(Alfred A. Knopf, $25)
In Aftershock, former Labor Secretary Robert B. Reich “steers our attention” to America’s eroding middle class, said Sebastian Mallaby in The New York Times. Income inequality, a hot topic until the financial crisis stole the spotlight in 2008, has “arguably become more urgent” now. While the top 25 earners at hedge funds “bagged a combined $25 billion,” middle-class Americans have exhausted their resources—going into debt, working longer hours, and putting off retirement. In Reich’s opinion, income inequality fueled the financial crisis and is now hindering recovery. “Reich’s solution: Redistribute wealth” by increasing taxes on the very rich and creating programs to help the middle class, said Robert Gavin in The Boston Globe. If you’re a liberal “who can’t get enough eat-the-rich populism, this book is for you.” Yet, tellingly, the Tea Party movement consists not primarily of the rich but of the very middle-class Americans whom Reich wants to help.
The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
-
What is Donald Trump’s visit worth to the UK economy?In the Spotlight Centrepiece of the president’s trip, business-wise, is a ‘technology partnership’
-
Trump’s visit: the mouse and the walrusBritain is keen to point to its own ‘tangible results’, but the US administration has made their demands clear
-
Marie Antoinette Style at the V&A: a ‘magnificent’ exhibitionThe Week Recommends The UK’s first show dedicated solely to the French queen explores the complex woman behind the ‘bling’
