New York : Alfred A. Knopf, 2010.
1 online resource (x, 174 p.) : ill.
The basic bargain
Why the rich don't buy enough
Why policy makers obsess about the financial economy instead of the real one
The great prosperity : 1947-1977
How we got ourselves into the same mess again
How Americans kept buying anyway : the three coping mechanisms
The future without coping mechanisms
The myth of global rebalancing
What comes next.
Celebrated economic policy maker and political theorist Robert B. Reich argues that the nation's 2008 economic collapse is the result of an 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. To ensure that prosperity is widely shared, he continues, requires the implementation of a much broader safety net for the middle class financed by higher marginal tax rates on the very wealthy.