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Is Capitalism Always Good for Democracy? - Robert Reich

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Complete video at: http://fora.tv/fora/showthread... Former U.S. Secretary of Labor Robert Reich argues that certain aspects of capitalism are often at odds with the best interests of democracy. ----- Robert Reich discusses "Supercapitalism: The Transformation of Business, Democracy, and Everyday Life." In his newest book, "Supercapitalism," Reich explores the clash between capitalism and democracy. Our economy has become more efficient than ever, with turbocharged, web-based global capitalism morphing into supercapitalism. While supercapitalism is working well to enlarge the economic pie, democracy - charged with caring for all its citizens - is becoming less and less effective under its influence. He makes clear how the tools traditionally used to temper America's societal problems have withered as supercapitalism has burgeoned, and sets out a clear course that can lead the nation to a vibrant capitalism and a concurrent, equally vibrant democracy - Cody's@FCCB Robert B. Reich is Professor of Public Policy at the Goldman School of Public Policy at the University of California at Berkeley. He has served in three national administrations, most recently as secretary of labor under President Bill Clinton. He has written eleven books, including The Work of Nations, which has been translated into 22 languages; the best-sellers The Future of Success and Locked in the Cabinet, and his most recent book, Supercapitalism. His articles have appeared in the New Yorker, Atlantic Monthly, New York Times, Washington Post, and Wall Street Journal. Mr. Reich is co-founding editor of The American Prospect magazine. His weekly commentaries on public radio's "Marketplace" are heard by nearly five million people. As the nation's 22nd Secretary of Labor, Reich implemented the Family and Medical Leave Act, led a national fight against sweatshops in the U.S. and illegal child labor around the world, headed the administration's successful effort to raise the minimum wage, secured worker's pensions, and launched job-training programs, one-stop career centers, and school-to-work initiatives. Under his leadership, the Department of Labor won more than 30 awards for innovation. A 1996 poll of cabinet experts conducted by the Hearst newspapers rated him the most effective cabinet secretary during the Clinton administration. Reich has been a member of the faculties of Harvard's John F. Kennedy School of Government and of Brandeis University. He received his B.A. from Dartmouth College, his M.A. from Oxford University, where he was a Rhodes Scholar, and his J.D. from Yale Law School.

Channel: News & Politics
Uploaded: November 30, 1999 at 12:00 am
Author: ForaTv

Length: 04:18
Rating: 4.50
Views: 6986

Tags: citizenship  corporate  corporations  influence  interests  laws  lobbying  lobbyists  money  politicians  politics  public  special  

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Video Comments

BloodxGusher (November 30, 1999 at 12:00 am)
Its just a play on things we already know. Trying to get us aware whats going on in this fucked up government.
surgerysee (November 30, 1999 at 12:00 am)
I had professors that show me the correct way to subsists in a capitalisist state and by dog it worked for me. By the way we are not a "democracy". We a are reprsenattive type of government. The word "Democracy does not appear in our Constitution. Since you were on the government paroll I would have thought you would have known this. Private scholls teach it.
otherworldz (November 30, 1999 at 12:00 am)
gandhi.
Angelformehere (November 30, 1999 at 12:00 am)
Thanks for the tip. I know he is. But I get so frustrated with people who are still talking to Liberals in ways that only Liberals can understand. Today I can listen to him, understand him and agree with him but not without a strong angst about how he is being heard by the Right and how they will dance with it. Communicating the way we used to do, only "harder", wont work. We need a radically altered model to affect change. Lakoff explains this but doesn't really tell us how to do it.
otherworldz (November 30, 1999 at 12:00 am)
i think he's being metaphorical.
Angelformehere (November 30, 1999 at 12:00 am)
Modern neurology has plenty to say about the brain and so far it has not recognized the structure he describes. It does recognize the "Mammalian" and "Reptilian" and "Human" etc. NOT the "Capitalist" or "Citizen" partitions of the brain. Once we start down this road of partitioning up the brain according to self- serving abstractions - anything goes. This is really stupid!
obaketokage (November 30, 1999 at 12:00 am)
i took a class with this guy and he is an amazing teacher!!!
tomfromeur (November 30, 1999 at 12:00 am)
very good speech!
alansready (November 30, 1999 at 12:00 am)
pleasae cofiunbse equyality under the law with egaliatrianism and youi are doing just this. you dont understand that freedom is not free. and my whole argument is about making the people freer. i want to save the ignorant from themselves. waht you forget is with freedom comes heavy rsponsibility . we think in america we are entiteld and that is jsut your problem also people think they are victims and we have become complacent and americans are very arrogant .
alansready (November 30, 1999 at 12:00 am)
so you think our foiunders were wrogn to make a republic and

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