Socialism for the Rich, Harsh Capitalism for the Rest | Robert Reich

Robert Reich explains how the wealthy and corporations receive billions in corporate welfare.

[sun]

US corporate capitalism: The profits are privatized, the losses are socialized.

[g_man]

We live in an era where hard work and loyalty to a company will not get you anywhere but to an early grave.

[tshepomasiea]

When you work 2 or more jobs and still struggle to make ends meet, it's not laziness and entitlements that are the problem. It's the system.

[BangMaster]

Amazon paid $0 in taxes, and i paid $27k total this year from my income tax.
The Government loves to tax those who have jobs, but not those who have huge businesses

[surfthewav]

Agreed. The government should be working for us, not against us.

[niimoallotey]

"Under socialism for the rich, you can screw up big time and still reap huge rewards." That's it right

[kiranroy]

"Socialism for the rich and capitalism for the rest"

Such a true statement

[Actanonverba]

I LOVE and HATE these videos. I Love the quality and information. But i hate the harsh reality of how unfair our current world is. Great Jobs, All

[bobrastamarley]

Mr. Robert Reich, thanks for telling people the facts and educated them. Keep doing this service. We really need someone to tell us the truth about the system. Thanks again!

[johnbidochka]

The College Admissions scandal reminds me that America is NOT a meritocracy, without even mentioning the economy.

[adupthetotal]

👏 Pointing out the hypocrisy of the rich and of neoliberalism.
I salute you.

[yuvalne]

The most infuriating thing is that this video got more accurate in the pandemic.

[famousamos]

This video gives you a lot to think about

[jackclingenpeel]

Wonderful Robert! I have come to rely on your honesty, knowledge and common sense! You Sir are a National treasure!

[normburke]

As a 78 yr. old person, 1 of 7 kids, my father had a simple factory job with a company that wasn't the best-paying place around. My mother took in sewing and ironing. And yet, we had a big old home with 4 bedrooms in town. We had a car out front, food on the table, and clothes on our backs. Since 1983 under Reagan, we as a nation, at the behest of Big Corporate Interests, GAVE away nearly all of our Manufacturing with Zero consequences if there was a revolution, or something similar, in the Slave Wage nation, they would be Bailed Out by the Taxpayers, as we did for the Wall St. Banks 15 years ago. When we started that, China wasn't much more than a 3rd world nation. LOOK AT THEM NOW!! If we had to go to WWII today, we couldn't do it!! We no longer have the manufacturing facilities, nor the Skilled labor that goes with them. We don't even have Steel Mills anymore!. And God forbid that we ever go to WWIII with China!! Where would we get our spare parts?? We are no longer "The United States of America." We are NOW "The CORPORATE States of America!" And they OWN all 3 branches of our Government, (which are supposed to "Represent" their constituents) and all of the so-called "Regulatory" agencies that are supposed to protect "We The People" from those Greedy Corporations. Where do we go from here?

[rancideee]

I'm libertarian and I agree 100% with what is said in this video!

[GMPO]

Thank you from the bottom of my hopeless heart for these videos, Robert Reich.

[sharonsmelser]

It's amazing how many ppl don't get it. Thank you for laying it out do simply👍

[hategreed]

Socialism for the rich, CRAPitalism on the rest of us.

[mayanah]

This is what Dr. Martin Luther King was talking about in his speech "How Long Not Long".