761 Comments
Jan 18Liked by Robert Reich

"Rebuilding Trust" is a silly slogan. I'm sure I'm not the only one who didn't trust them in the first place. You can't RE-build what was never there.

Expand full comment

The Country’s motto should be, “of the rich, by the rich and for the rich”

Expand full comment
Jan 18Liked by Robert Reich

Valid observations; Davos could do so much to restore faith for the future, if only WEF would stand with the mission it claims to be aiming for; stakeholders economy to bring about a safe future. A few years ago one invited speaker dared to speak up and suggest that the companies started paying tax and CEO's should reduce their salaries to bring about a fairer future as well as more prosperous future. Right now entrepreneurs and financial institutions are not investing in the economy but extracting from the economy. Thank you Robert Reich for using your knowledge, experience and influence to keep shining th light on this. : - )

Expand full comment

Don't forget how many of these same companies used the spike in inflation later that same year to blatantly profiteer, jacking up prices way beyond their increased costs...which also ultimately helps Trump.

Rebuild trust? Not a chance.

Expand full comment
Jan 18·edited Jan 18

It looks as though the business leaders are afraid of the possibility of anti-monopoly and pro-Union legislation if Democrats win back both Houses. Which is why Congressional seats coming up for election are just as much a priority as the White House.

Expand full comment

End Citizens United, as usual. Thank you for highlighting this issue.

Expand full comment
founding

Our planet is literally burning, freezing, drowning or dying of diseases caused by the past personal actions of these individual CEOs.

How many now in Davos are just running with these crazed wolves of Wall Street. Too many. I see their behaviour as extreme moral cowardice.

‘The object of life is not to be on the side of the majority, but to escape finding oneself in the ranks of the insane’

Marcus Aurelius (121-180 AD).

Expand full comment

Once we win the presidency and Congress in November m, one of our first tasks should be getting rid citizens united

Expand full comment

I have made it my mission to stop bankrolling these companies with my money. I do not shop at the big box stores anymore. I like Aldi's, Ollie's, and Sav-a-Lot. I buy my clothes at Goodwill, Salvation Army and Thrift stores. If I need a piece of furniture, I check out used furniture or the groups online like Bookoo. I will not help these large corporations tear my country apart to fill their coffers! I am sick of the platitudes spewed out by them 'we want to rebuild trust'! That is so laughable!! These richy rich honestly think that American citizens are stupid!! Many like myself are waking up to how they operate. They lie, price gouge, find ways to raise the price on cheap goods that won't last long enough to get them paid off!! Until America wakes up and confronts this problem head on, we will never get anywhere!! The rich will (actually already have) take over and we will be treated as peasants there only to please them. They have no regard at all for the American citizen. They use us to keep their corporations running. We are expendable in their eyes. No, I will NOT fund their agenda!!

Expand full comment

These corporations are hypocrites. They promised not to bankroll insurrectionists yet continue to do so. Not surprised to see the 5 major categories include pharmaceuticals, financials, and fossil fuels. The Congressmen they support will support their interests.

Expand full comment

Put simply ban corporate donations and restrict donations only from registered electors to a small $ amount. Joe Biden needs to do it.

Expand full comment

It’s going to take the patriotic banding together of a true HUMAN Citizens United to overcome the power of the Corporate Citizens United Cabol that was created by SCOTUS! The first thing that has to take place is to send a massive majority of Democrats to both the House and Senate, retain the Presidency, then reform the SCOTUS!

Expand full comment

I’m enraged.

Expand full comment

Professor reich, doesn't the old saying go something like this ...

fool me once, shame on you.

fool me twice, shame on me.

Expand full comment

Dimwits Economics Forum is more like it. How great do they think America's Dictatorship will be for them? Democracy helped build their wealth. Do they really think they will all be winners? That they will be beyond the wrath of a dictator? Dimwits in Davos.

Expand full comment

Robert Reich ; Thank you for this! Knowledge is power! This problem of having insurrectionist supporting, big lie pushing, traitors to our self rule being our representatives has got to be exposed! this is the beginning of part of the solution! naming names. there are now a few more businesses I won't support! I will push for those who are in seats of government (and the courts) to be removed from their jobs! They are disabled if they have taken oaths of office! they are disqualified!

Expand full comment