As the economy continues to shift, reliable, full-time work will become increasingly rare. The new economy is one of independent contractors and freelancers.
Corporate welfare is often approved under the guise of being good for the consumer. Some laws, like California's Proposition 13, give large breaks to Big Business at the expense of revenue for schools and roads.
Family-friendly policies from tech companies like Netflix should be welcome news, but such perks only apply to top-level talent, not the vast majority of American workers.
For the last thirty years almost all incentives operating on American corporations have resulted in lower pay for average workers and higher pay for CEOs and other top executives.
Political insiders don’t see that the biggest political phenomenon in America today is a revolt against the “ruling class” of insiders that have dominated Washington for more than three decades, says Robert Reich.
Racial inequalities are baked into our political and economic system, and it would be a a terrible mistake for the progressive movement to split into a 'Black lives matter' movement and an 'economic justice' movement.
Goldman Sachs helped Greece hide the true extent of its debt, and that only made the Greek debt crisis even worse.
Hillary Clinton's camp says she won't move to reinstate the Glass-Steagall Act, which prevented big banks from engaging in high-risk trading at while still offering traditional banking services. It's a mistake, both politically and economically.
The US Department of Labor proposed raising the overtime threshold from $23,600 a year to $50,400. What does this mean for the middle class?
The Supreme Court made monumental decisions on the Affordable Care Act and same-sex marriage. But, the Court made another important ruling regarding what Robert Reich calls the fight against "economic apartheid": the Fair Housing Act of 1968.
The US's estate tax of 40 percent only affects the richest of the rich. But some Congress members think this is too much – in reality, the estate tax should be raised, writes Robert Reich.
Texas' governor Greg Abbott requested federal help amid the tornadoes and floods that have pounded the state. However, Robert Reich argues that Texas officials' previous actions against the federal government make the state's plea for help awkward.
In the US, the decline of the middle class is nearly identical to the decline of American labor union membership. What does this mean for the future of unions and the US economy?
Corporation are not people and do not need subsidies or tax breaks, writes Robert Reich. Powerful companies do not need 'corporate welfare' – rather, real individuals and families need more support from the government.
Senator Bernie Sanders argues that American public colleges should be tuition-free. Higher education should be, writes Robert Reich, but the US needs to reexamine and reinvent the country's entire education system to prepare for tomorrow's economy.
Small businesses owners have long joined with big corporations to back certain Republican candidates. But now they're breaking rank and telling congressional Republicans not to make the deal at the very top of big businesses’ wish list – a cut in corporate tax rates.
President Obama chose Nike headquarters in Oregon to deliver a defense of his proposed Trans-Pacific Partnership last week, as the company announced measures to boost its US manufacturing operations. But Nike isn’t the solution to the problem of stagnant wages in America. Nike is the problem.
If the Trans Pacific Partnership is enacted, big corporations, Wall Street, and their top executives and shareholders will make out like bandits. Who will the bandits be stealing from? The rest of us.
Thanks to the consolidation of the airline, Internet, and other industries into a few large companies, American workers and consumers have fewer choices than we used to have. In almost every area of our lives, it’s now take it or leave it.
Flexible scheduling is designed to make retail outlets, restaurants, hotels, and other customer-driven businesses more nimble and keep costs to a minimum, at the cost of regular hours and financial stability for workers. We need a federal law requiring employers to pay for scheduled work.