The Rebirth of Stakeholder Capitalism?

The Rebirth of Stakeholder Capitalism? by Robert Reich

Robert Reich: 27 states have passed laws allowing companies to incorporate as “benefit corporations.” This gives directors legal protection to consider the interests of all stakeholders rather than just the shareholders.

Work and Worth

Work and Worth

Robert Reich: Does anyone seriously believe hedge-fund mogul Steven A. Cohen is worth the $2.3 billion he raked in last year, despite being slapped with a $1.8 billion fine after his firm pleaded guilty to insider trading?

Rise of the Non-Working Rich

inherited wealth

Robert Reich: The “self-made” man or woman, the symbol of American meritocracy, is disappearing. Six of today’s ten wealthiest Americans are heirs to prominent fortunes.

Rescue The Middle Class: Save Capitalism

Saving Capitalism

Robert Reich: Business leaders know the U.S. economy can’t get out of first gear as long as wages are declining. And their own businesses can’t succeed over the long term without a buoyant and growing middle class.

3 Biggest Right-Wing Lies About Poverty

Lies About Poverty

Robert Reich: So why do so many right-wing Republicans tell these three lies? Because they make it almost impossible to focus on what the poor really need – good-paying jobs, adequate safety nets, and excellent schools.

Seattle Got It Right

Seattle Raises Minimum Wage

Robert Reich: The gains from a higher minimum wage extend beyond those who receive it. More money in the pockets of low-wage workers means more sales, especially in the locales they live in – which in turn creates faster growth and more jobs.

Freedom Summer II

Freedom Summer

Robert Reich: Although Walmart is no Bull Connor, it’s the poster child for keeping low-wage workers down. America’s largest employer, with 1.4 million workers, refuses to provide most of them with an income they can live on.

How the Right Wing Is Killing Women

Women Dying in Childbirth

Robert Reich: For every 100,000 births in America last year, 18.5 women died. That’s compared to 8.2 women who died during pregnancy and birth in Canada, 6.1 in Britain, and only 2.4 in Iceland.

Raise Minimum Wage to $15 an Hour?

minimum-wage-602

Robert Reich: At a time in our history when 95 percent of all economic gains are going to the top 1 percent, raising the minimum wage to $15 an hour isn’t just smart economics and good politics. It’s also the morally right thing to do.

Why the Lousy Jobs Report Boosted Wall Street

wall-street-jobs-600

Lousy Jobs Report: As companies focus on short-term prices at the expense of long-term growth, we’re in for years of sluggish performance.

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