The Future of Success; Working and Living in the New Economy

Read an Excerpt

Part 1
If you think it's getting harder to both make a living and make a life, economist and former secretary of labor Robert Reich agrees with you. Americans may be earning more than ever before, but we're paying a steep price: we're working longer

Part 2
Why should this be? If what we do for pay is making us richer, why are our personal lives growing poorer? Why can't we dedicate more of our material gains toward making our lives outside paid work richer? The British economist John Maynard Keynes

Part 3
Economically, all of this is to our great and unequivocal benefit. But what it means for the rest of our lives - the parts that depend on firm relationships, continuity, and stability - is acutely problematic.

If you think it's getting harder to both make a living and make a life, economist and former secretary of labor Robert Reich agrees with you. Americans may be earning more than ever before, but we're paying a steep price: we're working longer, seeing our families less, and our communities are fragmenting.

With the clarity and insight that are his hallmarks, Reich delineates what success has come to mean in our time. He demonstrates that although we have more choices as consumers, and investors, the choices themselves are undermining the rest of our lives. It is getting harder for people to be confident of what they will be earning next year, or even next month. At the same time, our society is splitting into socially stratified enclaves - the wealthier walled off and gated, the poorer isolated and ignored. Although the trends he discusses are powerful, they are not irreversible, and Reich makes provocative suggestions for how we might create a more balanced society and more satisfying lives. Some of his ideas may surprise you; all should spark a healthy-and essential-national debate.

Robert B. Reich is University Professor at Brandeis University and Maurice B. Hexter Professor of Social and Economic Policy at Brandeis's Heller Graduate School. He is also a visiting professor at the University of California at Berkeley. He served as secretary of labor under President Bill Clinton. His writing has appeared in The New Yorker, The Atlantic Monthly, the New York Times, the Washington Post, and The Wall Street Journal.

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