Afternoon Must-Read: Robert Reich: The Conundrum of Corporation and Nation

…In fact, most Americans have no influence at all…. Most big American corporations have no particular allegiance to America. They don’t want Americans to have better wages…. I’m not blaming American corporations. They’re in business to make profits and maximize their share prices, not to serve America…. Because of the overwhelming clout of American firms on U.S. politics, Americans don’t get nearly as good a deal from their governments as do Canadians and Europeans…. So it shouldn’t be surprising that even though U.S. economy is doing better, most Americans are not…. What’s the answer to this basic conundrum? Either we lessen the dominance of big American corporations over American politics. Or we increase their allegiance and responsibility to America. It has to be one or the other…