As we segregate by income into different communities, schools in lower-income areas have fewer resources than ever.
Robert ReichRead
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.
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
All quotes βWhat 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.
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What someone is paid has little or no relationship to what their work is worth to society.
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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.
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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
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The trouble with the profit system has always been that it was highly unprofitable to most people.
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Every dollar released from taxation that is spared or invested will help create a new job and a new salary.
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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.
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