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The foundation of the economy of developed countries has always been the middle class. But even in the most powerful of them, for example in the USA, it can be under threat. What hinders the development of the middle class? Why does the 1 percent get tens of times more than the other 99? Is the American dream just a chimera?
In this book, Robert Reich points to the reason: the hidden influence of the wealthiest elites on the free market. Reich criticizes monopolies, corporate lobbying, unequal distribution of capital, dynastic wealth.
The author looks for ways to strengthen the middle class and transform capitalism into a system that benefits everyone equally.
Robert Reich is a well-known political analyst, professor at the Richard and Rhoda Goldman School of Public Policy at the University of California, Berkeley, and former US Secretary of Labor. He worked in the administrations of Presidents Jimmy Carter and Bill Clinton. Time magazine recognized him as one of the best government officials of the century, and the Wall Street Journal included him in the ranking of the most influential business thinkers (2008).