Central Thesis Of Reich’s Supercapitalism


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Robert B. Reich is a well respected scholar on political economy matters. He has curved his name as an author, professor in various universities and as a political commentator. His stint as the secretary of labor during Clinton’s era is termed as a successive one. In 2007, Reich authored the controversial book, Supercapitalism. Just like any other outspoken author, Reich’s super-capitalism has attracted criticism and praises in equal measure. It is imperative to know the central thesis exposed in super-capitalism that has attracted this mixed views. Central Thesis Of Reich’s Supercapitalism.

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The growing inequality, the recession occasioned partly by these corporation and the need for restoring the American dream are some of the issues that the book will help every American in looking at. The book also raises issues of critical concern (Thompson 2007: 77). How far should the government allow free trade? How far should the government regulate companies? As the American seek to control advancement of corporation for the sake of national good, how it will be done to ensure that they are not disadvantaged to compete with other global corporations in a new liberal economy. Reich book is in a position to open these conversations.

List of References

Bowles, S. & Gintis, H. (1987) Democracy and Capitalism: Property, Community, And The Contradiction Of Modern Social Thought. Washington: Basic Books, 46-144.

Butts, D. (2003) How Corporations Hurt Us All: Saving Our Rights, Democracy, Institutions, And Our Future. Washington: Trafford Publishing., 200- 214

Gilbert, D. (2010) The American Class Structure In an Age of Growing Inequality. Ney York: Pine Forge Press, 221-234.

Larns, R. (2009) “Robert Reich’s Supercapitalism”. A review: The Economist Populist, 41(5): 1-6

Mazenauer, B. (2008) “Robert Reich’s super-capitalism: how the economy undermines democracy”. Miami independent media center. May 07, 2008.

Reich, R. (2010) Aftershock: The Next Economy and Americas’ Future. New York: Knopf Books, 6-34

Reich, R. (2009) Super-Capitalism: The Battle for Democracy in an Age of Big Businesses.  New York: Icon Books, 19-288

Reinch, R. (2008) Supercapitalism. The transformation of business, Democracy, and Every day Life New York:  Vintage Books, 22-288

Thompson, M. (2007) The Politics of Inequality: A Political History of the Idea of Economic Inequality In America. San Francisco: Columbia University Press, 6-17.