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  • Reich Sees Need For New Social Contract

    07/17/2002 6:42:15 AM PDT · by HalfIrish · 785+ views
    Berkshire Eagle ^ | July 17, 2002 | Stefanie Cohen
    Reich Sees Need for New Social Contract By Stefanie Cohen, Eagle Correspondent LENOX -- Whatever happened to the social contract? What happened to the tacit, but guaranteed understanding that if a company performed well, then its employees would benefit? That raises would be offered, and pensions would grow? Robert Reich, the former secretary of labor under President Clinton and one of four Democratic hopefuls for governor of Massachusetts, argued Monday evening that certain unwritten, but nonetheless understood, ideals about labor in the U.S. can no longer be expected by citizens. But Reich believes the time is ripe for their return....