Liberals are concerned about the concentration of wealth because it almost inevitably leads to a concentration of power that undermines democracy.
Robert ReichOne logical consequence of this New Economy composed of big brands and entrepreneurial groups is that the unit of production is no longer a particular, identical product. The unit of production is the creative individual.
Robert ReichThere is a crisis of public morality. Instead of policing bedrooms, we ought to be doing a better job policing boardrooms.
Robert ReichWhat we really need to understand here is that it`s all about power. This is where the surge is coming from for Bernie Sanders. In some ways, it`s a very different - it`s a different surge, but it`s coming out of the same sort of sense of fundamental powerlessness and anger and frustration for Donald Trump.
Robert ReichYale Law School was the kind of place you went if you felt you needed to go to law school, maybe, for your resume, but you really didn't want to practice law. You wanted to do public policy, or maybe go into politics.
Robert ReichNow we're in a very different economy. Throughout the late 1980s and 1990s American management started to do the right things. There was extraordinary investment in technology. The dominant questions now are less how to do it better, how to manage better, how to make the economy better, than how to have fuller and more meaningful lives. Because the irony is, now that we've come through this great transition, even though our organizations and our people are extraordinarily productive, many feel that the nonwork side of life is very thin.
Robert Reich