Robert Reich Saving Capitalism

The movie “Saving Capitalism” put the current state of economics in the U.S. into perspective by favoring both the Republicans and Democrats’ ideology. Robert Reich readily summarizes the matters and issues happening with capitalism drawing back to the last few decades. He goes in-depth about how special interests corrupted the system and provide solutions in which to solve. Additionally, to point out Reich’s explanation about corporations shifting gear from a modern advent of automation to money-hunger. Most of us liberals can define the status of a corporation by their entities to attract people for goods and services. Much of that inherently lack morals, consequently fulfilling the satisfaction of CEOs and CFOs. Ultimately, the emphasis

From the start of the film, Reich emphasizes that nothing about the economic system is inherently moral or immoral to a citizen. Instead, he views capitalism as succeeding or failing based on the organization of the economic system. Reich repeatedly tackles capitalism throughout the documentary and remains to address that it isn’t capitalism itself that is the issue rather the crony capitalism thriving between political and business class. Later in the movie, Reich attends a high-class dinner with a group of citizens. A lawyer turned into a lobbyist becomes defensive of Reich. He mentions how his fellow right-wing friend judges him for specializing in the disease of the wealthy. A couple of people introduced themselves as a Libertarian and a Moderate Republican and soon enough Reich takes a stand, “I would like to put party labels aside for a little while.” Perhaps, he wants to understand their visions on politics, economy, and values. There was a moment when the ego-bruised lobbyist claims that people who operate the government do so for their sake and the Constitution was designed to limit this. Reich’s counter-argument was that when he worked at the federal trade commission, the lobbyist would attack and Congress would start calling. Reich continues to expose fallacies of modern political debate and proposes solutions by

He wants to spread the message that our economic system can restore by establishing a roadmap of what must be done to rebuild democracy and save capitalism. This movie is sociologically significant because the “American Dream” is not a guaranteed outcome, and it is much less widely shared today. It was interesting to find that the far left, rich experience lower levels of happiness whereas the poor are confident in the pursuit of opportunities. In America, the rich are thriving more wealth and political power, thus leaving the middle and working class in great desperation. A country that prides itself on being the “Land of Opportunity” has been violated by the government’s legitimacy. Meritocracy exists in all countries, and those with privileges achieve better from those at a disadvantage. The question is how meritocratic is the United States compared to other countries? Is it that of merit that benefits the United States (Graham, 2017)? I found that he relies heavily on anecdotal evidence like when he addresses about stakeholders prior to the 80s and undergoing change to become maximized shareholders. It is true Reich’s assessments of the capitalist system hijacked by big money and corporate greed, but he never seeks to challenge the