23 Jul WHAT IS CREATIVE DESTRUCTION?
Answer the following short essay questions based on the book Beyond Outrage by Robert B. Reich.
1.Reich says we still have not learned the lesson of the great depression of the nineteenth thirties. What is that lesson?
2.Reich says that despite a relatively high unemployment rate jobs are not really the main problem in our current economy what is? What is his argument/evidence for this?
3. Select any three of Reichs proposal for reform. Then briefly explain them including whether or not you think it might be feasible or not.
4. Reich says that the regressive right endlessly repeats a number of big lies until eventually the people begin the believe them. Pick any two of these and explain why they are not true.
5.What is the theory of responsibility that underlies our business social responsibilities?
6.What are some of the major divisions and cleavages promoted by the regressive rights divide and concur strategies?
7.What is creative destruction?
8.Reich says that the system is rigged against regular people in the U.S. partly because while elite top 1% shoulder little risk middle and lower class individuals are fazed with real risk what are these risks?
9.Why are business and government these days the only two institutions with the power and authority to accomplish important social and political tasks?
10.What was the great switch as Reich terms the radical change in governmental tax policies in the last thirty years?
11.Reich seems to believe in an old bumper sticker from the 1960s that read if the people lead the leaders will follow what does he mean with this approach to reform and change?
12.The regressive right uses blame the victim politics very affectively. What are there principle strategies as outlined by Reich?
13.Reich says that the basic bargain underlying our economy has been broken what was this basic bargain and how was it broken?
14.Reich claims in his book that contrary to conservatives the size of government is not the issue. According to him what is the real issue and why?
15.How has families in the United States coped with the long severe decline in real wages and salaries since 1980?
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