Published on Mar 24, 2020
Former Secretary of Labor Robert Reich presents the reader’s digest of his latest book, The System: Who Rigged It, How We Fix It. He explores the system of power in America that bails out corporations instead of people, even in times of crisis, and breaks down how we have socialism for corporations and the rich, and harsh capitalism for everybody else.
As power has concentrated in the hands of corporations and the wealthy few, those few have grabbed nearly all the economic gains — and political power — for themselves.
Meanwhile, workers have been shafted.
This isn’t a democracy, where all power is shared. It’s an oligarchy, where those at the top have the power to grab everything for themselves.
But history shows that oligarchies cannot hold on to power forever. They are inherently unstable. When a vast majority of people come to view an oligarchy as illegitimate and an obstacle to their wellbeing — which is happening before our very eyes as this crisis exacerbates — oligarchies become vulnerable.
Order Reich’s new book today: https://bit.ly/thesystemrbreich