The only part I think Reich omitted was explaining how the wealthy was able to accumulate all the wealth by having our purchases of their goods guaranteed through the government-backed capital and credit markets - instead of backing the risk themselves. Otherwise he is spot-on.
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if you beleive this I have land for sale 30 miles east of Sheboygan....at 200 bucks an acre
The only part I think Reich omitted was explaining how the wealthy was able to accumulate all the wealth by having our purchases of their goods guaranteed through the government-backed capital and credit markets - instead of backing the risk themselves. Otherwise he is spot-on.
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