A brilliant reading of the economic crisis and how we should deal with its aftermath. When the nation’s economy foundered in 2008, blame was almost universally directed at Wall Street. But celebrated economic policy maker and political theorist Robert B. Reich suggests a different reason for... read more
INTRODUCTION: The Pendulum
PART I
The Broken Bargain
1. Eccles's Insight
2. Parallels
3. The Basic Bargain
4. How Concentrated Income at the Top Hurts the Economy
5. Why Policymakers Obsess About the Financial Economy Instead of About the Real One
6. The Great Prosperity: 1947-1975
7. How We Got Ourselves into the Same Mess Again
8. How Americans Kept Buying Anyway: The Three Coping Mechanisms
9. The Future Without Coping Mechanisms
10. Why China Won't Save Us
11. No Return to Normal
PART II
Backlash
1. The 2020 Election
2. The Politics of Economics, 2010-2020
3. Why Can't We Be Content With Less?
4. The Pain of Economic Loss
5. Adding Insult to Injury
6. Outrage at a Rigged Game
7. The Politics of Anger
PART III
The Bargain Restored
1. What Should Be Done: A New Deal for the Middle Class
2. How It Could Get Done
Acknowledgments
Notes
Index
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