(POLITICALAFFAIRS.NET) — After a life in the union and socialist movements, I am always amused when the most ardent liberals take time out to redbait themselves, thus making themselves look both cowardly and ridiculous as they run away from their own values. Former Clinton Administraton Labor Secretary Robert Reich has been a consistent and for the most part sober critic of austerity politics and economics. His blog is one of the first places I go for reliable analysis of the economic news of the day. He not only knows the economics landscape well, his experience in the real world of politics makes gives him a good political BS meter. So — I treat him as a brother!

Still, the first two paragraphs of Reich’s column "The Answer Isn’t Socialism; It’s Capitalism that Better Spreads the Benefits of the Productivity Revolution" are simply false.

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