QuoteProject
To get back to the kind of shared prosperity and upward mobility we once considered normal will require another era of fundamental reform, of both our economy and our democracy.
Robert Reich
ShareWTF𝕏

Interpretation

What this quote means

Achieving shared prosperity and mobility requires significant reforms in our economy and democracy.

This quote by Robert Reich emphasizes the need for substantial changes in both economic systems and democratic practices to restore a sense of shared wealth and opportunity that was once seen as standard. It suggests that without these reforms, society may struggle to achieve the equitable growth and upward mobility that benefits everyone.

Themes

ProsperityReformEconomyDemocracyMobility

In practice

Example use cases

During a political rally focused on economic issues.

More from Robert Reich

As we segregate by income into different communities, schools in lower-income areas have fewer resources than ever.
Robert ReichRead
What are called 'public schools' in many of America's wealthy communities aren't really 'public' at all. In effect, they're private schools, whose tuition is hidden away in the purchase price of upscale homes there, and in the corresponding property taxes.
Robert ReichRead
What someone is paid has little or no relationship to what their work is worth to society.
Robert ReichRead
Tax laws favor capital over labor, giving capital gains a lower rate than ordinary income. The rich get humongous mortgage interest deductions while renters get no deduction at all.
Robert ReichRead
The dirty little secret is that both houses of Congress are irrelevant. ... America's domestic policy is now being run by Alan Greenspan and the Federal Reserve, and America's foreign policy is now being run by the International Monetary Fund [IMF]. ...when the president decides to go to war, he no longer needs a declaration of war from Congress.
Robert ReichRead
You can't inspire people if you are going to be uninspiring.
Robert ReichRead

Similar quotes

When the word 'morality' comes up in connection with economics, income distribution and financial stability are usually the issues. Is it moral for rich countries to use such a high proportion of the world's resources or for investment bankers to earn large bonuses?
Edmund PhelpsRead
The hidden hand of the market will never work without a hidden fist -- McDonald's cannot flourish without McDonnell Douglas, the builder of the F-15. And the hidden fist that keeps the world safe for Silicon Valley's technologies is called the United States Army, Air Force, Navy and Marine Corps.
Thomas FriedmanRead
Lenders, including major credit companies as well as payday lenders, have taken over the traditional role of the street-corner loan shark, charging the poor insanely high rates of interest.
Barbara EhrenreichRead
The trouble with the profit system has always been that it was highly unprofitable to most people.
E. B. WhiteRead
Every dollar released from taxation that is spared or invested will help create a new job and a new salary.
John F. KennedyRead
Policy makers should be compelled to take action given the serious costs of long-term unemployment when overall unemployment is already high. A week of unemployment is worse when it is experienced as part of a longer spell.
Janet YellenRead

A little wisdom, now and then

Subscribe for the occasional hand-picked quote. No noise.