Robert Reich: Mitt Romney’s Casino Capitalism

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?

Facebook
Twitter
Email
Flipboard
Pocket

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.

Subscribe to Nation Conversations on iTunes for exclusive audio of Nation editors and writers digging into the topics and issues that shape the magazine. Check back for a new episode each Thursday.

Note: This episode was first published on June 29th. New episodes of Nation Conversations will return Thursday, August 23rd

Can we count on you?

In the coming election, the fate of our democracy and fundamental civil rights are on the ballot. The conservative architects of Project 2025 are scheming to institutionalize Donald Trump’s authoritarian vision across all levels of government if he should win.

We’ve already seen events that fill us with both dread and cautious optimism—throughout it all, The Nation has been a bulwark against misinformation and an advocate for bold, principled perspectives. Our dedicated writers have sat down with Kamala Harris and Bernie Sanders for interviews, unpacked the shallow right-wing populist appeals of J.D. Vance, and debated the pathway for a Democratic victory in November.

Stories like these and the one you just read are vital at this critical juncture in our country’s history. Now more than ever, we need clear-eyed and deeply reported independent journalism to make sense of the headlines and sort fact from fiction. Donate today and join our 160-year legacy of speaking truth to power and uplifting the voices of grassroots advocates.

Throughout 2024 and what is likely the defining election of our lifetimes, we need your support to continue publishing the insightful journalism you rely on.

Thank you,
The Editors of The Nation

Ad Policy
x