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From one of America's foremost economic and political thinkers comes a vital analysis of our new hypercompetitive and turbo-charged global economy and the effect it is having on American democracy. With his customary wit and insight, Reich shows how widening inequality of income and wealth, heightened job insecurity, and corporate corruption are merely the logical results of a system in which politicians are more beholden to the influence of business lobbyists than to the voters who elected them.
Powerful and thought-provoking, Supercapitalism argues that a clear separation of politics and capitalism will foster an enviroment in which both business and government thrive, by putting capitalism in the service of democracy, and not the other way around.
"Reich documents in lurid detail the explosive growth of coporate lobbying expenditures and campaign contributions since the 1970s. . . . Supercapitalism is a grand debunking of the conventional wisdom in the style of John Kenneth Galbraith." —The New York Times
"Reich turns the standard liberal critique of corporations on its head."—Forbes
"A thoughtful and heartfelt critique of the ruthless, hell-bent-for-profit brand of capitalism that has been in vogue under Democrats and Republicans alike since roughly the end of the cold war."—Portfolio
"Supercapitalism describes important and sweeping economic changes. . . . Reich has a talent for making economics accessible and sometimes even fun."—The Los Angeles Times
"Prof. Reich provides a thought-provoking analysis of how intense market competition is providing Americans with more choices as consumers and investors, but fewer choices as citizens. He reveals how the flood of corporate money is undermining our faith in democracy and argues that corporate social responsibility cannot be a substitute for true democracy. A must-read for anyone interested in the health of American democracy." —Laura Tyson, former chairman, National Economic Council
“Supercapitalism reminds us that the power of political courage grows when it is joined with clear thinking. In this book Robert Reich has delineated the role corporations play in our democracy today, argued persuasively why it needs to be limited, and offered solutions to return control of the government to the people. He has done his part. Now it is up to citizens to respond if we are to have a more just America.” —Bill Bradley, author, The New American Story