This text was adapted by The Saylor Foundation under a Creative Commons Attribution-NonCommercial-ShareAlike 0 License without attribution as requested by the work’s original creator or licensee. Preface

KEY TAKEAWAYS

• 
  Certain social reforms are necessary to improve aspects of work and the economy.
  
• 
  Returning tax codes to their rates before the 1980s will help lessen economic inequality.
  
• 
  Stricter federal and state oversight of corporate behavior is needed to help address corporate crime.
  
• 
  A greater investment of federal funding in job creation and the raising of taxes for the very wealthy is necessary to create jobs while stimulating the economy.
  

FOR YOUR REVIEW

1. 
   Write a brief essay that summarizes any three strategies for improving work and the economy.
   
2. 
   To what extent, if any, do you think capitalism is to blame for the problems in work and the economy discussed in this chapter? Explain your answer.
   

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[2] Eichler, A. (2012, February 27). General Electric tax rate 2.3 percent over decade, report finds. The Huffington Post. Retrieved fromhttp://www.huffingtonpost.com/2012/02/27/general-electric-tax-rate_n_1305196.html.

[3] Kocieniewski, D. (2011, November 3). Biggest public firms paid little US tax, study says.New York Times, p. B1.

[4] Jacobs, E. (2012). Growth through innovation: Lessons for the United States from the German labor market miracle. Washington, DC: Brookings Institution.

[5] Zakaria, F. (2012, January 18). The economic lessons the rest of the world could teach us. The Washington Post. Retrieved from http://www.washingtonpost.com/opinions/the-economic-lessons-the-rest-of-the-world-could-teach-us/2012/01/18/gIQAfSuG9P_story.html.

[6] Fieldhouse, A., & Thiess, R. (2011). The Restore the American Dream for the 99% Act: An analysis of job-creation provisions. Washington, DC: Economic Policy Institute.

[7] Fieldhouse, A., & Thiess, R. (2011). The Restore the American Dream for the 99% Act: An analysis of job-creation provisions. Washington, DC: Economic Policy Institute.

[8] Bivens, J. (2011). Truly shared sacrifice includes Wall Street. Retrieved fromhttp://www.epi.org/blog/shared-sacrifice-wall-street-financial-speculation-tax.