Jeff Lacy

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Robert Reich, a former Clinton-era Labor secretary, underwent a similar disillusionment at exactly the same historical moment. “For a quarter century,” he now admitted, “I’ve offered in books and lectures an explanation for why average working people in advanced nations like the United States have failed to gain ground and are under increasing economic stress.” He had pitted an interventionist state against the forces of globalization and technological change. What Reich now recognized was that much of this was “insufficient,” if not “beside the point,” because it overlooked a “critically ...more
Crashed: How a Decade of Financial Crises Changed the World
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