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To: Phoenix8

During the Clinton Liarship, I read Reich’s pretentiously-titled book, “The Work of Nations”. His economic philosophy is watered-down Marxism unsupported by facts and analysis. His big idea was to “invest” in educating/training people to be highly productive managers who would network themselves into ad hoc production teams as needed. These achievers would create wealth and command high pay. For the enormous public cost of training this worker elite, he proposed 90% tax rates. Reich did not explain how anyone, much less the most intelligent people, would be motivated by earning a fortune just to have the government confiscate it all. That is the fatal flaw in all socialist systems, but Reich was blind to it.

Reich’s politics and beliefs indeed haven’t changed. Communists always perceive, or at least portray, their opponents as fascists. That the Democrat Party’s acknowledged positions on policy have moved rapidly to the extreme, crazy Left since the Clinton years, and Reich well knows it. If Reich is selling anything, you can be sure it’s a con. He’s not smart in any honest, productive way — just a glib and shameless con artist.


23 posted on 09/27/2024 8:07:24 AM PDT by Chewbarkah
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To: Chewbarkah

“ watered-down Marxism unsupported by facts and analysis.”

So consistency is a strength of his apparently.


25 posted on 09/27/2024 9:38:12 AM PDT by Phoenix8
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