The basic reality is American workers don’t have the power to raise their wages. Big American corporations have the power to raise their prices.
© 2021 robertreich.substack.comRobert Reich, is the Chancellor's Professor of Public Policy at the University of California, Berkeley, and a senior fellow at the Blum Center for Developing Economies. He served as secretary of labor in the Clinton administration, for which Time magazine named him one of the 10 most effective cabinet secretaries of the twentieth century.
His book include: "Aftershock" , "The Work of Nations" , "Beyond Outrage" and, "Saving Capitalism" . He is also a founding editor of The American Prospect magazine, former chairman of Common Cause, a member of the American Academy of Arts and Sciences, and co-creator of the award-winning documentary, "Inequality For All." Reich's newest book is "The Common Good" .
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