Business Robert Reich
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Opinion: Racial inequality can't be erased if economic inequality remains
Racial inequalities are baked into our political and economic system, and it would be a a terrible mistake for the progressive movement to split into a 'Black lives matter' movement and an 'economic justice' movement.
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Opinion: Why Americans need to reinvent the entire education system
Senator Bernie Sanders argues that American public colleges should be tuition-free. Higher education should be, writes Robert Reich, but the US needs to reexamine and reinvent the country's entire education system to prepare for tomorrow's economy.
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Small businesses to Republicans: Don't cut corporate taxes
Small businesses owners have long joined with big corporations to back certain Republican candidates. But now they're breaking rank and telling congressional Republicans not to make the deal at the very top of big businesses’ wish list – a cut in corporate tax rates.
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Why Nike won't solve stagnant wages in America (+video)
President Obama chose Nike headquarters in Oregon to deliver a defense of his proposed Trans-Pacific Partnership last week, as the company announced measures to boost its US manufacturing operations. But Nike isn’t the solution to the problem of stagnant wages in America. Nike is the problem.
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Trans Pacific Partnership is more trickle-down economics gone wrong
If the Trans Pacific Partnership is enacted, big corporations, Wall Street, and their top executives and shareholders will make out like bandits. Who will the bandits be stealing from? The rest of us.
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How Goldman Sachs profited from the Greek debt crisis
Goldman Sachs helped Greece hide the true extent of its debt, and that only made the Greek debt crisis even worse.
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Why Hillary Clinton should take a tougher stance on big banks
Hillary Clinton's camp says she won't move to reinstate the Glass-Steagall Act, which prevented big banks from engaging in high-risk trading at while still offering traditional banking services. It's a mistake, both politically and economically.
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How overtime pay could help the middle class catch a break
The US Department of Labor proposed raising the overtime threshold from $23,600 a year to $50,400. What does this mean for the middle class?
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Opinion: What the Fair Housing Act ruling means for US's housing discrimination
The Supreme Court made monumental decisions on the Affordable Care Act and same-sex marriage. But, the Court made another important ruling regarding what Robert Reich calls the fight against "economic apartheid": the Fair Housing Act of 1968.
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Opinion: Raise estate tax on America's very rich
The US's estate tax of 40 percent only affects the richest of the rich. But some Congress members think this is too much – in reality, the estate tax should be raised, writes Robert Reich.
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Opinion: why Texas' request for federal aid is awkward
Texas' governor Greg Abbott requested federal help amid the tornadoes and floods that have pounded the state. However, Robert Reich argues that Texas officials' previous actions against the federal government make the state's plea for help awkward.
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How can the US strengthen unions?
In the US, the decline of the middle class is nearly identical to the decline of American labor union membership. What does this mean for the future of unions and the US economy?
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July 31, 2015
Photos of the day 07/31
A sheepdog named Flash rounds up sheep during the 2015 Welsh National Sheep Dog Trials in Llanvetherine, Wales, Friday.
More Robert Reich
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Trans Pacific Partnership is more trickle-down economics gone wrong
If the Trans Pacific Partnership is enacted, big corporations, Wall Street, and their top executives and shareholders will make out like bandits. Who will the bandits be stealing from? The rest of us.
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How corporate mergers make consumers and workers powerless
Thanks to the consolidation of the airline, Internet, and other industries into a few large companies, American workers and consumers have fewer choices than we used to have. In almost every area of our lives, it’s now take it or leave it.
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How 'flexible scheduling' is keeping workers in poverty
Flexible scheduling is designed to make retail outlets, restaurants, hotels, and other customer-driven businesses more nimble and keep costs to a minimum, at the cost of regular hours and financial stability for workers. We need a federal law requiring employers to pay for scheduled work.
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Will Hillary Clinton fight hard enough for the middle class?
Average working people need a president who will fight for them more than any time in living memory. Can Hillary Clinton be that president?
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How the Koch brothers and the super-rich are buying their way out of criticism
It’s bad enough big money is buying off politicians. It’s also buying off nonprofits that used to be sources of investigation, information, and social change, from criticizing big money.
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The rise of the working poor and the non-working rich
Despite myths to the contrary, a large and growing share of the nation’s poor work full time — sometimes 60 or more hours a week – yet still don’t earn enough to lift themselves and their families out of poverty. Meanwhile, a large and growing portion of the super-rich have never broken a sweat.
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Why college isn't (and shouldn't be) for everyone (+video)
A four-year college degree has become the only gateway into the American middle class, but not every young person is suited to four years of college. We need an alternative.
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What happens when robots replace all of our jobs?
The combination of advanced sensors, voice recognition, artificial intelligence, big data, text-mining, and pattern-recognition algorithms, is generating smart robots capable of quickly learning human actions. That's bad news for the skilled labor market.
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America's well-being can't count on corporations
The US economy is picking up steam but most Americans aren’t feeling it. Most European economies are still in bad shape, but most Europeans are doing well. Thank the outsize influence of American corporations.
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Will the Democratic nominee for 2016 take on Wall Street?
The Democratic nominee for President will campaign on reviving the American middle class. But will she take on the moneyed interests – the large Wall Street banks, big corporations, and richest Americans – who have engineered the largest upward redistribution of wealth in modern American history?
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