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Socialism For Rich Bankers And Capitalism For Everyone Else.
-Robert Reich
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Socialism For Rich Bankers And Capitalism For
Robert Reich
Socialism For Rich Bankers And Capitalism For Everyone Else.
Views: 33
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Bankers
Socialism
Rich
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One Thing I've Learned From 35 Years In The Classroom Is That People Learn Best When They Are Laughing, When They Are Emotionally Hit, That It's Both The Brain And The Heart.
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If Consumers Don't Have The Wherewithal To Spend Because All The Money's Going To The Top, And The People At The Top Only Spend A Very Small Fraction Of What They Earn, Then The Economy Is Almost Inevitably Destined To Slow.
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Technology Enables Consumers And Investors To Have Extraordinary Choice And Ease Of Switching, Which, In Turn, Stimulates Much Fiercer Competition Than Ever Before, Which, In Turn, Makes It Imperative For Every Institution To Innovate Like Mad. That Innovation Is Powering Our Economy These Days, And It Requires Companies To Find And Utilize Creative Workers. That's The Most Important Syllogism Going; Technology Is Embedded In That Syllogism, But It's Not As If We're Seeing These Productivity Gains Because Of The Technology.
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It's Very Hard To Establish An Economy Of Trustworthiness. The Key Is Continuing To Innovate And To Keep Your Customers Through Innovation, Because The Customers Can Leave. But Once You Are A Dominant Player That Continues To Innovate And Provide A Good Deal, Customers Will Stay With You.
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I, From The Luxury Of My Laptop Computer, Can Summon Extraordinary Bargains On Everything I Want, And I Can Also Move My Savings Anywhere. This Ability To Choose More Broadly And To Switch More Easily Is The Central Fact Of Modern Economic Life.
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