Robert Reich on capitalism and democracy

13 October, 2007

Robert Reich has served in 3 US administrations, most recently as Labor Secretart under President Clinton. Now he is Professor of Public Policy at UC Berkeley and has brought out a book called Supercapitalism.

Now I don’t want to steal the guys thunder as he expounds his case in the video below in a much more elegant manner than this humble blogger can but he’s going on about how we now live in global economy and as result the nature of capitalism has changed and become more intense, couple this with a decline in civil society such as the trade unions and you begin to have real problems in the democratic process as ordinary people feel disempowered for the levers of political power.

Anyway, enough, sit back and go learn …

Hattip Social Europe

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