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One logical consequence of this New Economy composed of big brands and entrepreneurial groups is that the unit of production is no longer a particular, identical product. The unit of production is the creative individual.

Robert Reich

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Robert Reich
Age: 78
Born: 1946
Born: June 24
Economist
Former United States Secretary Of Labor
Political Scientist
Politician
University Teacher
Scranton
Pennsylvania
Robert Bernard Reich
Individual
Production
Product
Consequence
Entrepreneurial
Groups
Unit
Longer
Composed
Particular
Identical
Economy
Brands
Creative
Logical

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When the President decides to go to war, he no longer needs a declaration of war from congress.
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I started in the law and the study of law, when it precedes the study of economics, gives you a set of foundation principles about how human beings interact. Economics is very useful, and I studied economics in graduate school. But without understanding the social and organizational context of economics, it becomes a theory without any groundwork.
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I wish it were simply a nightmare, but I think that any reasonable person watching American politics would come to the conclusion that a second Bush administration would in fact incorporate a more radicalized version of what we've seen in the first administration.
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I have found over the years that the most important way of getting people to relax is self-deprecating humor.
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Well-trained and dedicated employees are the only sustainable source of competitive strength.
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The poverty line understates the true amount of poverty because it measures it as three times the breadbasket that a family needs, but it doesn't consider all the other things that are inflating far, far faster than food prices.
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If you give up on politics, you're giving up on democracy. And if you give up on democracy, you're basically saying to the moneyed interests, the powerful people and institutions of society, take it all. That's a self-fulfilling prophecy. Then we give up. Then we are 100 percent plutocracy.
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The only way America can reduce the long-term budget deficit, maintain vital services, protect Social Security and Medicare, invest more in education and infrastructure, and not raise taxes on the working middle class is by raising taxes on the super rich.
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Social change occurs when the gap between the ideals that people hold and the reality that they see every day gets too large.
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I mean, you hear the word 'globalization' over and over and over again. Globalization, globalization, globalization. Rarely has a word gone so directly from obscurity to meaninglessness without any intervening period of coherence.
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If leadership is about anything, it's about leading. Not leading people back to where they already are, because they don't need that. They're already there.
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The path to success used to be up and through an organization. Now the path to success is increasingly through self-promotion.
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True patriotism isn't cheap. It's about taking on a fair share of the burden of keeping America going.
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Corporations are not people, despite what the Supreme Court says, and they don't need or deserve handouts.
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There`s sort of a chilling effect on non-profits and the media and a lot of other places because the establishment is so powerful. That`s where the money is.
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Any bank that is too big to fail is too big. Period.
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America's real business leaders understand unless or until the middle class regains its footing and its faith, capitalism remains vulnerable.
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Most Americans are on a downward escalator. Median wage in the United States, adjusted for inflation, keeps on dropping.
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Cutting taxes is not bad. But if you cut taxes on the wealthy, which is what they wanted to do, you're not helping people who need better schools and better infrastructure and healthcare. You're basically robbing the middle class and the poor to provide tax cuts to the rich.
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It's very hard to establish an economy of trustworthiness. The key is continuing to innovate and to keep your customers through innovation, because the customers can leave. But once you are a dominant player that continues to innovate and provide a good deal, customers will stay with you.
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