We love low prices, sure, but we frown at the things companies do to get us good deals -- like paying low wages. In his book Supercapitalism, economist Robert Reich looks at the divided mind of the consumer and citizen. Reich subtitles his book "The Transformation of Business, Democracy, and Everyday Life," and in it he asks tough questions about American priorities: "Why has capitalism become so triumphant and democracy so enfeebled? Are these two trends connected? What, if anything, can be done to strengthen democracy?"Listen to the full Fresh Air podcast here. See also: The Work of Nations: Preparing Ourselves for 21st Century Capitalism
Wednesday, September 12, 2007
Robert Reich Looks Askance at 'Supercapitalism' from NPR Programs: Fresh Air from WHYY
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