Since the 1970s, and notwithstanding
three recessions, the US economy has soared. Consumers have been treated to a
vast array of new products, while the prices of standard goods and services
have declined. Companies have also become far more efficient and the stock
market has surged. In short, American capitalism has been a triumph, and it has
spread throughout the world.
At the same time, argues
former secretary of labor Robert B. Reich, the effectiveness of democracy in
America has declined. It has grown less responsive to the citizenry, and people
are feeling more and more helpless as a result. In Supercapitalism, Reich discusses how capitalism has spilled over into
politics, how it threatens democracy, and how citizens both benefit from and
lose out because of supercapitalism. Download and start listening now!