Robert Reich - After The Clinton Administration

After The Clinton Administration

In 1996, between Clinton's re-election and second inauguration, Reich decided to leave the department to spend more time with his sons, then in their teen years. He published his experiences working for the Clinton administration in Locked in the Cabinet. After publication of the book, Reich received criticism for embellishing events with invented dialogue. The paperback release of the memoir revised or omitted the inventions.

Reich became a professor at Brandeis University, teaching courses for undergraduates as well as in the Heller School for Social Policy and Management. In 2003, he was elected the Professor of the Year by the undergraduate student body.

In 2002, he ran for Governor of Massachusetts. He also published an associated campaign book, I'll Be Short. Reich was the first Democratic candidate for a major political office to support same-sex marriage. He also pledged support for abortion rights and strongly condemned capital punishment. His campaign staff was largely made up of his Brandeis students. Although his campaign had little funding, he surprised many and came in a close second out of six candidates in the Democratic primary with 25% of the vote.

In 2003, he was awarded the prestigious Václav Havel Foundation VIZE 97 Prize, by the former Czech president, for his writings in economics and politics.

In 2004, he published Reason, a book on how liberals can forcefully argue for their position in a country increasingly dominated by what he calls "radcons", or radical conservatives.

In addition to his professorial role, he is a weekly contributor to the American Public Media public radio program Marketplace, and a regular columnist for the American Prospect, which he co-founded in 1990. He is also a frequent contributor to CNBC's Kudlow & Company and On the Money.

In early 2005, there was speculation that Reich would once again seek the Democratic nomination for Governor of Massachusetts. He instead endorsed the then-little-known candidacy of Deval Patrick, who had previously served as Assistant Attorney General for Civil Rights in the Clinton Administration. Patrick won the party's endorsement, a three-way primary with nearly 50% of the vote, and the general election in November 2006.

In September 2005 Reich testified against John Roberts at his confirmation hearings for Chief Justice of the United States Supreme Court.

On January 1, 2006 Reich joined the faculty of UC Berkeley's Goldman School of Policy. Since then, he has taught a popular course called Wealth and Poverty. In addition to his professorship, Reich is also a Member of the Board of Trustees for the Blum Center for Developing Economies at the University of California, Berkeley. The Center is focused on finding solutions to address the crisis of extreme poverty and disease in the developing world.

Two years later his book Supercapitalism: The Transformation of Business, Democracy, and Everyday Life was published. In it he argued turbo-charged corporate competition, fueled by consumers and investors seeking the best possible deals from anywhere in the world, was generating severe social problems. But governments were failing to address them because big corporations and Wall Street firms were also seeking competitive advantage over one another through politics, thereby drowning out the voices of ordinary citizens. The answer was to keep corporations focused on making better products and services and keep them out of politics. "Corporate Social Responsibility" is essentially forbearance from activities that undermine democracy.

During the 2008 primaries, Reich published an article that was extremely critical of the Clintons, referring to Bill Clinton's attacks on Barack Obama as "ill-tempered and ill-founded," and accusing the Clintons of waging "a smear campaign against Obama that employs some of the worst aspects of the old politics."

On April 18, 2008 Reich endorsed Barack Obama for President of the United States.

On April 3, 2009, Reich commented that published U6 employment figures indicate that the United States is in a depression.

In September, 2010, his book Aftershock: The Next Economy and America's Future was published. In it, Reich explained how America's widening inequality had contributed to the great recession and made it difficult for the economy to recover, by undermining the purchasing power of the middle class relative to the nation's productive capacity. In April, 2012, his book Beyond Outrage was published as an e-book. In Beyond Outrage Reich focused on why an increasing portion of the public felt the game was rigged in favor of those with wealth and power, why the "regressive right" was nonetheless able to persuade many that taxes should be lowered even further on corporations and the wealthy while many public services should be cut, and what average people could do to take back the economy and reclaim democracy.