Robert Reich | Aftershock – a synopsis

Robert Reich in his book Aftershock describes the deteriorating state of financial affairs for Middle America leading up to the financial meltdown in September 2008. Much like the crash in 1929 that lead to the great depression, much of it was caused by income disparity in the nation. The chasm between rich and middle class was too wide. The narrative starts with income disparity in the 1950’s through the first decade of the 21st century. As more and more wealth is concentrated in fewer and fewer people, consuming has to…

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