Tales of a New America
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About this ebook
Robert B. Reich
Robert B. Reich is Chancellor's Professor of Public Policy at the Goldman School of Public Policy at the University of California, Berkeley. He has served in three national administrations and has written fifteen books, including The Work of Nations, which has been translated into twenty-two languages, and the best sellers The Common Good, Saving Capitalism, Supercapitalism, and Locked in the Cabinet. His articles have appeared in the New Yorker, the Atlantic, the New York Times, the Washington Post, and the Wall Street Journal, and he writes a weekly column for the Guardian and Newsweek. He is co-creator of the award-winning film Inequality for All, and the Netflix original Saving Capitalism, and co-founder of Inequality Media. He lives in Berkeley.
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Reviews for Tales of a New America
3 ratings1 review
- Rating: 4 out of 5 stars4/5Reich tells the story 20 years ago; some things have come home to roost, others challenges persist. Reich offers (if not introduces) a third way, between state-run liberal bureaucracy and laissez faire capitalism. He advocates for a market and political system where the government sets the rules, and leaves the picking of the winners to the market. His ideas are being tested now.Reich makes his point by reviewing four American myths, three of which are * The Rugged Individual * The Supportive Community -- check me on this one, * The Rot at the TopI'll "have to get back to you" on the third in his list. In each of the myths, he details how the right and the left have personalized the myth to promote their own view and discount the other. His approach draws contemporary praise from the Wall St Journal, where they laud his challenge to the left. Reich deftly steers what we on the left would call a "middle course", between the extremes. For example, his "Rot at the Top", as used by conservatives, refers to the government bureaucracy, and for us on the left, it's the corporate oligarchy. Reich, writing in '86 - '87, anticipating the election of '88, reflecting on Reagan's "government is the problem" view, argues that both extreme views fail to hold up in the latter half of the 20th century. He is persuasive (to this liberal, anyway) that the middle way is for government to supply the regulation, the market may then play the game. For example, he notes the outcome of the deregulation of the airline industry, while it led to the dismissal of the air traffic controllers, also freed the airlines to compete and hold down fares. He didn't anticipate the growth of short-haul airlines, as such, but his vision can still be applied to the other problems he visits. And in one more i'll-have-to-get-back-to-you, Reich proposes regulation of the public-private nature that is finally coming to be regarded as common place.