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Aftershock: The Next Economy and America's Future
(Adobe EPUB eBook, Kindle Book, OverDrive Read)

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More Details
Published:
Knopf Doubleday Publishing Group 2010
Format:
Adobe EPUB eBook, Kindle Book, OverDrive Read
Street Date:
09/21/2010
Language:
English
ISBN:
9780307594525
ASIN:
B003F3PKUE
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Citations
APA Citation (style guide)

Robert B. Reich. (2010). Aftershock: The Next Economy and America's Future. Knopf Doubleday Publishing Group.

Chicago / Turabian - Author Date Citation (style guide)

Robert B. Reich. 2010. Aftershock: The Next Economy and America's Future. Knopf Doubleday Publishing Group.

Chicago / Turabian - Humanities Citation (style guide)

Robert B. Reich, Aftershock: The Next Economy and America's Future. Knopf Doubleday Publishing Group, 2010.

MLA Citation (style guide)

Robert B. Reich. Aftershock: The Next Economy and America's Future. Knopf Doubleday Publishing Group, 2010. Web.

Note! Citation formats are based on standards as of July 2010. Citations contain only title, author, edition, publisher, and year published. Citations should be used as a guideline and should be double checked for accuracy.
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Grouped Work ID:
5b17325c-0102-62f6-6f3f-357b902c113b
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Needs Update?:
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Date Added:
Apr 23, 2014 15:22:13
Date Updated:
Oct 25, 2020 07:34:00
Last Metadata Check:
Oct 25, 2020 07:34:55
Last Metadata Change:
Sep 09, 2020 19:31:24
Last Availability Check:
Oct 25, 2020 07:34:55
Last Availability Change:
Oct 20, 2020 18:32:25
Last Grouped Work Modification Time:
Oct 25, 2020 07:36:20

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        Robert B. Reich is Chancellor's Professor of Public Policy at the Richard and Rhoda Goldman School of Public Policy at the University of California, Berkeley. He has served in three national administrations, most recently as secretary of labor under President Bill Clinton. He has written twelve books, including The Work of Nations, which has been translated into twenty-two languages, and the best seller Supercapitalism. His articles have appeared in The New Yorker, The Atlantic, The New York Times, The Washington Post, and The Wall Street Journal. He is also cofounding editor of The American Prospect magazine and provides weekly commentaries on public radio's Marketplace. He lives in Berkeley and blogs at www.robertreich.org.

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Vintage
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title
Aftershock
fullDescription

A brilliant new reading of the economic crisis--and a plan for dealing with the challenge of its aftermath--by one of our most trenchant and informed experts.

When the nation's economy foundered in 2008, blame was directed almost universally at Wall Street. But Robert B. Reich suggests a different reason for the meltdown, and for a perilous road ahead. He argues that the real problem is structural: it lies in the increasing concentration of income and wealth at the top, and in a middle class that has had to go deeply into debt to maintain a decent standard of living.

Persuasively and straightforwardly, Reich reveals how precarious our situation still is. The last time in American history when wealth was so highly concentrated at the top--indeed, when the top 1 percent of the population was paid 23 percent of the nation's income--was in 1928, just before the Great Depression. Such a disparity leads to ever greater booms followed by ever deeper busts.

Reich's thoughtful and detailed account of where we are headed over the next decades reveals the essential truth about our economy that is driving our politics and shaping our future. With keen insight, he shows us how the middle class lacks enough purchasing power to buy what the economy can produce and has adopted coping mechanisms that have a negative impact on their quality of life; how the rich use their increasing wealth to speculate; and how an angrier politics emerges as more Americans conclude that the game is rigged for the benefit of a few. Unless this trend is reversed, the Great Recession will only be repeated.

Reich's assessment of what must be done to reverse course and ensure that prosperity is widely shared represents the path to a necessary and long-overdue transformation. Aftershock is a practical, humane, and much-needed blueprint for both restoring America's economy and rebuilding our society.

From the Hardcover edition.

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shortDescription
A brilliant new reading of the economic crisis—and a plan for dealing with the challenge of its aftermath—by one of our most trenchant and informed experts.
When the nation's economy foundered in 2008, blame was directed almost universally at Wall Street. But Robert B. Reich suggests a different reason for the meltdown, and for a perilous road ahead. He argues that the real problem is structural: it lies in the increasing concentration of income and wealth at the top, and in a middle class that has had to go deeply into debt to maintain a decent standard of living.
Persuasively and straightforwardly, Reich reveals how precarious our situation still is. The last time in American history when wealth was so highly concentrated at the top—indeed, when the top 1 percent of the population was paid 23 percent of the nation's income—was in 1928, just before the Great Depression. Such a disparity leads to ever greater booms followed by ever deeper busts....
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publisher
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Formats
Adobe EPUB eBook
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