Robert Reich: In the New Economy, Workers Take on All the Risk

More Americans than ever don’t know what they’ll be earning next week. That’s why we need income insurance. As Labor Day looms, more Americans than ever don’t know how much they’ll be earning next week or even tomorrow. This varied group includes independent contractors, temporary workers, the self-employed, part-timers, freelancers, and free agents. Most file 1099s rather than W2s, for tax purposes. On demand and on call – in the “share” economy, the “gig” economy, or, more prosaically, the “irregular” economy – the result is the same: no predictable earnings or hours.  It’s the biggest change in the American workforce in over a century, and it’s happening at lightning speed. It’s estimated that in five years over 40 percent of the American labor force will have uncertain work; in a decade, most of us. Increasingly, businesses need only a relatively small pool of “talent” anchored in the enterprise –  innovators and strategists responsible for the […] Read More

Robert Reich: Has America Finally Figured Out a Way to Rein in the Shocking Sums We Pay CEOs?

Most CEOs haven’t done anything special — except figure out how to get paid. The Securities and Exchange Commission just ruled that large publicly held corporations must disclose the ratios of the pay of their top CEOs to the pay of their median workers. About time. For the last thirty years almost all incentives operating on American corporations have resulted in lower pay for average workers and higher pay for CEOs and other top executives.  Consider that in 1965, CEOs of America’s largest corporations were paid, on average, 20 times the pay of average workers.  Now, the ratio is over 300 to 1.  Not only has CEO pay exploded, so has the pay of top executives just below them.  The share of corporate income devoted to compensating the five highest-paid executives of large corporations ballooned from an average of 5 percent in 1993 to more than 15 percent by 2005 (the latest data available). […] Read More

William Reich's 'Sexual' Energy called 'Orgone'

Orgone energy was originally discovered by Wilhelm Reich in his psychiatric work. As a psychoanalyst and student of Freud, Reich’s point of departure was, quite naturally, Freud’s concept of “libido. ” “Libido” is life energy, desire, the source of human striving. Reich developed the libido concept, concentrating on its physical expression and simultaneous psychological content, until he was able to show the relation of bodily attitude and emotion. This he described in CHARACTER ANALYSIS, a book which went further than any work in history in solving the mystery of the relation’ of mind and body. In this great book Reich also described the mass pathology of the animal man, This pathology consists of a chronic rigidity of the musculature which blocks the movement of energy underlying emotion and hence blocks the emotion, thus providing the psychic or emotional underpinning of mankind’s universal sickness. Reich’s initial work on orgone energy […] Read More