Robert Reich, Bill Clinton's secretary of labor, is concerned that both corporations and consumers have focused so much on profit that they are losing sight of principle. He discusses the importance of moral stands in the world of high finance and investment with The Wall Street Journal's R. Thomas Herman.More
President Clinton's Secretary of Labor Robert Reich's boyish voice feels familiar and sympathetic, and he proves to be an engaging speaker in this conversation with Wall Street Journal columnist Tom Herman. Reich is like a friend who has never grown out of his youthful idealism but tempers his enthusiasm with wry humor and intelligence. His clear rapport with Herman sets the tone for their mutual bantering, and the latter also manages to elicit frank responses from Reich about serious issues, including the problems of capitalism and the moral responsibilities of both individuals and corporations as set out in Reich's book Supercapitalism: The Transformation of Business, Democracy, and Everyday Life.
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