Supercapitalism refers to either: Supercapitalism (modern), a concept proposed in Supercapitalism: The Transformation of Business, Democracy, and Everyday Life, a book written by Robert Reich. Supercapitalism: The Transformation of Business, Democracy, and Everyday Life [Robert B. Reich] on *FREE* shipping on qualifying offers. But as Robert B. Reich makes clear in this eye-opening book, while supercapitalism is Reich sets out a clear course to a vibrant capitalism and a concurrent.
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Instead of firms owning factories, factories compete for firms’ production supeercapitalism. The first step, which is often the hardest, is to get our thinking straight. It was a positive feedback loop that floated all boats.
Why on earth would any company do this? Reich has a talent for making economics accessible and sometimes even fun.
Supercapitalism: The Transformation of Business, Democracy, and Everyday Life – Wikipedia
What happened, as everyone knows, is that all this was undone. He makes clear how the reicn traditionally used to temper America’s societal problems – fair taxation, well-funded public education, trade unions – have withered as supercapitalism has burgeoned.
Sep 12, John rated it it was amazing Recommends it for: Sep 09, Pages Buy.
Our laws that govern how money can be spent in elections make money an effective substitute for legislative virtue. It is a “have your cake and eat it too” principle that most people subscribe too without even knowing the two sides conflict. Instead of guarding democracy against the disturbing side effects of supercapitalism, many reformers have set their sights on changing the behavior of particular companies—extolling them for being socially virtuous or attacking them for being socially irresponsible.
Download our Spring Fiction Sampler Now. Dec 30, Tiffoknee the 3rd Conner rated it really liked it. This book should put that sipercapitalism to rest. Back to the book, Reich gives us a chapter on the history of government regulation and how it has tried to “ensure that capitalism served the people.
People have less individual power at the voting booth, candidates are less rech to the needs of their constituents and government expends its efforts serving the businesses who bank roll their careers rather than the pu In Supercapitalism Robert B.
We want a sustainable environment.
Supercapitalism by Robert B. Reich |
It’s interesting, and worth reading if you find supercapitalims subject interesting, but it would have been significantly more enjoyable if it was tightened up. The end result is the monolithic super Reich takes a nuanced view of economics which challenged my thinking and eventually won me over although I wish he would have given more in the way of solutions than the final fifteen pages.
The market is needed, Reich argues echoing Milton Friedman because dissent is undermined if one cannot dissent and also buy bread without government funds. Dec 18, Hemanth rated it really liked it. I wish I were so privileged as to have an opportunity to take a supercapittalism with him at Berkeley. Previously, businesses served many purposes: Computers, standardized shipping containers, advances in supply chain management and a flurry of other technological innovations have removed those market inefficiencies.
The deals my involve trampling human rights abroad or putting young children to work in Reicy Asia.
Our laws enable corporations to influence politicians through professional lobbying and campaign contributions. Second, he knocks down several arguments. They are only concerned with making money for their investors.
His ‘driveway moment’ suggestions included eliminating the corporate income tax, putting lobbyist contributions into blind trusts so politicians could not know who gave what, preventing punitive fines on corporate malfeasance, eliminating the ability of corporations to challenge business-limiting regulations, and not giving tax advantages to corporations who keep their headquarters in the United States.
We appeal to personal responbility alone. Now, for the part I found less convincing. See all reviews. Although Reich is probably supercaptialism heavily left-wing in the ideological rift of US politics, his look at economics is nuanced and appealing to readers who do not subscribe with such rhetorical supercapitqlism.
Apr 15, Jens rated it really liked it. With this diversity in the market, there’s more pressure than ever for individual co An excellent read. But in his book, SupercapitalismReich describes the forces in the US that are driving reifh changes and how we, as consumers, stock holders, and employees play a distinct and sometimes contrary role.
I’ve already gone on too much about this book. It’s a short read. We can have a vibrant democracy as well as vibrant capitalism. We do this, again, by our support, or lack of support, of stocks and products. What makes it a great read is that it is an excellent analysis of How and Why We Got Here, with a great deal more depth backed up with data and documented sources than we will ever get from our impoverished political process.
Definitely some interesting points raised in this book – excellent in audio and a great book for a stimulating discussion. How are these bad trends connected to the good ones? Wal-Mart pays its employees minimum wage because that’s the legal minimum they must pay.