Short Synopsis
Since the 1970s, the U.S. economy has soared. American capitalism has been a triumph, and it has spread throughout the world. At the same time, argues former secretary of labor Robert B. Reich, democracy in America has has grown less responsive to the citizenry, and people are feeling more and more helpless as a result. In Supercapitalism, Reich discusses how capitalism has spilled over into politics and shows how supercapitalism threatens democracy.

Full Synopsis
Since the 1970s, and notwithstanding three recessions, the U.S. economy has soared. Consumers have been treated to a vast array of new products, while the prices of standard goods and services have declined. Companies have also become far more efficient and the stock market has surged. In short, American capitalism has been a triumph, and it has spread throughout the world.

At the same time, argues former secretary of labor Robert B. Reich, the effectiveness of democracy in America has declined. It has grown less responsive to the citizenry, and people are feeling more and more helpless as a result. In Supercapitalism, Reich discusses how capitalism has spilled over into politics, how it threatens democracy, and how citizens both benefit from and lose out because of supercapitalism.

"Supercapitalism reminds us that the power of political courage grows when it is joined with clear thinking." ---Bill Bradley, author of The New American Story

"A grand debunking of the conventional wisdom.... Reich's argument is right on target." ---The New York Times Sunday Book Review

New York Times Bestseller

Audiofile Bestseller