BLAIR M Schirmer Capitalism is a horrible destructive system The Capitalism system works just way it is supposed. Capitalism was created to squeeze as much profit out a good or service for the capitalist as possible. At the expense of everyone except the capitalist The reason that capitalism seem a lot like feudalism is because both are the same system Just replaced capitalist bosses with the monarchy and aristocrat
BLAIR M Schirmer Those rich people you speak of are the ones making America the greatest Country in the history of the world. Plutocrats are the reason you have a job and a computer you can spread your ignorant sick ideologies with. Plutocrats are the reason there is such a thing as Computers, railroads, steel, cars, airplanes. I can go on forever but i hope you get the point im making. Socialism destroys incentive and none of this would be around if it weren't for Capitalism. There's a reason no other country's invent and improve technologies and have a thriving economy like America.
Finally! Robert Reich said what I've been saying for years! Get money out of politics. In fact, get rid of money altogether. Oh wait, then you couldn't have power over others. Bah .. some world.
I'm a big fan of the idea that corporations should be classified and taxed in 3 distinct groups: 1. Domestic Corporations. They do their manufacturing, hiring, advertising, banking, and taxes here. Tax at the lowest level 2. Multinational Corporations. They do a mix of management and manufacturing, banking, and marketing both here and abroad. Tax at a mixed level based on the amount of money/employment is done within the US. 3. Foreign Corporations. They sell here, but make their goods or do their work overseas. Simply claiming you have your headquarters here isn't the same as actually being here. Tax steeply.
Who did this brilliantly? FDR, a rich guy, who was not interested in seeing capitalism either morphing into rightwing authoritarianism as it did in Germany, or producing a backlash leading to a communist dictatorship, as it did in Russia, either of which could have happened in the US during the Depression, so hopeless were most Americans, even those hanging on to jobs, with a 25% unemployment rate across the land with no solution in sight. FDR saw another way, as his 5th cousin had: support and save the capitalist system from itself, from the excesses that Marx had predicted, given unbridled capitalism, by reining in the excesses and starting what we today call the "safety net" for those who need it. While WWII actually lifted the country out of the Depression into an amazing and long economic growth spurt, FDR set us on a practical course (and big business survived very nicely, thank you) that kept us optimistic about the future, and hence wedded to the system for about 50 years. Don't destroy the capitalists, set limits on them. Don't control the lives of the people: help them. Is that not what the government of a civilized nation is for? To make whatever system the people have chosen work? You don't let a fine old watch that has popped a spring (watch? spring? OK, I'm old.) run erratically, but you replace or improve on the spring. You don't smash the whole watch in a tantrum because part of it isn't working. You make it work better. That is something the Chinese communists today are doing much better than the Chinese communists in the era of Mao or all the leaders of those Eastern European and Soviet workers' "paradises" did, or frankly, than Pres. Putin is doing in his country right now. There is no reason why American leaders cannot be skillful in setting limits without stifling economic growth and helping without making the majority of Americans permanently dependent on a government handout. Prof. Reich's suggestion of "reemployment insurance" is excellent. Done the right way, it benefits both business and American workers. There's a start. Finally, in the end, some way must be found to make politicians less beholden to big money, wherever it comes from, as Prof. Reich rightly insists. I share Heidi's skepticism that this Congress or any likely Congress in the next twenty years whose members benefit by courting big money (by which time something awful will have happened to our nation if we don't get back on course) will pass campaign finance reform and have it upheld by the Court, but this past Tuesday showed us that voters are capable of ignoring the propaganda that big money buys and voting not for the person with the most or most negative commercials, not for the person getting the most positive responses on line (which could be fake and from Russia or who knows where), but the person they conclude on their own is best for the job. We the People can take that step without Congress, the Court, the president or anyone else telling us to. Nullify to the greatest extent possible the benefits big money affords the politicians in the next election and they won't be seeking the big money any more because it will be a waste of time and effort to do so. Shall we?
+gnirol FDR was one of the worst presidents in history. FDR and his Democrat cronies created the Great Depression, and nobody looked forward to the future until after he was gone from all his backward way of thinking about the economy. Nazi Germany was a leftwing fascist party not a rightwing thing. They didn't 'save' capitalism from itself, they almost turn America into a dump like what Hugo Chavez did in Venezuela but average and rich American's stopped it. You know why we have 8 year term limits on the presidents now?? Because of FDR acting like a control freak over the economy, and trying to screw it up. The Democrat Party and Nazi's and Communist are all from the left side. Its a terrible party that's done a bunch of terrible things. Wake up people, they are trying to take America down the path they took Argentina and Venezuela.
You have to be joking right? Hillary who was controlled by wall street? Hillary who wanted to keep the Paris climate agreement deal which would wreck the American economy even more? Democrats = crony capitalism.
Can't be fixed, you've gone past the point and into hyper-capitalism whose main fuel is GREED. Corporations and the Uber-rich do not view the country as sacred nor do they view the average citizen as whole. They are 2-dimensional sources of revenue who must be controlled. This may be the source of your next civil war. Sooner or later you run out of distractions and people wake up. People online talk of existence as a simulation, you're already there. American capitalism has become a pyramid scheme, with a guy named Ponzi running it. When your core governing mechanism, the White House has 5 or 6 billionaires and an assorted number of millionaires running the show you know something has gone horribly wrong.
Mr. Reich, I adore you. You taught me the meaning of the term "a living wage". But do we really want to save capitalism? Democracy yes, but capitalism?
Tell Mike: technology is NOT the enemy. It is a tool. The enemy 'is' the way people/corporations use technology to enrich themselves at expense of others.
Don Shults it's shocking he was on MSNBC and said it at all, their owners Comcast will be having words with them after this, last time Robert is gonna be on haha
thanks to Congress, and the Supreme Court; Corporations have almost the same status as ordinary voters. And the amount of wealth concentrated in so few people distorts public policy. Ordinary folks will be no more then indentured servants or Roman Slaves unless something happens.
Any tax cut is a stimulus. The last thing than an economy at 3% growth and 5% unemployment needs is a massive round of stimulus. It would only lead to inflation and asset price bubbles. Now's the time to keep reducing the deficit and to let interest rates rise slowly so people can get some returns on their savings. From an economist's point of view, tax cuts now make no sense. A move that would make sense is a budget neutral tax reform, aiming at creating growth through simplifying the tax code to make things easier for small businesses, entrepreneurs and investors.
I 😍Him. It’s time to remove money from Politics. Change the way Campaign’s are ran. Participant in Voting for Governor Mayor Senators don’t just vote Only for President. A President who will Fight for you Without Senators Governor and Mayor cannot For you Without these People . Stay Engaged that is Fight for Patriotism 4 Country 🇺🇸🇺🇸
I love Reich but we need to push for social democracy more than just saving capitalism. Capitalism is why we have this predatory version of corporatism.
I have a thought. How about we take those companies that pay so little that their employees have to access help for food, housing, and healthcare and make them pay for those programs to include the administration costs? How 'bout that? Then at least we wouldn't have to pay the taxes to support those programs and eventually the Walmarts, McDonald's and such will figure out that it is less expensive for them to pay their workers a living wage.
Problem: Medication costs too much because the pharm companies have involved the government. Reich's solution: More involvement from the government. Why is it easier to buy a gun than prescription meds??
Hey it's not tax cutting it's tax reform get with the terminology here...Lying GOP mouthpieces are very good at getting people to vote against their own interests in this country. 30+ years of tax cuts has just increased the deficit because the rich will not pay their fair share of taxes, and companies like Apple make billions offshore and keep the profits there too to avoid tax...
Yes is Amazing.... We need health care for all, living wage no less than $ 18.00 but $15.00 would be great start. We need to take back production of all our own products "all", bring all call center's back which would itself create over two million Job's. Buy American product's only. Then raise corporate tax up to 50% yes that's right for after deduction they would be about 16.7% for those who pay many lie pay none. Just like people raise taxes on household making a million or more, higher after making five, 10 and do so. This will bring back middle Americans who in fact could become millionaires as well. Cut all money out of Politics as Bernie raises his own money so should all who are running for office and cap at $10 M.
This is one really good man! I adore Professor Reich.
Love Robert, he is amazing!
BLAIR M Schirmer Capitalism is a horrible destructive system
The Capitalism system works just way it is supposed. Capitalism was created to squeeze as much profit out a good or service for the capitalist as possible. At the expense of everyone except the capitalist
The reason that capitalism seem a lot like feudalism is because both are the same system
Just replaced capitalist bosses with the monarchy and aristocrat
R. m Red Robert the communist. No wonder why he never got close to power. Unlike Trump, Our dear supreme American Leader.
me too! off too watch his film straight after this!
BLAIR M Schirmer
Those rich people you speak of are the ones making America the greatest Country in the history of the world. Plutocrats are the reason you have a job and a computer you can spread your ignorant sick ideologies with. Plutocrats are the reason there is such a thing as Computers, railroads, steel, cars, airplanes. I can go on forever but i hope you get the point im making. Socialism destroys incentive and none of this would be around if it weren't for Capitalism. There's a reason no other country's invent and improve technologies and have a thriving economy like America.
How can someone that wants to save Capitalism be a Communist, JN? You write like a brainless twit.
Brilliant man!
Robert Reich is Most Certainly Way Smarter than Trump.
Daniel Bazalar both racist zionists though so pick your poison
Any one is smarter than Trump except the people who voted for the toddler.
A lobotomized wombat is smarter than Trump
Yeah everyone is smarter than Trump that’s why he hasn’t accomplished anything. Let’s line them up your list.
manniefaces he supports racist Israel durh? Oh wait are you a fake liberal or just a Zionist shill
Capitalism died the moment reaganomics took effect
...and they named an airport after Reagan? People are brain dead.
true
"Capitalism is the legitimate racket of the ruling class" Al Capone
I'm borrowing that line.
I got it from this site.......www.fivefamiliesnyc.com
I concur
Yeah, Denise - set up Al Capone as your standard bearer. Reeeal smart, baby! Reeael
@@yankee2666 More moral than Trump.He only killed people one at a time.
Amen, Robert Reich. Never thought I'd see Morning Joe seriously and patiently discussing getting corporate/private money out of politics.
good job having something truly informative front and center in mainstream media guys, something of a rarity!
Robert Reich+Bernie Sanders for 2020.
Finally! Robert Reich said what I've been saying for years! Get money out of politics. In fact, get rid of money altogether. Oh wait, then you couldn't have power over others. Bah .. some world.
I'm with, Robert Reich! Must watch his show on Netflix!
And get rid of Corporate Person Hood, maybe even international corporations.
I'm a big fan of the idea that corporations should be classified and taxed in 3 distinct groups:
1. Domestic Corporations. They do their manufacturing, hiring, advertising, banking, and taxes here. Tax at the lowest level
2. Multinational Corporations. They do a mix of management and manufacturing, banking, and marketing both here and abroad. Tax at a mixed level based on the amount of money/employment is done within the US.
3. Foreign Corporations. They sell here, but make their goods or do their work overseas. Simply claiming you have your headquarters here isn't the same as actually being here. Tax steeply.
Brilliantly said Robert.
The people need to unite!
This is the first video i like in Msnbc
thank George bush and his judicial appointee Roberts, he was the deciding vote in citizen's United decision
I agree...Citizens United must be reversed immediately
It was a good decision! Only a moron listens to advertisements.
The man is still my hero.
Who did this brilliantly? FDR, a rich guy, who was not interested in seeing capitalism either morphing into rightwing authoritarianism as it did in Germany, or producing a backlash leading to a communist dictatorship, as it did in Russia, either of which could have happened in the US during the Depression, so hopeless were most Americans, even those hanging on to jobs, with a 25% unemployment rate across the land with no solution in sight. FDR saw another way, as his 5th cousin had: support and save the capitalist system from itself, from the excesses that Marx had predicted, given unbridled capitalism, by reining in the excesses and starting what we today call the "safety net" for those who need it. While WWII actually lifted the country out of the Depression into an amazing and long economic growth spurt, FDR set us on a practical course (and big business survived very nicely, thank you) that kept us optimistic about the future, and hence wedded to the system for about 50 years. Don't destroy the capitalists, set limits on them. Don't control the lives of the people: help them. Is that not what the government of a civilized nation is for? To make whatever system the people have chosen work? You don't let a fine old watch that has popped a spring (watch? spring? OK, I'm old.) run erratically, but you replace or improve on the spring. You don't smash the whole watch in a tantrum because part of it isn't working. You make it work better. That is something the Chinese communists today are doing much better than the Chinese communists in the era of Mao or all the leaders of those Eastern European and Soviet workers' "paradises" did, or frankly, than Pres. Putin is doing in his country right now. There is no reason why American leaders cannot be skillful in setting limits without stifling economic growth and helping without making the majority of Americans permanently dependent on a government handout. Prof. Reich's suggestion of "reemployment insurance" is excellent. Done the right way, it benefits both business and American workers. There's a start. Finally, in the end, some way must be found to make politicians less beholden to big money, wherever it comes from, as Prof. Reich rightly insists. I share Heidi's skepticism that this Congress or any likely Congress in the next twenty years whose members benefit by courting big money (by which time something awful will have happened to our nation if we don't get back on course) will pass campaign finance reform and have it upheld by the Court, but this past Tuesday showed us that voters are capable of ignoring the propaganda that big money buys and voting not for the person with the most or most negative commercials, not for the person getting the most positive responses on line (which could be fake and from Russia or who knows where), but the person they conclude on their own is best for the job. We the People can take that step without Congress, the Court, the president or anyone else telling us to. Nullify to the greatest extent possible the benefits big money affords the politicians in the next election and they won't be seeking the big money any more because it will be a waste of time and effort to do so. Shall we?
+gnirol FDR was one of the worst presidents in history. FDR and his Democrat cronies created the Great Depression, and nobody looked forward to the future until after he was gone from all his backward way of thinking about the economy. Nazi Germany was a leftwing fascist party not a rightwing thing. They didn't 'save' capitalism from itself, they almost turn America into a dump like what Hugo Chavez did in Venezuela but average and rich American's stopped it. You know why we have 8 year term limits on the presidents now?? Because of FDR acting like a control freak over the economy, and trying to screw it up. The Democrat Party and Nazi's and Communist are all from the left side. Its a terrible party that's done a bunch of terrible things. Wake up people, they are trying to take America down the path they took Argentina and Venezuela.
Here is another man who SHOULD be President. I am so disappointed that qualified people do not run for the office of president.
Robert is great, love the guy.
Go Robert!!!!!
republicans you're not a capitalist you're a corporatist
just like mikas channel
So are Democrats
You have to be joking right? Hillary who was controlled by wall street? Hillary who wanted to keep the Paris climate agreement deal which would wreck the American economy even more? Democrats = crony capitalism.
Can't be fixed, you've gone past the point and into hyper-capitalism whose main fuel is GREED. Corporations and the Uber-rich do not view the country as sacred nor do they view the average citizen as whole. They are 2-dimensional sources of revenue who must be controlled. This may be the source of your next civil war. Sooner or later you run out of distractions and people wake up. People online talk of existence as a simulation, you're already there. American capitalism has become a pyramid scheme, with a guy named Ponzi running it. When your core governing mechanism, the White House has 5 or 6 billionaires and an assorted number of millionaires running the show you know something has gone horribly wrong.
Radwulf Eboraci
I disagree, reversing Citizens United would fix Capitalism in a hurry
Reich/Franken 20/20
@4:20 They call automation the enemy. lol Productivity isn't the enemy, greed is. #FearIsTheProblem
Bernie Bernie Bernie
+james minor go live in a socialist country, don't try to turn America into a dump like Venezuela.. smh
No NO No
The results of his economic policies in the 90’s speak for themselves. We need more intelligent and rational men like him in Washington.
I love when people speak to the real truth
What a great man! Someone who stands up for all Americans! Get the corporate $$$ out of Washington now!
Legend!
Joe you are a very lucky man, with such a loving wife, make sure she knows how much you love her. Peace & Equals
Preach
Also the right to organize,Labor movement is neutralized.
Wow! Downright futuristic!
(Pancha Chandra): When When citizens are not being served adequately, they should demonstrate till they secure all their rights!
Mr. Reich, I adore you. You taught me the meaning of the term "a living wage". But do we really want to save capitalism? Democracy yes, but capitalism?
This guy for the next president of America please
Save the People. Smash Capitalism.
Tell Mike: technology is NOT the enemy. It is a tool. The enemy 'is' the way people/corporations use technology to enrich themselves at expense of others.
I agree with everything he said why aren't the Republicans working on Chip?
Please run for president Robert
I like the look on the two goons faces; they clearly have no idea what Robert is talking about and simply would never want any change at all.
Don Shults it's shocking he was on MSNBC and said it at all, their owners Comcast will be having words with them after this, last time Robert is gonna be on haha
stopthecrazyguy what is bs?
Anton Voltchok strong words indeed
Wish he was President.
This of course is the link between the Weimar Republic and USA 2016. Repressed citizens take refuge with the most powerful demagogue.
thanks to Congress, and the Supreme Court; Corporations have almost the same status as ordinary voters. And the amount of wealth concentrated in so few people distorts public policy. Ordinary folks will be no more then indentured servants or Roman Slaves unless something happens.
Thw awakening of the nation is bring done through video and social media. .
Any tax cut is a stimulus. The last thing than an economy at 3% growth and 5% unemployment needs is a massive round of stimulus. It would only lead to inflation and asset price bubbles. Now's the time to keep reducing the deficit and to let interest rates rise slowly so people can get some returns on their savings. From an economist's point of view, tax cuts now make no sense. A move that would make sense is a budget neutral tax reform, aiming at creating growth through simplifying the tax code to make things easier for small businesses, entrepreneurs and investors.
I don't totally disagree on the tax bill, that thing kind of sucks.
I get so many ads for support of candidates, I don't trust sending contributions to anyone.... I could be supporting Russia or anyone else.....
I 😍Him. It’s time to remove money from Politics. Change the way Campaign’s are ran. Participant in Voting for Governor Mayor Senators don’t just vote Only for President. A President who will Fight for you Without Senators Governor and Mayor cannot For you Without these People . Stay Engaged that is Fight for Patriotism 4 Country 🇺🇸🇺🇸
The issue is Big money in politics.
How about we return to a free market with necessary regulations instead of trying to save a system that has brought us to this point.
Bernie/ Tuner 2020 first choose
Reich/Tuner 2020 second choose
I love Reich but we need to push for social democracy more than just saving capitalism. Capitalism is why we have this predatory version of corporatism.
I have a thought. How about we take those companies that pay so little that their employees have to access help for food, housing, and healthcare and make them pay for those programs to include the administration costs? How 'bout that? Then at least we wouldn't have to pay the taxes to support those programs and eventually the Walmarts, McDonald's and such will figure out that it is less expensive for them to pay their workers a living wage.
The NFL's ratings for so low they have taken out RUclips commercials about their Thursday Night Football game tonight
Sadly, I don't believe this will be fixed without a massive impetus, like another great depression.
Wow is this msnbc or TYT? I'm surprised they let him on air
Problem: Medication costs too much because the pharm companies have involved the government. Reich's solution: More involvement from the government.
Why is it easier to buy a gun than prescription meds??
Redo NAFTA to include pharmaceuticals and health insurance. Bigger high risk pools, and easing the stress of people in Mexico need to cross the border
Become an activist at www.activistonthego.net !!!
I agree. The tax cut is the last thing we need. It's polling at 25%....most people don't want it considering it's just for Republicans donors
Hey it's not tax cutting it's tax reform get with the terminology here...Lying GOP mouthpieces are very good at getting people to vote against their own interests in this country. 30+ years of tax cuts has just increased the deficit because the rich will not pay their fair share of taxes, and companies like Apple make billions offshore and keep the profits there too to avoid tax...
DNC and Tom Perez: LISTEN TO THIS MAN!!!
Yes is Amazing.... We need health care for all, living wage no less than $ 18.00 but $15.00 would be great start. We need to take back production of all our own products "all", bring all call center's back which would itself create over two million Job's. Buy American product's only. Then raise corporate tax up to 50% yes that's right for after deduction they would be about 16.7% for those who pay many lie pay none. Just like people raise taxes on household making a million or more, higher after making five, 10 and do so. This will bring back middle Americans who in fact could become millionaires as well.
Cut all money out of Politics as Bernie raises his own money so should all who are running for office and cap at $10 M.
all of sudden he abandoned Bernie. Just like that. Out of the blue...
GO BEARS!!!!!!
you 4got Racism M. Barnacle
Too bad the Republic is lost already. The US is over, dude.
get along or.....
This what the next Civil War should be based on.
lol I couldn't stop laughing after he said "inequality" lololololololololololololololol
lololololololololololololololololololololol
Your anti small business reich
Geez I wonder if Robert is smarter than Trump? LMAO
He is right.