"More Americans than ever before believe the economy is rigged in favor of Wall Street and big business and their enablers in Washington. We’re five years into a so-called recovery that’s been a bonanza for the rich but a bust for the middle class… (w)hich is fueling a new populism on both the left and the right. While still far apart, neo-populists on both sides are bending toward one another and against the establishment."
RAZFX @ News From A Parallel World notes Robert Reich, former Secretary of Labor in the Clinton administration, Chancellor’s Professor of Public Policy at the University of California at Berkeley and Senior Fellow at the Blum Center for Developing Economies, is suggesting populist revolution, America V2.0, is in the works (alpha).
Reich offers what he calls ‘six principles’ around which he sees left and right joining together. Roughly: nail the bankers and the banks, end corporate welfare, stop mass surveillance, stop attacking people everywhere, resurrect Glass-Steagall, and stop travesties such as the TPP.
These issues each have healthy popular majorities. Each transcends party identification. Each is critical. We have a chance now to smash the spectrum and in doing so salvage enough of America to haul our sorry asses back from the grave…
Just for reference… Robert Bernard Reich’s CV (wikipedia
Robert Bernard Reich (/ˈraɪʃ/; born June 24, 1946) is an American political economist, professor, author, and political commentator. He served in the administrations of Presidents Gerald Ford and Jimmy Carter and was Secretary of Labor under President Bill Clinton from 1993 to 1997.
Reich is currently Chancellor’s Professor of Public Policy at the Goldman School of Public Policy at the University of California, Berkeley. He was formerly a professor at Harvard University’s John F. Kennedy School of Government and professor of social and economic policy at the Heller School for Social Policy and Management of Brandeis University. He has also been a contributing editor of The New Republic, The American Prospect (also chairman and founding editor), Harvard Business Review, The Atlantic, The New York Times, and The Wall Street Journal.
Reich is a political commentator on programs including Hardball with Chris Matthews, This Week with George Stephanopoulos, CNBC’s Kudlow & Company, and APM’s Marketplace. In 2008, Time magazine named him one of the Ten Best Cabinet Members of the century, and The Wall Street Journal in 2008 placed him sixth on its list of the “Most Influential Business Thinkers”. He was appointed a member of President-elect Barack Obama’s economic TRANSITION (emphasis mine -ed) advisory board.