Articles by Robert Reich

We found 10 results.


The Sham of Corporate Social Responsibility
Robert Reich – TRANSCEND Media Service, 6 Jan 2020

31 Dec 2019 – Boeing recently fired CEO Dennis Muilenburg in order “to restore confidence in the Company moving forward.” Restore confidence? Muilenburg’s successor will be David Calhoun, who allowed Muilenburg to remain CEO after the first 737 Max crash and the jetliner posed an unacceptable risk of accident. It caused the deaths of 346 people. Muilenburg raked in $30 million in 2018. He could walk away from Boeing with another $60 million.

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Elizabeth Warren Is Right – We Must Break Up Facebook, Google and Amazon
Robert Reich – The Guardian, 18 Mar 2019

10 Mar 2019 – The presidential hopeful Elizabeth Warren announced on Friday [8 Mar] she wants to bust up giants like Facebook, Google and Amazon. The titans of the new Gilded Age must be busted and the idea has bipartisan support. It’s time big tech was brought to heel.

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America’s Shkreli Problem
Robert Reich – TRANSCEND Media Service, 19 Mar 2018

9 Mar 2018 – Martin Shkreli was sentenced today to seven years in prison. The Shkreli personality disorder can be found on Wall Street, in the executive suites of America’s largest corporations, in Hollywood, in Silicon Valley, in our prestigious universities, and in Washington, even in Trump’s White House. Face it: America has a Shkreli problem.

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The Myth of the “Free Market” and How to Make the Economy Work for Us
Robert Reich – TRANSCEND Media Service, 23 Sep 2013

One of the most deceptive ideas continuously sounded by the Right is that the “free market” is natural and inevitable, existing outside and beyond government. So whatever inequality or insecurity it generates is beyond our control.

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Global Capital and the Nation State
Robert Reich – TRANSCEND Media Service, 27 May 2013

As global capital becomes ever more powerful, giant corporations are holding governments and citizens up for ransom — eliciting subsidies and tax breaks from countries concerned about their nation’s “competitiveness” — while sheltering their profits in the lowest-tax jurisdictions they can find. Meanwhile, at a time when you’d expect nations to band together to gain bargaining power against global capital, the opposite is occurring: Xenophobia is breaking out all over.

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Why BP Isn’t a Criminal
Robert Reich – TRANSCEND Media Service, 19 Nov 2012

BP plead guilty to 14 criminal counts, including manslaughter, and agreed to pay $4 billion over the next five years. But it defies logic to make BP itself the criminal. Corporations aren’t people. They can’t know right from wrong. They’re incapable of criminal intent. They have no brains. They’re legal fictions — pieces of paper filed away in a vault in some bank.

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The Wall Street Scandal of all Scandals
Robert Reich – TRANSCEND Media Service, 9 Jul 2012

“Yes, just when you thought the Street had hit bottom, an even deeper level of public-be-damned greed and corruption is revealed. Sit down and hold on to your chair.”

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America’s Biggest Jobs Program — the U.S. Military
Robert Reich - ICH, 23 Aug 2010

America’s biggest — and only major — jobs program is the U.S. military. Over 1,400,000 Americans are now on active duty; another 833,000 are in the reserves, many full time. Another 1,600,000 Americans work in companies that supply the military with everything from weapons to utensils. (I’m not even including all the foreign contractors employing non-US citizens.)

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The Rebirth of Regulation
Robert Reich – TRANSCEND Media Service, 10 May 2010

What do oil giant BP, the mining company Massey Energy, and Goldman Sachs have in common? They’re all big firms involved in massive plunder. BP’s oil spill is already one of the biggest and most damaging in American history. Massey’s mine disaster, claiming the lives of 29 miners, is one of the worst in recent history. Goldman’s alleged fraud is but a part of the largest financial meltdown in 75 years.

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THE LOGIG OF KEYNES IN TODAY’S WORLD
Robert Reich, 17 Dec 2008

    Not long ago I was talking to someone who once had been a deficit hawk but the current recession had turned into a full-blooded Keynesian. He wanted a stimulus package in the range of $500 to $700 billion. "Consumers are dead in the water," he said, fervently, "so government has to step in." I […]

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