Good summary of portions of why we got here.
Interestingly, Reich does not talk about any major political reforms or consolidation.
The existing political structure is good enough for his initiatives as is, it seems.
But, has it not been that status quo political structure itself that got us the 'structural' economic problems he bemoans?
Theories that, say, it was just :
unhelpful individual politicians,
or unwise or corrupt political parties,
or just decades of bad economic advice,
or smarter or luckier or more industrious foreigners,
don't wash.
The existing political system made these outcomes, and this situation, feasible,
and in some ways, I would surmise, inevitable.
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