Robert Reich on the effects of the new economy.




Allan Gregg in Conversation (Video) show

Summary: "The Future of Success: Working and Living in the New Economy", is the latest book from Bill Clinton's former Labor Secretary, Robert Reich. He believes that we now have less economic security and are under more pressure to make money while we can. The new economy, partly driven by technology, gives consumers tremendous choice thereby making market competition intense and ending the notion of customer loyalty. Others effects of the economy are the shrinking size of the family and the widening gap between rich and poor. He credits Bill Clinton for giving the US the strongest economic climate of the twentieth century. (Originally aired February 2004).