Robert Reich
American economist, professor and political commentator; US Secretary of Labor from 1993 to 1997 under Bill Clinton; professor of public policy at UC Berkeley; author of Saving Capitalism (2015).
Robert Reich did not write this page.
We collected these quotes from things they published elsewhere, and every quote links to where it was said. They have no account here and have not endorsed this site. Quotes are word for word; the short line under each one is our own restatement, not their wording. Their own site. Is this you? Claim it or ask us to remove it. Or tell us what is wrong here.
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Their wordsOr to put it a different way, making a fortune in America isn’t a zero-sum game.
↗How California’s Billionaires Are Proving that Billionaire Wealth Endangers Democracyrobertreich.substack.com 1st of 4 in this piece
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Our reading
Billionaire wealth becomes a public problem when it enters politics, because it throttles democracy.
Their wordsBillionaire wealth becomes a public problem when it finds its way into politics — making it harder for average voters to be heard. It throttles democracy.
↗How California’s Billionaires Are Proving that Billionaire Wealth Endangers Democracyrobertreich.substack.com 2nd of 4 in this piece
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Their wordsalthough wealth isn’t a zero-sum game, power definitely is a zero-sum game.
↗How California’s Billionaires Are Proving that Billionaire Wealth Endangers Democracyrobertreich.substack.com 3rd of 4 in this piece
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Their wordsThe more political power the billionaire class has, the less political power the rest of us have. Hence, the importance of taxing their wealth if we want to preserve our democracy.
↗How California’s Billionaires Are Proving that Billionaire Wealth Endangers Democracyrobertreich.substack.com 4th of 4 in this piece
- 8 days earlier
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Their wordsToday’s second Gilded Age is led by the billionaire barons of Big Tech, who are similarly living like kings while corrupting our democracy.
↗Why America Hates the Billionaire Barons of Big Techrobertreich.substack.com 1st of 3 in this piece
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Our reading
Big Tech’s AI investment is the largest gamble with the US economy since the 2008 financial crisis.
Their wordsThe billionaire barons are thereby exposing the U.S. economy to the largest gamble since Wall Street’s wanton betting led to the 2008 financial crisis
↗Why America Hates the Billionaire Barons of Big Techrobertreich.substack.com 2nd of 3 in this piece
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data centersenergyinfrastructureclimate change
Their wordsThe barons are also hastening climate change through the data centers’ exponential energy and water demands, along with the expansion and resurrection of fossil fuel infrastructure to power AI.
↗Why America Hates the Billionaire Barons of Big Techrobertreich.substack.com 3rd of 3 in this piece