Welcome login | signup
Language en es fr
OccupyForum

Forum Post: Restore the basic bargain by Robert Reich

Posted 12 years ago on Nov. 28, 2011, 11:37 p.m. EST by occupyworld (40)
This content is user submitted and not an official statement

Mr. Reich gets it right every time http://www.huffingtonpost.com/robert-reich/corporate-profit_b_1117741.html

9 Comments

9 Comments


Read the Rules
[-] 2 points by HitGirl (2263) 12 years ago

Our destiny is being determined by a group of greedy, self-centered, uneducated rich people, who are utterly lacking in foresight and vision. How sad is that?

↥twinkle ↧stinkle reply
[-] 1 points by kingscrosssection (314) 12 years ago

How do you know that they're uneducated?

↥twinkle ↧stinkle reply
[-] 2 points by HitGirl (2263) 12 years ago

I stand corrected. They may be educated by current standards, but, certainly, they lack the will or wisdom to acknowledge economic and environmental realities. And this is a kind of intellectual failure.

↥twinkle ↧stinkle reply
[-] 1 points by kingscrosssection (314) 12 years ago

I think I see it as more of a moral failure.

↥twinkle ↧stinkle reply
[-] 2 points by HitGirl (2263) 12 years ago

OK. But there's a lot of self-deception involved as opposed to deliberate evil, I think. I guess it is a matter of character.

↥twinkle ↧stinkle reply
[-] 2 points by kingscrosssection (314) 12 years ago

Just a little thing I read recently. I would love to hear your reaction.

If a CEO approved of a business plan that would harm the environment and he knowingly approves. He says that, I know that this will harm the environment but I just want to make money. What is your take on that?

↥twinkle ↧stinkle reply
[-] 1 points by ellen2012 (1) 12 years ago

Another wise essay from Mr. Reich. I just don't get it, however. Why can't corporations understand these very simple economic principals? After all, when the entire house of cards finally comes down, they will lose all their money as well. Look at how much money has been lost in the stock market during this recession. Wealthy people also lost money. http://www.sciaticnervepainblog.com

↥twinkle ↧stinkle reply
[-] 1 points by looselyhuman (3117) 12 years ago

{Prof] Reich gets it right every time.

Yes he does.

We're in a vicious cycle. The only way out of it is to put more money into the pockets of average Americans. That means extending the payroll tax cut. And extending unemployment benefits.

Don't stop there. Create a WPA to get the long-term unemployed back to work. And a Civilian Conservation Corp to create jobs for young people.

Hire teachers for classrooms now overcrowded, and pay them enough to attract people who are talented as well as dedicated. Rebuild our pot-holed highways. Create a world-class infrastructure.

Pay for this by hiking taxes on millionaires.

Thanks for posting.

↥twinkle ↧stinkle reply