In a world where routine production is footloose...competitive advantage lies not in one-time breakthroughs but in continual improvements. Stable technologies get away. Robert Reich More Quotes by Robert Reich More Quotes From Robert Reich I think the big problem is you have a vicious cycle of wealth and power in America that`s just gotten completely out of control and you`ve seen it in politics. Robert Reich problemamericathinking Inequality is bad for everyone, not just the middle class and the poor. Robert Reich middlepoorclass We already have an annual wealth tax on homes, the major asset of the middle class. It's called the property tax. Why not a small annual tax on the value of stocks and bonds, the major assets of the wealthy? Robert Reich why-nothomeclass Median wages of production workers, who comprise 80 percent of the workforce, haven't risen in 30 years, adjusted for inflation. Robert Reich workerswagesyears I think re-engineering or restructuring or downsizing or rightsizing or whatever you want to call it, it's basically firing, has gone way too far. Employees, as I've talked to them across the country, feel that they are not respected, they are not valued, they are worried about their jobs. They simply feel that the company is no longer loyal to them. Why should they be loyal to the company, they ask me. Why should I go the extra mile? Why should I care? Robert Reich businessjobscountry Most Americans are on a downward escalator. Median wage in the United States, adjusted for inflation, keeps on dropping. Robert Reich inflationdroppingunited-states What we really need to understand here is that it`s all about power. This is where the surge is coming from for Bernie Sanders. In some ways, it`s a very different - it`s a different surge, but it`s coming out of the same sort of sense of fundamental powerlessness and anger and frustration for Donald Trump. Robert Reich frustrationdifferentneeds The Trans Pacific Partnership (and fast-track authority to whisk it through Congress without debate) is fast approaching. If you haven't seen our video about it, please watch. If you have, please share. And mobilize and organize friends and colleagues to call their senators and representatives to tell them to vote against this reprehensible deal. Robert Reich videotrackwatches The dirty little secret is that both houses of Congress are irrelevant. ... America's domestic policy is now being run by Alan Greenspan and the Federal Reserve, and America's foreign policy is now being run by the International Monetary Fund [IMF]. ...when the president decides to go to war, he no longer needs a declaration of war from Congress. Robert Reich runningwardirty America's real business leaders understand unless or until the middle class regains its footing and its faith, capitalism remains vulnerable. Robert Reich realclassamerica If leadership is about anything, it's about leading. Not leading people back to where they already are, because they don't need that. They're already there. Robert Reich ifspeopleneeds The Democratic Party is DEAD. Robert Reich democratic-partydemocraticparty I mean, you hear the word 'globalization' over and over and over again. Globalization, globalization, globalization. Rarely has a word gone so directly from obscurity to meaninglessness without any intervening period of coherence. Robert Reich obscuritygonemean A lot of attention has been going to social values - abortion, gay rights, other divisive issues - but economic values are equally important. Robert Reich social-valuesgayrights The key to understanding the rise in inequality isn't technology or globalization. It's the power of the moneyed interests to shape the underlying rules of the market. Robert Reich technologyunderstandingkeys Socialism for rich bankers and capitalism for everyone else. Robert Reich socialismrichbankers Cutting taxes is not bad. But if you cut taxes on the wealthy, which is what they wanted to do, you're not helping people who need better schools and better infrastructure and healthcare. You're basically robbing the middle class and the poor to provide tax cuts to the rich. Robert Reich cuttingclassschool The silent majority really is a liberal majority, even though the word liberal has taken a real beating over the last 20 years by radical conservatives. Robert Reich takenrealyears True patriotism isn't cheap. It's about taking on a fair share of the burden of keeping America going. Robert Reich memorial-dayremembranceamerica I started in the law; and the study of law, when it precedes the study of economics, gives you a set of foundation principles about how human beings interact. Economics is very useful, and I studied economics in graduate school. But without understanding the social and organizational context of economics, it becomes a theory without any groundwork. Robert Reich understandinggivingschool
