Robert Reich Quotes

Powerful Robert Reich for Daily Growth

About Robert Reich

Robert B. Reich, born on June 24, 1946, is an American political economist, professor, author, and public speaker renowned for his insightful commentary on the contemporary economy and political landscape. Reich was born in Portland, Maine, and raised in a working-class family that instilled values of hard work, social responsibility, and empathy. He attended Dartmouth College, graduating Phi Beta Kappa, before pursuing his graduate studies at Oxford University as a Rhodes Scholar. He then earned a law degree from Yale Law School in 1970. In the early 1970s, Reich joined the Harvard University's Economics Department and Kennedy School of Government, where he remained for more than two decades. During this time, he was also a member of President Carter's Economic Policy Review Board and served as Secretary of Labor under President Clinton from 1993 to 1997. Reich is well-known for his clear, accessible explanations of complex economic issues. He has authored numerous books, including "The Work of Nations" (1991), "Supercapitalism" (2007), and "Saving Capitalism from Itself" (2015). His works often critically analyze the impact of corporate power on American democracy and offer solutions for a more equitable society. In addition to his academic and governmental roles, Reich is a frequent contributor to various media outlets such as The New York Times, The Washington Post, and CNN. He currently serves as Chancellor's Professor of Public Policy at the Goldman School of Public Policy at the University of California, Berkeley. Robert Reich continues to be an influential voice in American politics and economics, advocating for policies that promote social and economic justice. His work has been translated into over 20 languages, reflecting his global impact on understanding contemporary political economy.

Interpretations of Popular Quotes

"Inequality is a threat to the survival of any community."

The quote by Robert Reich suggests that extreme wealth disparity within a society can lead to its demise. Inequality undermines social cohesion, fosters resentment among the less privileged, and weakens the collective strength of a community. In essence, when wealth is concentrated in a few hands, it stifles economic mobility for many, impedes the provision of essential public goods and services, and erodes the sense of shared purpose that keeps societies together. Thus, a commitment to addressing inequality is crucial for the long-term survival and prosperity of any community.


"The function of economic power is to create wealth for all of us, not just for a wealthy few."

This quote emphasizes the fundamental purpose of economic power should be to generate prosperity for everyone, rather than solely benefiting a select group. The wealth generated through economic means, whether it's a company or an industry, exists to uplift society as a whole, creating opportunities and improving living standards for all members of our communities, not just the privileged few. This perspective promotes equitable growth and social justice.


"The most dangerous thing you can do in this country is to disrupt someone else's lifestyle."

This quote by Robert Reich underscores the fear and resistance that people often exhibit towards change, especially when it challenges their established ways of living or societal norms. The statement implies that any action or idea that threatens an individual's comfortable lifestyle can provoke strong backlash and be perceived as a danger to the status quo, even if such change is ultimately beneficial for society as a whole. By addressing this human tendency towards fear of change, Reich encourages us to consider alternative perspectives and embrace progress, despite potential disruptions to our lifestyles.


"We used to think that large corporations were necessary evils, to be tolerated so long as they didn't become too powerful. Now we have come to revere them as if they were the embodiment of free markets and democracy itself."

This quote by Robert Reich highlights a shift in societal perspective towards large corporations over time. Initially, these corporations were seen as necessary but problematic entities, tolerated for their contributions to economic growth while keeping potential power in check. However, with the passage of time, the perception has changed such that large corporations are now often viewed not just as components of free markets, but even as embodiments of democracy itself. This transformation suggests a growing tendency to equate corporate success and influence with the health and vitality of our democratic society, potentially blurring the lines between corporate interests and public good.


"The most important thing we can do for our children is to help them develop a strong sense of empathy and compassion, and to give them the skills to succeed in the modern economy."

Robert Reich's statement emphasizes the significance of nurturing empathy and compassion alongside professional skills in our children. In the modern world, academic or technical prowess alone is insufficient; what truly matters is their ability to understand, respect, and care for others. Developing empathy and compassion will allow them to build meaningful connections and contribute positively to society. Equally important is equipping them with the skills necessary to navigate the economy effectively, ensuring they can thrive and make a difference in their chosen field.


A society - any society - is defined as a set of mutual benefits and duties embodied most visibly in public institutions: public schools, public libraries, public transportation, public hospitals, public parks, public museums, public recreation, public universities, and so on.

- Robert Reich

Benefits, Hospitals, Set, Institutions

The generosity of the super-rich is sometimes proffered as evidence they're contributing as much to the nation's well-being as they did decades ago when they paid a much larger share of their earnings in taxes.

- Robert Reich

Well-Being, Evidence, Larger, Generosity

Most financiers, corporate lawyers, lobbyists, and management consultants are competing with other financiers, lawyers, lobbyists, and management consultants in zero-sum games that take money out of one set of pockets and put it into another.

- Robert Reich

Other, Competing, Financiers, Consultants

We already have an annual wealth tax on homes, the major asset of the middle class. It's called the property tax. Why not a small annual tax on the value of stocks and bonds, the major assets of the wealthy?

- Robert Reich

Wealth, Small, Middle, Bonds

The curious thing is Americans don't mind individual mandates when they come in the form of payroll taxes to buy mandatory public insurance. In fact, that's the system we call Social Security and Medicare, and both are so popular politicians dare not touch them.

- Robert Reich

Insurance, Fact, Buy, Mandatory

The silent majority really is a liberal majority, even though the word liberal has taken a real beating over the last 20 years by radical conservatives.

- Robert Reich

Silent, Over, Though, Beating

Much of what's called 'public' is increasingly a private good paid for by users - ever-higher tolls on public highways and public bridges, higher tuitions at so-called public universities, higher admission fees at public parks and public museums.

- Robert Reich

Fees, Private, Increasingly, Bridges

Technology is changing so fast that knowledge about specifics can quickly become obsolete. That's why so much of what technicians learn is on the job.

- Robert Reich

Learn, Quickly, Technicians, Obsolete

Walmart isn't your average mom-and-pop operation. It's the largest employer in America. As such, it's the trendsetter for millions of other employers of low-wage workers.

- Robert Reich

Average, Largest, Employers, Operation

Our moral authority is as important, if not more important, than our troop strength or our high-tech weapons. We are rapidly losing that moral authority, not only in the Arab world but all over the world.

- Robert Reich

Strength, More, Over, Troop

In the 1980s, corporate raiders began mounting unfriendly takeovers of companies that could deliver higher returns to their shareholders - if they abandoned their other stakeholders.

- Robert Reich

Other, Began, Shareholders, Unfriendly

Centrism is bogus.

- Robert Reich

Bogus

Yes, the rich will find ways to avoid paying more taxes, courtesy of clever accountants and tax attorneys. But this has always been the case, regardless of where the tax rate is set.

- Robert Reich

Always, Been, Set, Tax Rate

Over the long term, the only way we're going to raise wages, grow the economy, and improve American competitiveness is by investing in our people - especially their educations.

- Robert Reich

Grow, Over, Going, Our People

In 1968, the sanitation workers of Memphis tried to form a union. The city resisted. The Rev. Martin Luther King, Jr. came to support them. That was where he lost his life.

- Robert Reich

Life, City, Martin Luther, Luther

Globalization and free trade do spur economic growth, and they lead to lower prices on many goods.

- Robert Reich

Lower, Goods, Many, Globalization

Our young people - their capacities to think, understand, investigate, and innovate - are America's future.

- Robert Reich

Think, Young, Understand, Capacities

Sugary drinks are blamed for increasing the rates of chronic disease and obesity in America. Yet efforts to reduce their consumption through taxes or other measures have gone nowhere. The beverage industry has spent millions defeating them.

- Robert Reich

Through, Other, Drinks, Consumption

Median wages of production workers, who comprise 80 percent of the workforce, haven't risen in 30 years, adjusted for inflation.

- Robert Reich

Percent, Production, Adjusted

As public schools deteriorate, the upper-middle class and wealthy send their kids to private ones. As public pools and playgrounds decay, the better-off buy memberships in private tennis and swimming clubs. As public hospitals decline, the well-off pay premium rates for private care.

- Robert Reich

Wealthy, Hospitals, Private, Pools

We need a national infrastructure bank to rebuild our crumbling highways and water and sewer systems, thereby putting additional people back to work.

- Robert Reich

Need, Rebuild, Putting, Highways

Official boundaries are often hard to see. If you head north on Woodward Avenue, away from downtown Detroit, you wouldn't know exactly when you left the city and crossed over into Oakland County - except for a small sign that tells you.

- Robert Reich

City, Small, Away, Woodward

Those at the top would do better with a smaller share of a booming economy that elicits a positive politics than they will do with an ever-larger share of an anemic economy that fuels the politics of anger.

- Robert Reich

Politics, Will, Smaller, Booming

Tea Partiers hate government more than they hate the national debt. They refuse to reduce that debt with tax increases, even with tax increases on the wealthy, because a tax increase doesn't reduce the size of government.

- Robert Reich

More, Wealthy, Reduce, Tax Increase

Bankruptcy laws allow companies to smoothly reorganize, but not college graduates burdened by student loans.

- Robert Reich

College, Allow, Companies, Smoothly

The faith that anyone could move from rags to riches - with enough guts and gumption, hard work and nose to the grindstone - was once at the core of the American Dream.

- Robert Reich

Nose, Could, Move, Rags

Harvard, Yale, Princeton, and the rest of the Ivy League are worthy institutions, to be sure, but they're not known for educating large numbers of poor young people.

- Robert Reich

Rest, Sure, Large, Princeton

So why don't nurses do home visits to Americans with acute conditions? Hospitals aren't paid for it.

- Robert Reich

Hospitals, Visits, Acute, Nurses

Economies are risky. Some industries rise, and others implode, like housing. Some places get richer, and others drop, like Atlantic City. Some people get new jobs that pay better, many lose their jobs or their wages.

- Robert Reich

Drop, Housing, Some, Richer

We don't have to sit by and watch our meritocracy be replaced by a permanent aristocracy, and our democracy be undermined by dynastic wealth.

- Robert Reich

Wealth, Watch, Undermined, Sit

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