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Published on Sep 29, 2010
In this brilliant reading of the economic crisis and how we should deal with its aftermath, Robert B. Reich suggests the cause of the 2008 meltdown was not Wall Street. The real culprit is structural: it lies in the increasing concentration of income and wealth at the top - and a middle class that had to go deeply into debt to maintain a decent standard of living. Reich's assessment of what must be done to ensure that prosperity is widely shared heralds a necessary and long-overdue transformation.