Thursday, October 1, 2015

Robert Reich interview

In this recent Robert Reich interview he is asked about his new book Saving Capitalism. Some think there's no problem with it as it is, other say we need to get rid of it altogether. Reich thinks its the wrong question; instead we should focus on how to fix it to serve everyone. He emphasizes this is how the democratic socialist countries approach the problem and we should emulate them. As to the so-called free market his says this:


“There is no free market. And the kind of battle that we’ve had between liberals and conservatives for the past 40 years or 50 years, between do you trust the market or do you trust government, is a fatuous and silly battle, because you can’t have a market without government creating the rules of that market. And it’s in those rules, exactly as you said, Juan—and this is what the point of the book is—it’s inside those rules that you find the most important issues that ought to be debated.”

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