I have the greatest respect and admiration for Robert Reich and have had for years. But the problem is not a few, or a lot, of money-hungry robber barons or politicians on the take who are hoarding most of the money. They think wealth is the acquisition and accumulation of more and more material goods, but this isnt the problem either. The problem is that we, including Reich, have bought into that story. In all the talk about inequality, the only solution Ive heard from Reich is to get money back into the hands of the middle class so they can spend it on consumer goods. Consumerism has been the economic driver since the beginning of the Industrial Revolution, and is now driving us into the rising tides of devastation. We must redefine wealth, progress, success, etc., and find something else that will drive the economy, perhaps alternative energy. More and more consumption is not sustainable and in the long-term will not make anyone wealthy in any meaningful way, including the Koch brothers.
Posted on: Sat, 29 Mar 2014 16:12:28 +0000
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