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Publisher's Summary

The author of 12 acclaimed books, Robert B. Reich is a Chancellor’s Professor of Public Policy at the University of California, Berkeley, and has served in three national administrations.
While many blamed Wall Street for the financial meltdown, Aftershock points a finger at a national economy in which wealth is increasingly concentrated at the top - and where a grasping middle class simply does not have the resources to remain viable.
©2010 Robert B. Reich (P)2010 Recorded Books, LLC
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Critic Reviews

"Reich's thesis is well argued and frighteningly plausible: without a return to the 'basic bargain' (that workers are also consumers), the "aftershock" of the Great Recession includes long-term high unemployment and a political backlash - a crisis, he notes with a sort of grim optimism, that just might be painful enough to encourage necessary structural reforms." ( Publishers Weekly)
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Customer Reviews

Most Helpful
5 out of 5 stars
By Chris on 10-06-10

Very plausible assessment of our economy

I heard Mr Reich discuss this book on NPR and immediately downloaded this Audible version. His arguments are very clear, and I 100% agree with his analysis. I’m not completely sure I agree with his solutions – but they are thought provoking ideas. I energetically recommend this book to anyone who is trying to understand these times

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22 of 22 people found this review helpful

4 out of 5 stars
By Joshua Kim on 06-10-12

5 Concise Reasons to Read

I love short books. Can you recommend any good, but concise, nonfiction? Great reads under 200 pages?

Here are my 5 concise reasons to read Robert Reich's latest book "Aftershock: The Next Economy and America's Future"

Reason #1 - Conciseness: Most books are too long. Aftershock is a blessed 192 pages; 4 hours and 29 minutes short in audiobook format.

Reason #2 - Originality: Reich's big argument is that out economy is fundamentally unbalanced. That the growth of inequality that has concentrated economic gains among the top 5 percent of the populations has resulted in an inability of most Americans to adequately consume. We cannot afford to buy what we produce (a problem near and dear to the heart of any parent who works in higher education).

Reason #3 - The Higher Education Plan: Reich actually has a plan for higher education. He would make tuition free (to public institutions), and recoup the costs with a levy on future earnings for anyone who participated. His proposal is more complex than this description, and wildly unlikely to ever be enacted anywhere, but still fun to debate.

Reason #4 - History: Reich was one of the first academic popularizers that I discovered. Back in 1992, he wrote The Work of Nations: Preparing Ourselves for 21st Century Capitalism, in which he argued that economic gains and options would accrue to the "symbolic analysts" - those who manipulate and create information. Reich was ahead of the game in 1992, and if we had listened more carefully to his warnings we might be in better shape today.

Reason #5 - Narration: Reich narrates his own book - and does it beautifully. Usually reading what you have written does not work out so well. Narration is a skill best left to professional readers. But in this case, Reich is the right person to read his own words

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20 of 21 people found this review helpful

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