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Introduction xi
Part I The Free Market 1. The Prevailing View 3 2. The Five Building Blocks of Capitalism 8 3. Freedom and Power 11 4. The New Property 16 5. The New Monopoly 29 6. The New Contracts 48 7. The New Bankruptcy 59 8. The Enforcement Mechanism 67 9. Summary: The Market Mechanism as a Whole 81 Part II Work and Worth 10. The Meritocratic Myth 89 11. The Hidden Mechanism of CEO Pay 97 12. The Subterfuge of Wall Street Pay 108 13. The Declining Bargaining Power of the Middle 115 14. The Rise of the Working Poor 133 15. The Rise of the Non-working Rich 143 Part III Countervailing Power 16. Reprise 153 17. The Threat to Capitalism 158 18. The Decline of Countervailing Power 168 19. Restoring Countervailing Power 183 20. Ending Upward Pre-distributions 193 21. Reinventing the Corporation 196 22. When Robots Take Over 203 23. The Citizen's Bequest 211 24. New Rules 218 Acknowledgments 221 Notes 223 Index 265 |
Robert B. Reich
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