Author: Robert B. Reich
Translator: Jin-hwan An
Publisher: Gimmyoungsa
Hardcover | 240 pages | 223*152mm
| Important! Please read before you order! |
| >>>This book is written in Korean. |
About This Book
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.
About the Author
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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