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Capitalism should be made to serve democracy, and not the other way around, argues Robert Reich.Supercapitalism - turbocharged, Web-based, able to ...Show synopsisCapitalism should be made to serve democracy, and not the other way around, argues Robert Reich.Supercapitalism - turbocharged, Web-based, able to find and make almost anything just about anywhere - is working wonderfully well to create wealth. But democracy, so argues Robert Reich, US Secretary of Labour under Bill Clinton - charged with caring for all citizens - is failing under its influence.Reich explains how widening inequalities, heightened job insecurity, and global warming are the logical outcomes of supercapitalism. He shows that companies, fighting harder than ever to be competitive, have become more deeply involved in politics, and how the tools used to temper society's problems - taxation, education, trade unions - have withered as supercapitalism has burgeoned."Supercapitalism" sets out a clear course to a vibrant capitalism and a concurrent, equally vibrant democracy. Business and politics must be kept distinct; the legal fiction that corporations are citizens must end - whether Wal-Mart, Google, Microsoft or Nike are good or evil misses the point. We must stop treating companies as if they were people and must abolish corporate income tax, charging shareholders instead, and hold individuals rather than corporations guilty of crimes. Only people can be citizens, and only citizens should be allowed to participate in democratic decision making.Important, timely, authoritative and thrilling, "Supercapitalism" is a tour-de-force of modern popular political writing and is essential reading for anyone concerned that government and big business are too familiar bedfellows.Hide synopsis
Supercapitalism: The Battle for Democracy in an Age of Big Business (Icon Books Ltd) – Paperback (2009)
by
Robert B. Reich
Paperback, Icon Books Ltd 2009
288 pages
ISBN: 1848310463 ISBN-13: 9781848310469
As Secretary of Labour under Bill Clinton, Robert Reich won huge plaudits for his efforts to increase the minimum wage, close sweatshops and eliminate child labour around the world. Now a highly acclaimed author, in "Supercapitalism" he argues that capitalism should be made to serve democracy - and not the other way around. 'Supercapitalism' - turbocharged, Web-based, able to find and make anything, anywhere - is working wonderfully well to create wealth. But democracy, charged with caring for all citizens, is failing under ...Show moreAs Secretary of Labour under Bill Clinton, Robert Reich won huge plaudits for his efforts to increase the minimum wage, close sweatshops and eliminate child labour around the world. Now a highly acclaimed author, in "Supercapitalism" he argues that capitalism should be made to serve democracy - and not the other way around. 'Supercapitalism' - turbocharged, Web-based, able to find and make anything, anywhere - is working wonderfully well to create wealth. But democracy, charged with caring for all citizens, is failing under its influence. Robert Reich explains how widening inequalities, heightened job insecurity and global warming are supercapitalism's logical outcomes. He shows that companies, fighting harder than ever to be competitive, have become more deeply involved in politics, and how the tools used to temper society's problems - taxation, education, trade unions - have withered.'A rounded and explicit discussion of how capitalist structures have stretched into the realm of democracy and eroded it' - "New Statesman".Hide
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