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Robert Reich, former U.S. Secretary of Labor and Professor of Public Policy at the University of California at Berkeley, has a new film, "Inequality for All," to be released September 27. He blogs at www.robertreich.org.
(1 comments) SHARE Tuesday, August 11, 2020 Trump and Kodak
The White House is distributing billions in subsidies and loans to select corporations -- enabling CEOs and boards to load up on stocks and stock options just before deals are announced, then rake in fat profits after stock prices surge.
SHARE Tuesday, July 21, 2020 The Real Choice: Social Control or Social Investment
Social-control societies put substantial resources into police, prisons, surveillance, immigration enforcement, and the military. Social-investment societies put more resources into healthcare, education, affordable housing, jobless benefits, and children.
SHARE Friday, July 17, 2020 When Bosses Shared the Profits
After the bruising crises we're now going through, it would be wonderful if we could somehow emerge a fairer nation. One possibility is to revive an old idea: sharing the profits.
(1 comments) SHARE Tuesday, July 14, 2020 Corporate Hypocrisy on Racism
Wall Street banks and corporate executives have wasted no time trying to establish themselves as allies of the Black Lives Matter movement, professing support for the historic protests against police killings of Black people.
(1 comments) SHARE Thursday, July 9, 2020 Monopoly Mayhem: Corporations Win, Workers Lose
This is all about power. The good news is that rebalancing the power of workers and corporations can create an economy and a democracy that works for all, not just a privileged few.
SHARE Wednesday, July 8, 2020 Brace Yourself for Trump's Great Recession
The wave of evictions and foreclosures in the next two months will be unlike anything America has experienced since the Great Depression. And unless Congress extends extra unemployment benefits beyond July 31, we're also going to have unparalleled hunger.
(2 comments) SHARE Sunday, June 28, 2020 Layoffs
While millions of Americans have lost their jobs during this pandemic, America's billionaires have grown their wealth by more than $500 billion. It's never been more clear: Profit-sharing needs to make a comeback.
(3 comments) SHARE Tuesday, June 23, 2020 America is Exceptional in All the Wrong Ways
It's decades of America's failure to provide its people the basic support they need, decades of putting corporations' bottom lines ahead of workers' paychecks, decades of letting the rich and powerful pull the strings as the rest of us barely get by.
(2 comments) SHARE Sunday, June 21, 2020 Who's Really Looting America?
Every year, American employers steal a combined $15 billion in income from their workers, whether white, black or brown. Corporations in America are also looting billions in taxes through loopholes, write-offs, and special exemptions they've successfully lobbied for.
SHARE Friday, June 19, 2020 7 Ways 2020 Has Exposed America
We can no longer accept piecemeal reforms of our broken systems. We need to reimagine a political and economic system that values humanity and builds prosperity for every American. Let's get to work.