Saving Capitalism

In 2013 Jacob Kornbluth (Director) and Robert Reich, a former U.S. Labor Secretary under President Bill Clinton, brought us Inequality for All. Available for rental or purchase at Amazon, I highly recommend it.

In that documentary Mr. Reich noted that we were in the biggest economic slump since the Great Depression and he sought to raise awareness of the country’s widening economic gap.

In their latest collaboration, Saving Capitalism, Mr. Reich steps out of the liberal bubble and goes on a road trip through the heartland of America. The film is described as a journey within a journey – the emotional journey of Mr. Reich traveling through America in the hopes of finding common ground – and the intellectual journey of discovering what American Capitalism is in time to save it.

The time is critical. That’s why Robert Reich hits the road, to discuss the economy with the people (conservatives) who don’t normally hear Mr. Reich talk and are less likely to be receptive to his message. Mr. Reich believes we are as divided politically and economically as at any moment in recent memory. At tipping points like this, the anger can be focused positively – towards constructive reform – or negatively towards demagogues and fear-mongering.

Saving Capitalism comes to Netflix on November 21st.

Blogger-in-Chief here at RetirementSavvy and author of Sin City Greed, Cream City Hustle and RENDEZVOUS WITH RETIREMENT: A Guide to Getting Fiscally Fit.

2 Comments

  1. Thanks, James. I just put “Saving Capitalism” on my viewing list. It’s a very tough problem. I think most of our problems are cultural. One major cultural divide is our attitudes toward government. Some Americans want more, and some Americans want less. I’m wondering if both groups can be made happy? In other words, perhaps we can unbundle some government services and let people choose which ones they want? I’m working on a post that will explore this. And I’m sure “Saving Capitalism” will help my post be more thoughtful.

    • I would disagree that most of our problems are cultural, which often translates to the idea that certain groups within our society are inherently less moral, less capable, etc. I believe most problems stem from the a belief by some – generally those on the right along the political spectrum – that our political system (representative democracy) and economic system (capitalism) operate in such a fashion as to provide equality of opportunity. And of course they act (e.g. vote, support specific policies, etc.) in ways that support that belief. I believe it is less a question of more or less government (interestingly, there is ample evidence that the size of government increases under Republicans though they claim to be the party of smaller government) and whether capitalism is inherently a good or bad economic system; and more a question of how do we get to the point – and maintain – where our political and economic systems work in tandem, in such a way, to truly provide equality of opportunity.

      Thanks for stopping by and sharing your thoughts. I look forward to getting your feedback once you’ve had a chance to view the documentary.

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