Robert Reich on the “Great Recession” and 1929


The UC Berkeley professor and former Clinton cabinet officer is making the rounds promoting his latest book, Aftershock: The Next Economy and America’s Future.

In this brief video Reich [5:25] talks about the crash and its parallels with the Great Depression, starting with the fact that the last time wealth was as concentrated as it is today was in 1929.

For a longer talk by the Berkeley prof, The Situationist offers a video [in four parts] from his recent talk at New York’s Strand Bookstore, an esnl favorite.

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