Professor Reich's book "Saving Capitalism: - For the Many Not The Few" is well worth reading. Another one that is really worth reading is Professor Richard Wolff's book "Democracy at Work". Both outline what is broken with our current system and propose a way to fix it to rebuild the American middle-class.
This is one of the most important speeches I have ever heard. Why can't Robert Reich run for president? What's the catch? We need him! I want him. I will vote for him. Go Bob... What else is there? You don't live forever...
Reich's documentary "Inequality For All" is also spot on, and is a good visual representation of how we got to this high level of inequality. You can rent it on iTunes, Amazon Video, Google Play, etc... It's interesting how Sanders AND Trump supporters want the same revolution but can't come together to completely outnumber support for the establishment.
8 лет назад+20
I love how Reich basically endorses Bernie Sanders for President, during the Q&A session (minute 58:27), and explains why he is the best option to channel all the frustration that most people in the USA are experiencing today as a result of the money influence in politics and all the corruption. Go Bernie !!! :)
in the USA Corporations run the Government. we need to turn this around and have a DEMOCRATIC Government regulate the corporations and not allow Pharma and Corrupt Corporations to rip off the citizens of the USA. we also need to make big companies and wealthy people pay their fair share of TAXES!
I agree with Dr. Reich 97% The other 3% does. Not stoo me from believing in his sincerety and honesto desire for a better country opposing such obscene inequality. Right con prof.!!!
Today the 1% own more than the 99% as a direct result of trickle down economics. If we reversed and did the opposite like any farmer and used trickle up economics fertilizer we would immediately shift the focus to the poorest weakest neediest. As America is 1 body the air water food should go to wherever it is needed the most not the greediest of, wanting the most and needing the least. Just use the analogy of the weakest link in the chain. If the bottom 99% have no disposable wealth there is no demand for products thus no need to hire or expand. Today people invest in stocks instead of people. Christianity plus prosperity doctrine equals greed as proof of righteousness. Simple logic sound reasoning and common sense all 3 have left the building. Greed Fear and hatred seem to be the ones running the show and calling the shots. The sky is falling so buy gold and ignore basic ethics and morality is what the media seems to be saying.
Here on youtube if you search for Robert Reich the second result is “robert reich height”. That means that a lot of people are curious about his height. Now, why I assume that these people they do not interest about the substance of his opinion? I believe that curiosity should be the eighth deadly sin (curiosity killed the cat…). So keep on dying to learn the height of Robert Reich and live aside what he says.
Reich is great. I love how he advocates for the poor and middle class. However I’m only with him 97%. From what videos I’ve seen so far he doesn’t mention worker co-ops. He doesn’t talk about who owns the means of production. Since he seems to want to “fix” capitalism, I assume he feels that the 1% should retain ownership of the means of production. That we need to leave the 1% with the power, we just need to have _more_ grassroots power than they have. But historically we know this doesn’t work. As sweeping as the New Deal was, as long as the capitalists are left in power the reforms will eventually be eroded as they in fact were. Minimum wage and labor unions are decimated; tax laws favor the rich. Reich says the question we should ask is whether the system is working for all of us. Well, you might say it appeared to work for all of us from 1945 to 1970. At least the middle class did well enough. But does he want to go back to the 1950’s? I don’t. Because the 1950’s eventually led to 2008. And it will again unless we change things _fundamentally_. We cannot just tweak the laws to be the same as they were then. I have not read his book so I may not be completely understanding him. But I don’t see how any solution he put forth is different than what has already been done before and didn’t last.
Robert Reich... I find you amazing! A man who has held the positions you have held... I will have to tell you. I totally laugh listening to you!~You SHOULD know how to fix it~and YOUR puzzeled as to how to fix it? LOL.. Well, your never going to fix a puzzel when you don't have all the pieces of the puzzel! Your missing a piece ok? Its a 3 piece puzzel NOT a two piece puzzel is why your not able to solve it and your trying to jam 2 pieces and understand "why can't it work right"?~but let me hand you the 3rd piece so you CAN solve it.. Ready? Here are the 3 pieces. 1. Capitalist Economic System 2. Democratic Goverment/political System and the 3rd piece of the puzzel IS....3.The Fiat monetary system ... We use 3 systems NOT just 2... and it is that 3rd piece that has gotton the system messed up and rigged so all the money goes to the 1% instead of the 2/3rd democratic majority of our political system we use. Fiat system is a law system no longer based in metal(gold). Now laws decide where newly printed money goes BEFORE it even gets into the capitalist economic system. It comes off the printing presses and straight into the hands of ... BANKERS!~not ecomomists when economist should hand it out NOT bankers! Bankers ARE naturally bias and WILL send the newly printed dollars to the top EVERYTIME because it takes money to make money and the more you have the more you can make!~So there is every reason for Bankers to give it to Bankers!~Therein lies the problem... Stop giving the damn money to Bankers when it comes off the press automatically~because they are global bankers~who LIKE cheap Chinese labor and the businesses on WALL Street! They are bankers in business TO make money... in the capitalist economic system and NOT to pay for expensive labor~when cheap labor is GREAT for business and newly printed FIAT money~ and then you add to THAT.. every dollar printed IS debt to the US Treasury... then you add to that that on Wall Street BECAUSE of laws passed in Congress 1 in 4 corporations pay O in taxes to the debt over at the US Treasury... and add to that the 2/3 majority Main Street DOES have to pay the debt over at the Treasury.. the deck is so stacked against all of America's Main Streets for ONE Wall Street ...that most of Main Street having to move to Poverty Row because of that FIAT Money System!~ of laws passed to suit THEM!~ Its too late to go back to metals(gold) cause the 1% Lionshareholders ~have most of it too!~And anytime the 2/3 majority try to get ONE of those newly printed dollars... The 1% scream "Socialism".. but it not socialism at all.. It democratic for laws to be for the majority 2/3 and not all put into law JUST for the 1%..since we have a Fiat monetary system where laws the newly printed FIAT dollars are handed over to bankers THEN charge that debt to the US TREASURY then those Bankers~basically Fence it through a Giant Pyramid Scheme built at One Wall Street~making MAIN Street screwed FROM the printing presses~before it even gets into the "capitalist economic system".. Main Street gets screwed coming and going!~ The solution is to stop the presses ... Get some economist to control the money take the money from the bankers control over at the Federal Reserve and don't let them print any more Federal Reserve notes or set the value of the dollar or the interest rates... and move the dollar BACK into the Treasury and start printing Treasury notes to replace the Federal Reserve Notes. That the start of the fix!~I am not going to explain it all but that IS how it going to have to be fixed~because Bankers are like car salemen.. they can make money on a car... but you can't get them to work on the motor if its messed up!~Economists are like the mechanics... they can fix the motor of the economy so the capitalist economic system can run smooth.. if you work on it right!~and fix the Fiat monetary system that has HUGE problems~and sends all the money to the top 1% lionshareholders to.. "trickle it down" to the 99%... when it needs to literally RAIN money~not trickle at all ... cause nothing grows when all the moisture is in the clouds... and it trickles... that a damn drought.. sorry but it is and we need rain at this point!~
Right on. I've been saying this for years. This wealth inequality is unsustainable
I thoroughly enjoy reading and hearing what this man has to say. He is definitely paying attention. I wish more people would.
I
CEO's are NOT jobs creators....We The People are and have always been. FACTS
Professor Reich's book "Saving Capitalism: - For the Many Not The Few" is well worth reading. Another one that is really worth reading is Professor Richard Wolff's book "Democracy at Work". Both outline what is broken with our current system and propose a way to fix it to rebuild the American middle-class.
Thanks to the videographer for not cutting out at the end of the formal presentation -- The Q&A exchange at the end is quite valuable!
wow this has been out for months and only 16k views!!! this should be at a few million already... EVERYONE needs to see this!
This is one of the most important speeches I have ever heard. Why can't Robert Reich run for president? What's the catch? We need him! I want him. I will vote for him. Go Bob... What else is there? You don't live forever...
Reich's documentary "Inequality For All" is also spot on, and is a good visual representation of how we got to this high level of inequality. You can rent it on iTunes, Amazon Video, Google Play, etc... It's interesting how Sanders AND Trump supporters want the same revolution but can't come together to completely outnumber support for the establishment.
I love how Reich basically endorses Bernie Sanders for President, during the Q&A session (minute 58:27), and explains why he is the best option to channel all the frustration that most people in the USA are experiencing today as a result of the money influence in politics and all the corruption. Go Bernie !!! :)
in the USA Corporations run the Government. we need to turn this around and have a DEMOCRATIC Government regulate the corporations and not allow Pharma and Corrupt Corporations to rip off the citizens of the USA. we also need to make big companies and wealthy people pay their fair share of TAXES!
I agree with Dr. Reich 97% The other 3% does. Not stoo me from believing in his sincerety and honesto desire for a better country opposing such obscene inequality. Right con prof.!!!
good stuff, such a good sport with the questioning
He'd make a great stand up comedian
Great Man, He should have run for office years ago.
A true giant.
Mr Reich, These people are asking the question in a polite manner. What they are really asking is "What the fuck happened"?
Today the 1% own more than the 99% as a direct result of trickle down economics. If we reversed and did the opposite like any farmer and used trickle up economics fertilizer we would immediately shift the focus to the poorest weakest neediest. As America is 1 body the air water food should go to wherever it is needed the most not the greediest of, wanting the most and needing the least. Just use the analogy of the weakest link in the chain. If the bottom 99% have no disposable wealth there is no demand for products thus no need to hire or expand. Today people invest in stocks instead of people. Christianity plus prosperity doctrine equals greed as proof of righteousness. Simple logic sound reasoning and common sense all 3 have left the building. Greed Fear and hatred seem to be the ones running the show and calling the shots. The sky is falling so buy gold and ignore basic ethics and morality is what the media seems to be saying.
This is the real issue.... establishment v anti and working to change the government through reform
YES!
Guy is a very good guy
Here on youtube if you search for Robert Reich the second result is “robert reich height”. That means that a lot of people are curious about his height. Now, why I assume that these people they do not interest about the substance of his opinion? I believe that curiosity should be the eighth deadly sin (curiosity killed the cat…). So keep on dying to learn the height of Robert Reich and live aside what he says.
YES..................
God the questioning is horrible. Is this the first time those people asked anybody a question? Get to the point!!
Reich is great. I love how he advocates for the poor and middle class. However I’m only with him 97%. From what videos I’ve seen so far he doesn’t mention worker co-ops. He doesn’t talk about who owns the means of production. Since he seems to want to “fix” capitalism, I assume he feels that the 1% should retain ownership of the means of production. That we need to leave the 1% with the power, we just need to have _more_ grassroots power than they have. But historically we know this doesn’t work. As sweeping as the New Deal was, as long as the capitalists are left in power the reforms will eventually be eroded as they in fact were. Minimum wage and labor unions are decimated; tax laws favor the rich.
Reich says the question we should ask is whether the system is working for all of us. Well, you might say it appeared to work for all of us from 1945 to 1970. At least the middle class did well enough. But does he want to go back to the 1950’s? I don’t. Because the 1950’s eventually led to 2008. And it will again unless we change things _fundamentally_. We cannot just tweak the laws to be the same as they were then.
I have not read his book so I may not be completely understanding him. But I don’t see how any solution he put forth is different than what has already been done before and didn’t last.
Robert Reich... I find you amazing! A man who has held the positions you have held... I will have to tell you. I totally laugh listening to you!~You SHOULD know how to fix it~and YOUR puzzeled as to how to fix it? LOL.. Well, your never going to fix a puzzel when you don't have all the pieces of the puzzel! Your missing a piece ok? Its a 3 piece puzzel NOT a two piece puzzel is why your not able to solve it and your trying to jam 2 pieces and understand "why can't it work right"?~but let me hand you the 3rd piece so you CAN solve it.. Ready? Here are the 3 pieces. 1. Capitalist Economic System 2. Democratic Goverment/political System and the 3rd piece of the puzzel IS....3.The Fiat monetary system ... We use 3 systems NOT just 2... and it is that 3rd piece that has gotton the system messed up and rigged so all the money goes to the 1% instead of the 2/3rd democratic majority of our political system we use. Fiat system is a law system no longer based in metal(gold). Now laws decide where newly printed money goes BEFORE it even gets into the capitalist economic system. It comes off the printing presses and straight into the hands of ... BANKERS!~not ecomomists when economist should hand it out NOT bankers! Bankers ARE naturally bias and WILL send the newly printed dollars to the top EVERYTIME because it takes money to make money and the more you have the more you can make!~So there is every reason for Bankers to give it to Bankers!~Therein lies the problem... Stop giving the damn money to Bankers when it comes off the press automatically~because they are global bankers~who LIKE cheap Chinese labor and the businesses on WALL Street! They are bankers in business TO make money... in the capitalist economic system and NOT to pay for expensive labor~when cheap labor is GREAT for business and newly printed FIAT money~ and then you add to THAT.. every dollar printed IS debt to the US Treasury... then you add to that that on Wall Street BECAUSE of laws passed in Congress 1 in 4 corporations pay O in taxes to the debt over at the US Treasury... and add to that the 2/3 majority Main Street DOES have to pay the debt over at the Treasury.. the deck is so stacked against all of America's Main Streets for ONE Wall Street ...that most of Main Street having to move to Poverty Row because of that FIAT Money System!~ of laws passed to suit THEM!~ Its too late to go back to metals(gold) cause the 1% Lionshareholders ~have most of it too!~And anytime the 2/3 majority try to get ONE of those newly printed dollars... The 1% scream "Socialism".. but it not socialism at all.. It democratic for laws to be for the majority 2/3 and not all put into law JUST for the 1%..since we have a Fiat monetary system where laws the newly printed FIAT dollars are handed over to bankers THEN charge that debt to the US TREASURY then those Bankers~basically Fence it through a Giant Pyramid Scheme built at One Wall Street~making MAIN Street screwed FROM the printing presses~before it even gets into the "capitalist economic system".. Main Street gets screwed coming and going!~ The solution is to stop the presses ... Get some economist to control the money take the money from the bankers control over at the Federal Reserve and don't let them print any more Federal Reserve notes or set the value of the dollar or the interest rates... and move the dollar BACK into the Treasury and start printing Treasury notes to replace the Federal Reserve Notes. That the start of the fix!~I am not going to explain it all but that IS how it going to have to be fixed~because Bankers are like car salemen.. they can make money on a car... but you can't get them to work on the motor if its messed up!~Economists are like the mechanics... they can fix the motor of the economy so the capitalist economic system can run smooth.. if you work on it right!~and fix the Fiat monetary system that has HUGE problems~and sends all the money to the top 1% lionshareholders to.. "trickle it down" to the 99%... when it needs to literally RAIN money~not trickle at all ... cause nothing grows when all the moisture is in the clouds... and it trickles... that a damn drought.. sorry but it is and we need rain at this point!~
This was a great video, but man, some of those lead-paint connoisseurs at the end with their "questions"... Jesus...