Business Robert Reich

  • Market Basket protests a victory for capitalism for all, not some

    Market Basket CEO Arthur T. Demoulas worked to keep prices low and pay his employees more. No wonder that when the board moved to oust him in favor of someone who would increase profitability for shareholders, managers, employees, and customers of Market Basket were outraged. 

  • The 'Soda Wars' are coming to your town

    Berkely, Calif. is facing major opposition from the beverage industry for its proposed soda tax, which will be on the ballot in November. The beverage industry has spent millions defeating such measures across the country, but can it do so in America's most progressive city? 

  • Why the poor are paying for Detroit's bankruptcy

    Detroit's bankruptcy is a model for how wealthier and whiter Americans escape the costs of public goods they’d otherwise share with poorer and darker Americans. Are Detroit, its public employees, poor residents, and bondholders the only ones who should sacrifice when 'Detroit' can’t pay its bills? Or does the relevant sphere of responsibility include Detroit’s affluent suburbs?

  • College shouldn't be the only gateway to the middle class

    Millions of young people head to college and universities, assuming that a four-year liberal arts degree is the only gateway to the American middle class. It shouldn’t be.

  • Back to school, and to widening inequality

    American kids are heading back to school, but they're entering back into a school system that is widening the achievement gap between lower and higher-income children. Here's what we can do about it. 

October 30, 2014

Photos of the day 10/30

Hindu devotees pray while standing in the Arabian Sea as they worship the Sun god Surya during the Hindu religious festival 'Chatt Puja' in Mumbai, India. Hindu women fast for the whole day for the betterment of their family and the society during the festival.

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