Aftershock : The Next Economy and America's Future

from ebnelson

There's much to like about this book. Its central claim about the increasing inequalities between the richest Americans and the middle class are irrefutable and supported with good historical analysis. Reich identifies three realities which have pacified the middle class: women in workplace, incr...

from epersonae

"To summarize: the fundamental problem is that Americans no longer have the purchasing power to buy what the US economy is capable of producing. The reason is that a larger and larger portion of total income has been going to the top. What's broken is the basic bargain linking pay to production. ...

from ebnelson

There's much to like about this book. Its central claim about the increasing inequalities between the richest Americans and the middle class are irrefutable and supported with good historical analysis. Reich identifies three realities which have pacified the middle class: women in workplace, incr...

from OldRoses

Many years ago when I was in college (back when dinosaurs roamed the earth), there were no required courses other than the ones for your major. You better believe I didn't crack a math or science text for four years. But, once I graduated and entered the real world, I discovered that there is a r...

from jcbrunner

At under 200 pages, this book is too short. It is divided into three parts. Part I presents a good but still too complicated version of the rising inequality in American society. Reich's account will be familiar to readers of Paul Krugman or Elizabeth Warren. Middle class Americans have to work h...