Aftershock: The Next Economy And America's Future
Robert Reich in conversation with Richard Waters Robert Reich is former Labor Secretary, Professor of Public Policy at the University of California, Berkeley, Marketplace commentator on public radio and bestselling author Richard Waters is the West Coast Editor for the Financial Times. He appears regularly on the BBC, CNBC, MSNBC, CNNfn and NPR. In Aftershock Reich discusses the economic crisis—and a plan for dealing with the challenge of its aftermath. When the nation’s economy foundered in 2008, blame was directed almost universally at Wall Street. But he suggests a different reason for the meltdown, and for a perilous road ahead. He argues that the real problem is structural: it lies in the increasing concentration of income and wealth at the top, and in a middle class that has had to go deeply into debt to maintain a decent standard of living. Reich’s assessment of what must be done to reverse course and ensure that prosperity is widely shared represents the path to a necessary and long-overdue transformation. The Drucker Business Forum is produced by The Peter F. Drucker and Masatoshi Ito Graduate School of Management at Claremont Graduate University with additional support from the Pearson Foundation. The series is co-presented by KPCC.