Saving Capitalism, For the Many, Not the Few, Robert Reich

[mother earth]

5. Your line of thinking is much more in line with Richard D. Wolff's (DemocracyatWork.info),

also see https://www.youtube.com/user/democracyatwrk.

I wouldn't say Reich would be opposed to such reforms but is perhaps more focused on breaking up the monopolies, I would imagine he would embrace such other changes, as it will take many reforms to clean up the debt enslavement and predatory capitalism we have in place.

Here is another article which explains a few of Reich's points as far as reform, and an excerpt with link to the full article:

http://www.alternet.org/economy/robert-reich-capitalism-can-be-reformed-americas-wealthy-class-will-fight-it

Thus, Reich touts a handful of well-known reforms to rebalance the current economy’s distortions. Federal antitrust enforcement would help smaller business compete and usher in new entrepreneurial energy. Reversing the decline of labor unions would increase the bargaining power of employees in many industries, who typically have seen their wages stagnate as executive suite pay has skyrocketed. And the benefits given by government to incorporating businesses should be tied to workplace practices. “Limited liability, life in perpetuity, corporate personhood for the purposes of making contracts and the enjoyment of constitutional rights—would be available only to entities that share the gains from the growth with workers while also taking the interests of their communities and the environment into account.”

Personally, I don't know that capitalism isn't "fixable", what we are dealing with is predatory capitalism combined with hijacked gov't. It does not in any way resemble the system that once was, laws are dictated by corporations, corporations and banks are not accountable to law, they merely face fines when they knowingly cause harm and even death, is that what capitalism is? I think not. I think we are dealing with criminality, not an economic force, but a crime wave. Our highest court seems to have turned a blind eye, along with our gov't. How do you fight that?

I do agree a greater overhaul is in order, it's going to take more than an election to cure this. As Richard Wolff says, it's going to take a social movement, Bernie has also said the same. Before we can become "owners" at the workplace, we had better become "owners" of our gov't, we all know things are NOT as they should be.