some districts are going to four-day weeks. And the nation’s public universities are in deep trouble.
The answer is for the federal government to bail out public education until state and local revenues return as the economy strengthens.
After all, the government bailed out Wall Street. What our kids learn – America’s human capital – is more important to our economy than Wall Street’s financial capital.
In addition, we should rebalance the economy away from finance and toward people. Congress should enact a small one-half of one percent transfer tax on all financial deals. This might slow down Wall Street a bit but generate $200 billion a year for our public schools and universities.
Last year, America’s top 25 hedge fund managers earned an average of $1 billion each – enough to pay for 20,000 teachers.
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