Ralph welcomes Robert Reich (professor of Public Policy and former Secretary of Labor) to discuss his "Pledge to Make America Affordable Again." Then, Ralph speaks to Derek Shearer (former economic policy adviser and US Ambassador to Finland) about his recent work, "A Bold Economic Program for America."

Robert Reich is Emeritus Professor of Public Policy at UC Berkeley. He has served in three national administrations, including as secretary of labor under President Bill Clinton. Mr Reich has written eighteen books, including The System: Who Rigged It, How We Fix It, The Common Good, Supercapitalism, and Coming up Short: A Memoir of My America. He is co-founder of Inequality Media, co-founder of the Economic Policy Institute, and co-founding editor of The American Prospect.

Democrats have an opportunity now to talk to the working class about—and not just the working class, the middle class too—about prices, about affordability in ways that are terribly important and meaningful and that really could get prices down or at least stop the onslaught of inflation. And also that are very, very consistent with what we believe as Democrats, as progressives, as people who want to see the nation move back toward its pursuit of social justice.

Robert Reich

You can bet that the right, the apologists for wealth in this country are going to say, “Oh, no, no, no, don’t do that because wealthy people will leave the country!” I mean, what they always do reflexively is say, “If you do that, we’ll leave.” And I say in California the same thing I would say about a national wealth tax—if they want to leave, let them leave. But they’re not going to leave because there are so many advantages to staying in California in terms of: this is where a lot of the high tech talent actually is. This is where the infrastructure for high tech is already. The climate, as I talk to you, I’m looking at a beautiful day out here. You know, who wants to leave California? And if you are a billionaire, and you are just so intent on leaving California because of this one very, very minor tax, then frankly, goodbye.

Robert Reich

I am a believer, though, in the common sense of the American people. Now, if that makes me naive, if that makes me gullible, so be it. But I think at the end of the line, the bottom line here is that the American people will make a decision starting with the midterm elections coming up in just 96 days (something like that). And those elections are going to be critical in terms of trying to constrain Trump and the people, the sycophants and lapdogs behind him and Hegseth and Robert F. Kennedy Jr. and all these people who are ripping the social contract to shreds. And I think that the one way that (this brings us back to my pledge, my affordability pledge for Democrats), I think one way the Democrats can be sure to get the House back and maybe even possibly the Senate in 96, 97 days, is to pledge to make America affordable again. And using these 10 particular steps that are widely, widely supported.

Robert Reich

Derek Shearer served as the US Ambassador to Finland from 1994 to 1997. Previously, he worked in government at the national, state, and local levels, including the founding board of directors of the National Consumer Cooperative Bank in 1978 and Deputy Under Secretary of Commerce for Economic Affairs in 1993. He is emeritus Chevalier Professor of Diplomacy and World Affairs at Occidental College and Diplomat in Residence at Occidental for 2025-26. During the 1992 presidential campaign, Ambassador Shearer was a senior policy adviser to Bill Clinton and helped to write the campaign’s economic program, Putting People First. He has continued this policy work by co-authoring the comprehensive proposal A Bold Economic Program for America and exploring its political path forward in his recent article, Planning for the Day After Trump.

The point of our program is not that it should be endorsed in its entirety. It’s almost meant to be a discussion document to show what is possible—that this can be done. It doesn’t require some dramatic change in the way the government operates. It just demands a change in priorities and some new laws

Derek Shearer

You can’t get to those issues until you are actually in the government. And if we don’t win back the House and at least have a shot at winning back the Senate, talking about these issues while Trump and the MAGA Republican Party controls the government (and might continue to control it), makes us feel good, but it doesn’t change anything. What I’ve learned about the so-called leaders of the party is you don’t really expect them to lead. They will follow when they see where the voters are going. And they’ll also follow when they see if there is a Presidential candidate who takes off on these kinds of issues…I don’t expect the leadership to lead on these issues. So I don’t rail against them. Because what I’m doing (and I’m doing it with a lot of different people out there, including a lot of young people) is trying to find good candidates, provide them with economic ideas to run on, and then hope that we win back the House and that these kinds of then-elected officials who share our viewpoint become the Democratic Party. I mean, that’s how you do these things. If we don’t win these elections, then we’re just kind of crying in the wilderness.

Derek Shearer

Let’s Start the Revolution

Tools for Displacing the Corporate State and Building a Country that Works for the People

In his latest eye-opening exploration, political maverick Ralph Nader dissects the astonishing twists and turns of the 2020 presidential election, a race that left the nation on the edge of its seat. Although Joe Biden clinched victory with a substantial popular vote lead, Nader unveils the precarious nature of the outcome, where a mere 100,000 votes in key swing states could have catapulted Donald Trump back to the presidency. Get your copy here.

News 8/7/26

* This week, a new wave of Democratic primaries were held, most notably in the state of Michigan. In the closely watched Senate primary, which came down to a two-way race, Bernie Sanders-backed progressive Dr. Abdul El-Sayed emerged triumphant. Some have played up the fact that his opponent, Congresswoman Haley Stevens, overperformed relative to her polling in an attempt to downplay the significance of El-Sayed’s victory. Yet, this narrative ignores the fact that Stevens enjoyed the backing of the Democratic Establishment and AIPAC, which gave her an 12-to-1 spending advantage according to Axios, and that she ran misleading ads that made it seem as though former President Barack Obama had endorsed her campaign. Viewed in this light, it is clear just how impressive El-Sayed’s victory – statewide, in a must-win swing state for Democrats – is. El-Sayed will now face off against former Republican Congressman Mike Rogers in the general election.

* In Detroit, the left scored another major win with the victory of Donavan McKinney. McKinney, a DSA member and Michigan state representative, won his primary race against incumbent Congressman Shri Thanedar in Michigan’s 13th congressional district, the Detroit Free Press reports. Thanedar, a millionaire businessman, was a DSA member but left over disagreements over Israel. Thanedar fought hard to keep this seat, which he won in 2022, and was supported by Minority Leader Hakeem Jeffries despite many members of the Congressional Black Caucus supporting McKinney. Given that this is a heavily Democratic district, McKinney is essentially guaranteed a seat in the next Congress, bringing the number of DSA-backed House Members to an unprecedented high of seven. Moreover, between McKinney and Congresswoman Rashida Tlaib, the city of Detroit will now enjoy all DSA representation in Congress.

* In Michigan’s seventh congressional district, progressive climate activist and co-founder of the Sunrise Movement William Lawrence pulled out a win in his primary as well. NBC notes that Lawrence defe...