What is Oligarchy? | Robert Reich

Sdílet
Vložit

Komentáře • 1K

  • @RBReich
    @RBReich  Před 5 lety +315

    Thanks for watching. If you found this video informative, be sure to also watch our video on 10 ways to save American democracy: czcams.com/video/3OUbWJrbzog/video.html

    • @UpperCaseX
      @UpperCaseX Před 5 lety +1

      Oligarchy bad. Choose Communism ☭. YAY MY FAVORITE COMMIE MADE A NEW VIDEO!! ❤️❤️😍

    • @dannywindham3295
      @dannywindham3295 Před 5 lety +21

      Over half a million people homeless in this country. And more destined to be homeless. And we ask if America is an oligarchy. The answer is yes

    • @kvm1992
      @kvm1992 Před 5 lety +4

      Close enough. If the typical citizen has no influence and government serves the best interest of an elite then that can only mean one thing. America is not an oligarchy. It is however, the next worse thing, a plutocracy. Unlike systems such as democracy, capitalism, socialism or anarchism, plutocracy is not rooted in an established political philosophy. If Elitism
      is running the show then we the people must fight for the opposite, Egalitarianism.

    • @UpperCaseX
      @UpperCaseX Před 5 lety +2

      Tech Oligarcs: Alphabet, Amazon, Facebook, Twitter, Microsoft. All Democrats🤔

    • @fredparker5801
      @fredparker5801 Před 5 lety +4

      Sir you need to be the next President. Thank you for your insights.

  • @MrHillbilly49
    @MrHillbilly49 Před 5 lety +494

    This is an excellent explanation of how our system currently works and how some great leaders of the past (Teddy Roosevelt and Franklin Roosevelt) prevented the United States from becoming or remaining an oligarchy. We desperately need that kind of leadership again.

    • @PAVANZYL
      @PAVANZYL Před 5 lety +28

      Bernie 2020!

    • @MrHillbilly49
      @MrHillbilly49 Před 5 lety +15

      @Jonssoni921, you are exactly right. The Roosevelts cared more for their country than they cared for their own personal interest.

    • @MarioAlvaradoJ
      @MarioAlvaradoJ Před 5 lety +5

      Bernie is the only one that could do it again!

    • @nathalie_desrosiers
      @nathalie_desrosiers Před 3 lety +1

      @Joel DeWitt So what? Every year, new terms emerge *to illustrate our reality* . What's your point?

    • @peterwong5993
      @peterwong5993 Před 3 lety +2

      @Joel DeWitt not if government working against power and wealth concentration by a few. What's the difference between oligarchy and dictatorial government if they work for their own interests?? None.
      At least we have the power to make sure our government work for us through democracy. We can't do the same for oligarchy.

  • @dustypants9326
    @dustypants9326 Před 5 lety +194

    My father taught me at an early age the golden rule; "He who has the gold, makes the rules." I've only known America as an oligarchy. It would be nice if politicians cared about and listened to average Americans.

    • @mstrultan
      @mstrultan Před 5 lety +7

      Almost shocking, but some do. Check Elizabeth Warren as one obvious example. There are quite a few others, too. Unfortunately, and partially conceding your point, they are far too few.

    • @gameandbros5462
      @gameandbros5462 Před 4 lety +4

      Unfortunately, I was taught the same and it's ashamed that society is like this way. It's also ashamed for me to think that if Bernie doesn't win the primary that no matter who I vote for (Trump vs "Insert name here") that my vote doesn't matter cause both sides of the aisle is pretty much corrupted. Kinda like "Whoever wins, we lose" (we the people)

    • @dasher607
      @dasher607 Před 4 lety +12

      One of the problems with this is that those in power have convinced Average Americans to vote against their interests. One of the reasons we have fewer unions than we used to have. Also, convincing workings class white people that minorities are the cause for their problems instead of the rich was a useful trick.

    • @fadenmac8092
      @fadenmac8092 Před 3 lety +2

      It seems one powerful individual or corporation (because they are now people) can turn the will of the people upside down with PAC/SuperPAC and/or lobbying.
      We also have to put the onus on the people of the US because we are brilliant when it comes to pop culture and stone stupid when it comes to basic understanding of government and law.

    • @qbconnect
      @qbconnect Před 2 lety

      @@dasher607 With your comment I'm starting to think you need to be on the presidential ballot. You have great insight and understanding of life

  • @marilynbansley5357
    @marilynbansley5357 Před 2 lety +35

    Unfortunately, America has become an oligarchy. Many of our elected officials are not responsive to their constituents, but to the big donors who fund their campaigns. We need campaign finance reform. Thank you, Prof. Reich, for pointing this out.

  • @judyhively2588
    @judyhively2588 Před 5 lety +139

    I agree with you. The few are forcing poverty on more and more people. 👍👍🥺

  • @juicy420jam
    @juicy420jam Před 5 lety +88

    So much respect for you Robert. Thank you for all the work you do.

  • @a.eugenetuckersr.5510
    @a.eugenetuckersr.5510 Před 5 lety +381

    America has been an Oligarchy since the early 1980s. Ronald Reagan made sure of that.

    • @DV-dt9sq
      @DV-dt9sq Před 5 lety +11

      And before him. Eisenhower, Truman, Nixon, Johnson... ;)

    • @danvol3835
      @danvol3835 Před 5 lety +48

      @@DV-dt9sq : But the final nail in the coffin was Reagan, with his draconian policies of defunding social programs and creating the corporate welfare state, which has continued until this day. Trump is just Reagan without the acting skills.

    • @DV-dt9sq
      @DV-dt9sq Před 5 lety +3

      @@danvol3835 : Yes, I agree.

    • @oldman4440
      @oldman4440 Před 5 lety +27

      Trickle Down Economics; the monster that just won't die!

    • @larrysherk
      @larrysherk Před 5 lety +5

      That is right. Lower level wages flat-lined in the early seventies. By 1980, businesses saw they were marketing not products but ideas and dreams.

  • @chessmaster2649
    @chessmaster2649 Před 5 lety +141

    Yes it is an oligarchy. By definition. I have read much of your work Robert. And really appreciate you.

    • @markbenoit
      @markbenoit Před 3 lety +1

      You should read what some of What his critics have to say too, you know to get both sides you wouldn’t want to be fooled if there is a chance that he’s saying is misleading.

    • @chessmaster2649
      @chessmaster2649 Před 3 lety

      @@markbenoit I'm a capitalist. I just believe that the economy has served a diminishing few at the expense of the growing many. In fact Trump ran on the forgotten man.

  • @garrygballard8914
    @garrygballard8914 Před 5 lety +51

    Oligarchy, it appears so. During the next Washington change we need you back there working for us Robert and to put things back correctly.

    • @AS8Cend
      @AS8Cend Před 5 lety

      Bernie's Treasury Secretary (:

    • @jcx5659
      @jcx5659 Před 5 lety

      @Ronie Lavon Bullshit.

  • @neilr11
    @neilr11 Před 5 lety +62

    Thank you for doing what you do!

  • @Opus313
    @Opus313 Před 5 lety +267

    Thank you for your videos. Very well researched and presented. Keep up the great work!

    • @iamaloner
      @iamaloner Před 5 lety +1

      You know who he is right?

    • @blueeyeswhitedragon9839
      @blueeyeswhitedragon9839 Před 5 lety +1

      @Frederic Bastiat :- cut & paste much???

    • @jcx5659
      @jcx5659 Před 5 lety

      @Frederic Bastiat Wow, another seriously confused comment.

    • @markbenoit
      @markbenoit Před 2 lety

      So well researched by using a filter to block all info that goes against what he wants to be true.

  • @jasoncarrizales
    @jasoncarrizales Před 5 lety +120

    Thank you Professor Reich, very insightful. 🇺🇸 🌈😎🤓🌈

    • @blueeyeswhitedragon9839
      @blueeyeswhitedragon9839 Před 5 lety +5

      @Frederic Bastiat :- cutting & pasting all over this conversation !!!

    • @jcx5659
      @jcx5659 Před 5 lety +1

      @Frederic Bastiat Nonsense.

    • @jcx5659
      @jcx5659 Před 5 lety

      @Frederic Bastiat So you are a Nazi sympathizer? FIGURES.

  • @Troubleshooter125
    @Troubleshooter125 Před 5 lety +41

    Top marks, Mr. Reich, for both communication and education. Your videos continue to be very appreciated by me. Please keep up the excellent work!

  • @salahuddinyusuf
    @salahuddinyusuf Před 5 lety +473

    I suddenly see why Donald Trump admires Putin.

    • @larrysherk
      @larrysherk Před 5 lety +12

      Putin is dealing with far lower levels of finance than we are. Fortunately, he is a good manager and puts the protection of his people and their well-being first. With leadership like that and Sergei Lavrov running the Dept. of Foreign Relations, things are getting better and most Russians approve. They are coming at democracy from a different angle (with a vastly different past) and they seem more aware of their true situation than we do.

    • @johnlabus7359
      @johnlabus7359 Před 5 lety +28

      @Frederic Bastiat The context of the time period between 1860-90 is very different to now. The country was welcoming millions upon millions of immigrants to fuel the economy as cheap labor in the Gilded Age. If you read your own linked article, you'd understand that the wealth was built largely on the backs of cheap immigrant labor who packed the industrial cities and lived largely impoverished lives.
      Today, we are actively hostile toward immigration unless they are highly skilled (as recently said by Trump). The cheap labor of any future gilded age would largely have to come from within our own ranks, or as has been the case lately, outsourced to where the cheap labor is. In either case, this screws the working class out of good paying jobs because they have to choose between having no job or one with suppressed wages jobs that compete with cheap overseas labor.

    • @ADEehrh
      @ADEehrh Před 5 lety

      Admires; it's a bromance!!!

    • @mukopu3a
      @mukopu3a Před 5 lety +3

      Larry Sherk mm finally some fresh propaganda-shades-free perspective on whats going on with russian “democracy” from someone who seems to be located in the western hemisphere. Can I somehow subscribe to your books reviews on amazon ? :)

    • @salahuddinyusuf
      @salahuddinyusuf Před 5 lety

      ​@@larrysherk Different history, but definitely their own uniquely Russian problems. For instance, Putin has had some trouble easing the tensions between subordinates like Бо́ртников and Кады́ров. It got so bad between them he allegedly just took a vacation until they chilled out.

  • @antoniocalhau4711
    @antoniocalhau4711 Před 5 lety +94

    Thanks for the good references so we can all follow, the best!

  • @krokodyl1927
    @krokodyl1927 Před 5 lety +23

    Bernie &/or E. Warren POTUS 2020 with Rbt Reich as part of their administration. Then Rbt Reich POTUS 2024. Def got my vote.

  • @iainm.uttridge9331
    @iainm.uttridge9331 Před 5 lety +44

    "Is America an oligarchy?", is possibly a borderline rhetorical question these days.

    • @pwnmeisterage
      @pwnmeisterage Před 5 lety +4

      Rhetoric attempts to use words (and feelings) to argue and persuade because not enough facts (or logic) exist to support what is being said.
      Rhetoric is not used when the facts are plentiful enough to speak for themselves.
      You don't have to apply rhetoric (or logic) to convince (or explain) what is already obvious.

  • @ES-tr5no
    @ES-tr5no Před 5 lety +14

    Yes! A big HELL YES, and this time they’ve got the damn courts on their side.

  • @bonehead3545
    @bonehead3545 Před 5 lety +16

    Excellent, professor. Thank you

  • @jerryryberg1454
    @jerryryberg1454 Před 5 lety +14

    We're sure heading that way. Excellent video, Robert and friends!

  • @tracewallace23
    @tracewallace23 Před 5 lety +7

    Absolutely an oligarchy.
    Top 1%=40% of wealth.
    How much of the countries wealth does the top 10-20% control?🤔

  • @InfernoBlade64
    @InfernoBlade64 Před 5 lety +23

    With Bernie the USA will become a democracy once again instead of an oligarchy

  • @peace8373
    @peace8373 Před 5 lety +9

    Thanks for Educating the public school systems no longer teach.

  • @nomoregdm
    @nomoregdm Před 5 lety +3

    Robert inspires me to not give up on this cesspool of a country right now.
    Thanks, Robert.

  • @09Jeanine
    @09Jeanine Před 5 lety +9

    Thank you for the work you are doing to expose our government's corruption!!!

  • @antoniocalhau4711
    @antoniocalhau4711 Před 5 lety +5

    Thank you Inequality Media, as Rev. Dr. William Barber always says inequality became again the biggest issue in our nation, and nobody is talking about it! We must make it the most important election issue! And he quotes the statistics about it!

    • @midwestkatie8068
      @midwestkatie8068 Před 5 lety +1

      a lot of ppl in the media are talking about it under many diff names

  • @pianystrom8137
    @pianystrom8137 Před 5 lety +8

    You a truly a great teacher. Thank you for sharing your wisdom in such a clear and effective way!

  • @ninjagonepostal
    @ninjagonepostal Před 5 lety +9

    I definitely enjoy your videos Mr. Reich. Very informative and out there for Mass consumption. Full of pertinent information that the masses deserve to have. Bravo!

  • @generalsci3831
    @generalsci3831 Před 5 lety +11

    Thank you for the videos, Robert!

  • @docholiday8029
    @docholiday8029 Před 5 lety +14

    Spot on
    Get money out of politics
    Or lose it all.

    • @larrynix4977
      @larrynix4977 Před 4 lety

      Re elect trump our money is gone

    • @docholiday8029
      @docholiday8029 Před 4 lety

      @@larrynix4977
      You completely missed the point.
      In the 70s the Supreme Court legalized bribery. Now Billionaires buy politicians (including 45) and run our country.
      45 is a symptom of what is wrong, not a cure for anything. Same applies to Biden and Pelosi.
      The enemy isn't liberals or conservatives. It is the greedy rich bastards who use their influence to dictate a tax code that kills the poor and shackles the middle class.

  • @midnightsun2085
    @midnightsun2085 Před 3 lety +3

    Robert. I would like to say, thank you for this video. Your video has not just helped in my essay about the elite theory, but it also helped me to expand my understanding on the oligarchies, and their role within political and civil society.
    Thank you again, keep up the good work.

  • @lyubakavideo
    @lyubakavideo Před 5 lety +4

    Thankful that I’ve discovered your channel and YT body of work! As painful as the recognition of our brutal reality may be I’m glad I get to observe these critical thinking and integration pieces you present. Bravo!

  • @unifiedglobe3
    @unifiedglobe3 Před 5 lety +20

    Great video as usual Robert! Always excited to see when you post a new video!

  • @blipco5
    @blipco5 Před 5 lety +18

    But the oligarchy has promised us a wall.

  • @michelemaliano7860
    @michelemaliano7860 Před 5 lety +3

    Oh yeah...America has been complacent for so long we have become an oligarchy.

  • @markye1872
    @markye1872 Před 5 lety +4

    Excellent video - thank you for these brief bursts of clarity.

  • @haroldmurff6732
    @haroldmurff6732 Před 5 lety +10

    Thanks for your insight and research... Very informative...keep them coming....

  • @wbtim3
    @wbtim3 Před 5 lety +8

    Right on Professor; keep it coming. Learning a lot from you.

  • @rickw9169
    @rickw9169 Před 5 lety +10

    I wish you would run for president Mr. Reich. That's what I think.

    • @mstrultan
      @mstrultan Před 5 lety

      In 2016, Robert Reich was on my short list for president (joke totally stolen from... Robert Reich! :-)

  • @nil981
    @nil981 Před 5 lety +3

    We effectively are an oligarchy

  • @edgarsan71991
    @edgarsan71991 Před 2 lety +2

    “It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.” like Mr. Ford once said

  • @aikanedelahay7143
    @aikanedelahay7143 Před 5 lety +5

    Agree. It's going to be a hard road ahead. Wrestling the political power and wealth free will take close to a revolution to accomplish. Who can unite the people like FDR did to spearhead the movement?

  • @danielbaczkowski4980
    @danielbaczkowski4980 Před 5 lety +11

    I totally agree with your comments. This needs to change.

  • @kennethbryan9953
    @kennethbryan9953 Před 2 lety +1

    Excellent presentation,simple,clear,direct,it would enable the least educated to understand where the wealth and political power lies. It has the quality of a moral tale of fairness,justice.morality.

  • @bluesman97
    @bluesman97 Před 5 lety +1

    Thank You Robert Reich for your videos of reality. You speak with great volume and more
    so people should take the opportunity to learn what have to teach. The world would be a
    Better Place. Thanks ! .

  • @edwardmaxwell3951
    @edwardmaxwell3951 Před 5 lety +8

    2:40 that quote could easily have come from Bernie Sanders 😉

  • @commentdeleted173
    @commentdeleted173 Před 3 lety +3

    Oligarchy is the title of James O'Keefe's new song.

  • @stevethomas319
    @stevethomas319 Před 5 lety

    I love this man! Mr. Reich, you bring such important topics to the average person, and you synthesize them so well. What will it take for Americans to understand?

  • @liondoor4554
    @liondoor4554 Před 5 lety +2

    Agree: American oligarchy accomplished. But the story's not over. We can still vote!

  • @leealexander3507
    @leealexander3507 Před 5 lety +3

    Yes, this has been obvious for quite some time.

  • @jharvey560
    @jharvey560 Před 5 lety +11

    RR was brilliant in Clinton's cabinet; we need him back in Warren's. Then RR for POTUS.
    Winner-takes-all is not a formula for long-term prosperity, but it's a built-in defect of capitalism. Enlightened government can mitigate the excesses and keep the engine humming at peak efficiency; see, e.g., FDR.

  • @Wolf462
    @Wolf462 Před 5 lety

    Thank you for your service to this great country Mr Reich. You and your team are hero’s. You give me hope we may yet save this country from the immoral, the corrupt, the inept & the stupid...

  • @DG-qq6gz
    @DG-qq6gz Před 5 lety +1

    America is an oligarchy. Thank you for raising the conciousness of this society.

  • @WindFireAllThatKindOfThing
    @WindFireAllThatKindOfThing Před 5 lety +12

    "As the founding fathers intended"
    - Standardized Conservative Excuse Handbook for Oligarchy in America, volume 1, pg. 7

    • @Canteluta1022
      @Canteluta1022 Před 5 lety

      4c1dr3fl3x I’m sorry if I appear ignorant, but is your comment referring to an actual book, or, are you being facetious? If it’s an actual book, who is the author, please? I’ve googled and gotten nowhere.

    • @johnadams2493
      @johnadams2493 Před 5 lety +3

      What book ? Trump university?

    • @WindFireAllThatKindOfThing
      @WindFireAllThatKindOfThing Před 5 lety

      @@Canteluta1022 It's one of William F Buckley's lesser known works

    • @Canteluta1022
      @Canteluta1022 Před 5 lety +1

      4c1dr3fl3x thanks! 🙏✨

  • @celesteconnor5677
    @celesteconnor5677 Před 5 lety +4

    Thanks for this. Confirms I'm on the right path. Artists for Bernie.🕛

  • @artysanmobile
    @artysanmobile Před 5 lety

    Wow Robert! An artist too?! America needs your knowledge and insight more than ever. I really believe you could make a change. Thanks for all you do. A lifelong fan.

  • @justcallmeSheriff
    @justcallmeSheriff Před 5 lety

    Just looked you up and was happily surprised to see your friendship with Michael Schwerner. That told me a lot about your commitment to fighting injustice.

  • @Swimmer47
    @Swimmer47 Před 5 lety +12

    Heck yes, we’re an oligarchy bordering on fascism...

  • @antoniocalhau4711
    @antoniocalhau4711 Před 5 lety +11

    First to view, share, and comment! Thank you Robert Reich!

  • @tureadumonceau1897
    @tureadumonceau1897 Před 5 lety +1

    Well that sounds exactly like what's been going on! Thnx for making it so clear!

  • @leslieb2971
    @leslieb2971 Před 5 lety

    You (Robert Reich) have been good to the country and good for your country! Keep the videos coming! Thank you!

  • @davidvelez7464
    @davidvelez7464 Před 5 lety +3

    I agree 100% it is that’s why we need a real progressive FDR 5.0 Sanders 2020 💪

  • @jp3576
    @jp3576 Před 5 lety +8

    Yes, America is an oligarchy, with leanings of fascism taking root. Thank you Professor.

    • @51stcenturygirl
      @51stcenturygirl Před 5 lety

      Thanks for the info Frederick, appreciated. I knew some of this, not all. And all that sounds great, but as far as I know lot of that quickly deteriorated after they went to war. But also it doesn't matter cos OP said 'fascism' not 'nazism'. Nazism is just one version of fascism which is much broader term.

    • @51stcenturygirl
      @51stcenturygirl Před 5 lety

      I agree with first and last paragraph ( don't know much about Von Hayek tho), and I don't have energy to argue against the rest right now. Maybe next week... I'll just say for now, you claiming that anarchy is far right baffles me. I looks like you're rather eloquent so if you don't mind explaning, that would be great.
      Have a nice day.

  • @WonderMagician
    @WonderMagician Před 5 lety

    Thank you Robert Reich, excellent explanation in a historical context...we must protect our democracy

  • @katebc9148
    @katebc9148 Před 5 lety +1

    THANK YOU!!!, Dr. Reich. Clearly stated and important information.

  • @SteveBriley
    @SteveBriley Před 5 lety +4

    Oligarchy? Sadly yes. Keep coming with those super informative videos. Maybe work with represent.us to make some more as well.

  • @nicolewuelleh8637
    @nicolewuelleh8637 Před 5 lety +4

    America is in trouble

    • @larrynix4977
      @larrynix4977 Před 4 lety

      Everytime we get a republican in office thteirs some type of turmoill when democrats get in we have a balanced budget

    • @larrynix4977
      @larrynix4977 Před 4 lety

      This pandemic is trumps 911 thing dont let him fool you

  • @mediabreakdown8963
    @mediabreakdown8963 Před rokem +2

    How has this not had more views?

  • @rebeccamd7903
    @rebeccamd7903 Před 5 lety

    Very simplistic but I love the comparisons. Some people need more videos like this!

  • @alierikenoglu8006
    @alierikenoglu8006 Před 5 lety +5

    Great presentation, most informative. It would have been interesting to include the original sins of genocide and enslavement into this discussion, and how theae factors influenced the "development" of the US.

  • @michaelrch
    @michaelrch Před 5 lety +6

    I take it the question
    "Is America an Oligarchy?"
    is rhetorical, right?
    Are there seriously still some people who think it isn't?!

  • @-Epiphany
    @-Epiphany Před 2 lety

    Thank you for the explanation... I was lost and trying to keep up with current events.

  • @cherylthomas417
    @cherylthomas417 Před 5 lety +1

    As always, Robert Reich hits the nail on the head!

  • @TerryTurner
    @TerryTurner Před 5 lety +12

    #Bernie2020

  • @DougGrinbergs
    @DougGrinbergs Před 5 lety +4

    Oligarchy, kakistocracy, KKKristofascism (:-(

  • @D800Lover
    @D800Lover Před 5 lety +2

    If you have concentrated wealth, you have concentrated power: Oligarchy!

  • @michaelcleveland9298
    @michaelcleveland9298 Před 5 lety

    Excellent explanation of an oligarchy and the situation we find ourselves in now.

  • @nevadataylor
    @nevadataylor Před 5 lety +3

    Ill tell you what I think Bob... I say we have to come to our senses and get rid of capitalism, rather than repeating history again and again, in this never ending class war!

  • @RodrigoLobosChile
    @RodrigoLobosChile Před 5 lety

    Great video. This pattern from democracy to oligarchy not only applies to USA, but several countries have also been taking this (unfortunate) path.

  • @1wer819
    @1wer819 Před 5 lety

    Thanks so much for your explanations in such succinct form! Would love to see you interpret Daniel Sheehan's lectures. 🤔

  • @acreymundo
    @acreymundo Před 5 lety +1

    I learn so much from Professor Reich. I’m certain we’re an oligarchy. But I’m also very concerned that we are also being moved toward a form of religious fascism. Our democratic republic hasn’t been so imperiled since the civil war.

  • @challenharmstrong4734
    @challenharmstrong4734 Před 5 lety +1

    Excellent thoughtful analysis.

  • @julietv4275
    @julietv4275 Před 5 lety +2

    Everyone share this video.

  • @MrYikes-dk2mb
    @MrYikes-dk2mb Před 4 lety +1

    Beautifully executed video! 💙🙌❤

  • @digiryde
    @digiryde Před 5 lety +1

    I just had this conversation on Monday with one of my children. If he can figure it out, why is it so hard for most adults to figure it out. He approached me. lol

  • @willmallory9085
    @willmallory9085 Před 5 lety

    Great video. I wish you published this when I was in Microeconomics. 😊

  • @rubbersoul3723
    @rubbersoul3723 Před 5 lety +1

    THANK YOU AGAIN ROBERT. Please don't stop. You are at the very least the canary in the coal mine that we need. Your contribution is invaluable. The number of views of this video might not reflect it but it seems like 95% of people I talk to see trump for the destructive effects that he wroughts and want him gone.

  • @johnhodgson3934
    @johnhodgson3934 Před 2 lety

    The best way to describe the situation is of a nation-state where oligarchy (often international power and money) operates outside democracy but with enormous impact on it. Joe Foweraker's recent book Oligarchy and the Americas compares oligarchies in the US with those in Latin America.

  • @bug______
    @bug______ Před 4 lety +1

    Oligarchy is very real in America.
    Big business interests are what run this country and I can't believe they don't teach this in America

  • @Ruthnerken
    @Ruthnerken Před 5 lety

    Beautifully and succinctly put!
    I thank you!t

  • @susanr5546
    @susanr5546 Před 5 lety +1

    Excellent. This has been developing for 40+ years.

  • @georgekraft1401
    @georgekraft1401 Před 5 lety

    Prof. Reich, is there any chance of you and Prof. Wolfe having a discussion or debate on practical economics? I have learned a lot from both of you and respect you both.

  • @richardjimenez7394
    @richardjimenez7394 Před 2 lety

    Thanks for sharing your thoughts and the excellent job sharing. Know Iam learning about what are oligarchy

  • @fuadalsakkaf2694
    @fuadalsakkaf2694 Před 4 lety +2

    Thank you for a very informative and interesting video Dr. Reich.
    I will appreciate an example of a non-oligarchy nation or country. It will be interesting to know this nowadays. Is there any?

  • @OhertRasmus
    @OhertRasmus Před 3 lety

    Love your voice. So soothing.

  • @hurd3203
    @hurd3203 Před 5 lety

    I have to say, you are very good at politics and economy.

  • @wvu05
    @wvu05 Před 5 lety

    This is why I have been saying for years that public financing of campaigns is the reform that makes all other reforms possible.

  • @NS-cs3wp
    @NS-cs3wp Před 2 lety +1

    3 years later, America is worse of an oligarchy today than it was when this video was produced.

  • @joecaner
    @joecaner Před 5 lety +1

    The United States of America has been an *Oligarchy* since its inception.
    Power was and has been concentrated into the hands of a few rich, powerful men by design from the get-go.

  • @troywoods9523
    @troywoods9523 Před 5 lety

    Great video as usual. Robert alway make my day