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" Can we please agree that in the real world, corporations exist for one purpose and one purpose only - to make as much money as possible, which means cutting costs as much as possible? "
Robert Reich
Purpose
Real
World
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" Community colleges are great bargains. They avoid the fancy amenities four-year liberal arts colleges need in order to lure the children of the middle class. "
Robert Reich
Community
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Need
" The only way to grow the economy in a way that benefits the bottom 90 percent is to change the structure of the economy. At the least, this requires stronger unions and a higher minimum wage. "
Robert Reich
Minimum Wage
Stronger
Change
" Your most precious possession is not your financial assets. Your most precious possession is the people you have working there, and what they carry around in their heads, and their ability to work together. "
Robert Reich
Work
Together
Financial
" One tax dodge often used by multi-national companies is to squirrel their earnings abroad in foreign subsidiaries located in countries where taxes are lower. "
Robert Reich
Used
Dodge
Squirrel
" It is hard to bite the hands that feed you, especially when you are competing for food. "
Robert Reich
Feed
Competing
Food
" If we want corporations to act differently, we have to force them to do so through laws that are fully enforced and through penalties higher than the economic benefits of thwarting the laws. "
Robert Reich
Through
Force
Laws
" In America, people with lots of money can easily avoid the consequences of bad bets and big losses by cashing out at the first sign of trouble. "
Robert Reich
People
America
Consequences
" 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
Evidence
Sometimes
Nation
" We never used to blink at taking a leadership role in the world. And we understood leadership often required something other than drones and bombs. We accepted global leadership not just for humanitarian reasons, but also because it was in our own best interest. We knew we couldn't isolate ourselves from trouble. There was no place to hide. "
Robert Reich
Best
Place
Leadership
" 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
Young
Sure
Rest
" Bankruptcy laws allow companies to smoothly reorganize, but not college graduates burdened by student loans. "
Robert Reich
Laws
College
Student
" To get back to the kind of shared prosperity and upward mobility we once considered normal will require another era of fundamental reform, of both our economy and our democracy. "
Robert Reich
Economy
Back
Normal
" Before the rise of the nation-state, between the eighteenth and twentieth centuries, the world was mostly tribal. Tribes were united by language, religion, blood, and belief. They feared other tribes and often warred against them. "
Robert Reich
World
Belief
Language
" No company can be expected to build a nuclear reactor, an oil well, a coal mine, or anything else that's one hundred percent safe under all circumstances. The costs would be prohibitive. It's unreasonable to expect corporations to totally guard against small chances of every potential accident. "
Robert Reich
Company
Circumstances
Small
" What are called 'public schools' in many of America's wealthy communities aren't really 'public' at all. In effect, they're private schools, whose tuition is hidden away in the purchase price of upscale homes there, and in the corresponding property taxes. "
Robert Reich
Hidden
Taxes
Tuition
" 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
Anger
Top
Positive
" Average working people need more fresh starts. Big corporations, banks, and Donald Trump need fewer. "
Robert Reich
People
Need
Fresh
" Standing up to bullies is the hallmark of a civilized society. "
Robert Reich
Civilized
Society
Standing
" Teachers, social workers, public lawyers who bring companies to justice, government accountants who try to make sure money is spent as it should be - all need at least four years of college. "
Robert Reich
Justice
Try
Government
" Government subsidies to elite private universities take the form of tax deductions for people who make charitable contributions to them. "
Robert Reich
Government
People
Elite
" As we segregate by income into different communities, schools in lower-income areas have fewer resources than ever. "
Robert Reich
Resources
Income
Ever
" Radical conservatives want to police bedrooms. "
Robert Reich
Conservatives
Radical
Want
" 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
Disease
Obesity
America
" A Democratic president should propose a major permanent tax reduction on the middle class and working class. I suspect most of the public would find this attractive. "
Robert Reich
Class
Working
Tax
" 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
Size
Debt
Government
" 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
Workers
Employer
Average
" Instead of worrying about who's American and who's not, here's a better idea: Create incentives for any global company to do what we'd like it to do in the United States. "
Robert Reich
Like
American
Better
" There will always be a business cycle, and white-collar workers will get hit in the next recession like they always do in recessions. "
Robert Reich
Workers
Always
Business
" America's real business leaders understand unless or until the middle class regains its footing and its faith, capitalism remains vulnerable. "
Robert Reich
Business
Faith
Capitalism
" I'm all in favor of supporting fancy museums and elite schools, but face it: These aren't really charities as most people understand the term. "
Robert Reich
People
Understand
Elite