SUPERCAPITALISM- Robbert Reich - interview
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1:17:06
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this guy makes sense, although unfortunately I can't share his optimism in respect to the possibility of swinging the pendulum of power in Washington. Maybe in the 40s and 50s this would be possible, where the country was without heavy debt. But now, over $13 trillion and debt and experiencing an economic meltdown of sorts, I think corporate lobbyists in Washington have more power than they ever have, perhaps insurpassable power
JaYoFhOrRoR 2 years ago
Reich should start an experiment with socialism, say in Russia or Cuba, oh, that has been tried and failed. Reich should be audited. I wouldn't be surprised if he hasn't paid his taxes, like most of the other Obama appointees.
NeoSonsofLibertycom 3 years ago
Just a comment on the point raised about highest marginal tax rates. If you spend a few minutes and google this you will find that, after WWII they were over 90% and then went down to around 70% by the time Reagan got in office. If the corporate giants went overseas because we raised their tax rates ... good riddance. Excuse me, but I don't believe that they are Michael Jordans of the financial world ... look at CitiCorp, GM, Leahman brothers etc. There are 1000s that could do a better job.
drtompat 3 years ago