Beyond Outrage (Expanded, Enhanced Edition)
What has gone wrong with our economy and our democracy, and how to fix it
Robert B. Reich
This book is available for download with iBooks on your Mac or iOS device, and with iTunes on your computer. Books can be read with iBooks on your Mac or iOS device.
This new enhanced edition of Robert B. Reich’s Beyond Outrage features five entertaining and informative videos, over 20 illustrations by the author, and updated material.
America’s economy and democracy are working for the benefit of an ever-fewer privileged and powerful people. But rather than just complain about it or give up on the system, we must join together and make it work for all of us. In this timely book, Robert B. Reich argues that nothing good happens in Washington unless citizens are energized and organized to make sure Washington acts in the public good. The first step is to see the big picture. Beyond Outrage connects the dots, showing why the increasing share of income and wealth going to the top has hobbled jobs and growth for everyone else, undermining our democracy; caused Americans to become increasingly cynical about public life; and turned many Americans against one another. He also explains why the proposals of the “regressive right” are dead wrong and provides a clear roadmap of what must be done instead. Here’s a plan for action for everyone who cares about the future of America.
Almost Great Economic/Political Analysis
Reich understands insightfully (much of) what has gone wrong in the American economy and political system over the last few decades. But he evidences at least two important biases/blind spots: 1) he tends to see Republicans and Tea Party politicians as the bad guys, Democrats as the good guys. He fails to acknowledge the extent to which the Democrats as well have been bought and co-opted by Big Business, especially Wall Street. 2) He fails to understand, and critique, what is fundamentally different about our current, prevailing version of capitalism versus that of the mid-20th century. In the 1980's American business embraced a new conception of the purpose of a corporation (shareholder value maximization) that prioritized selfishness over service. And they began to grant CEO's large grants of stock and options that gave them huge incentives to maximize short-term profits at the expense of investments that would enlarge long term growth and productivity (see Roger L. Martin's book, Fixing the Game, for an insightful critique). Nevertheless, Reich's assessment gets most of the important issues right.