Money Matters Book Discussion - Fairfax - May
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Topic This Month
The System: Who Rigged It and How We Fix It
By Robert Reich, 2020, 206 p.
In the latest of his 15 books Robert Reich, Labor Secretary during the Clinton Administration, claims that the economic system in the U.S. is an oligarchy, rigged to favor the wealthy and politically powerful., who use their clout to increase their wealth and power. He blames the rise of shareholder capitalism, the erosion of union power, and deregulation of the financial industry He calls for a more equitable rebalance of power.