https://www.goodreads.com/review/show/1759828194 Alan Johnson's Reviews > Saving Capitalism: For the Many, Not the Few Saving Capitalism: For the Many, Not the Few by Robert B. Reich Alan Johnson's review Oct 21, 2016 bookshelves: economics-and-business, philosophers, political-science-and-politics, history-american-20th- century, history-american-21st-century Read from September 21 to October 20, 2016 Mimi's review of Robert Reich's Saving Capitalism provides an excellent summary of the book. The present review focuses on Chapter 23 (the penultimate chapter) of the book, in which Reich sets forth what appears to be his most radical proposal for alleviating the long-term trend of replacing employees by automation. Ironically, Reich, a progressive, here supports a recommendation of the famous conservative-libertarian economist Friedreich von Hayek: "Countervailing power would . . . use the proceeds from the changes in market rules I have suggested to guarantee all citizens a share in the future growth of the economy. One straightforward way to do this would be to provide all Americans, beginning the month they turn eighteen and continuing each month thereafter, a basic minimum income that enables them to be economically independent and self-sufficient. "This is not as radical as it may sound. In 1979, the conservative economist F. A. Hayek endorsed just such a system: 'The assurance of a certain minimum income for everyone, or a sort of floor below which nobody need fall even when he is unable to provide for himself, appears not only to be a wholly legitimate protection against a risk common to all, but a necessary part of the Great Society in