Robert Reich: Mitt Romney’s Casino Capitalism

Robert Reich: Mitt Romney’s Casino Capitalism

Romney and his kind turned much of our economy into a betting parlor—how did he ever become a serious candidate for the presidency?

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Romney and his kind turned much of our economy into a betting parlor—how did he ever become a serious candidate for the presidency?

Mitt Romney, above all else, epitomizes the deep inequality in our society. In this episode of Nation Conversations, former Secretary of Labor Robert Reich explains to Managing Editor Roane Carey how Romney’s casino capitalism used tax benefits to not only enrich himself and his fellow CEOs, but bankrupted the country while they were at it. Read Mitt Romney and the New Gilded Age, in which Reich describes why Romney reflects the deep structural crisis we currently face, in this week’s double issue.

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