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Saving Capitalism
- For the Many, Not the Few
- Narrated by: Robert B. Reich
- Length: 8 hrs and 19 mins
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Publisher's summary
In Saving Capitalism, Robert Reich reveals the entrenched cycles of power and influence that have damaged American capitalism, perpetuating a new oligarchy in which the 1 percent get ever richer and the rest - middle and working class alike - lose ever more economic agency, making for the greatest income inequality and wealth disparity since World War II. In brilliantly provocative detail, he shows how our misguided veneration of the "free market" has led us here and offers an empowering call to civic action as well as specific ideas for reform. A former White House advisor, talk show fixture, lecturer, and essayist and the star of last year's acclaimed documentary Inequality for All, Robert Reich is a beloved ambassador of progressive economics and a voice of reason in a media climate of fear mongering and finger pointing.
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- Nothing really matters
- 04-18-16
A riveting economics book! Mind. Blown.
Normally, I'm not especially interested in economics. But I was fascinated with Robert Reich's explanation of how the middle class’s buying power and political influence have been transferred to the hands of the wealthiest with the full complicity of politicians on both sides of the spectrum.
I am certain RR is right when he suggests that if more of us understood what is actually happening, we’d cease the right vs. left debate --which miss the point-- and focus on how the world economy’s gone out of whack and on how to accommodate the new realities caused by the relocation of manufacturing jobs and the ability of successful tech companies to make crazy money with relatively few employees.
I also believe he’s right in suggesting those of us in what remains of the middle class are not lazy or useless, as we may have started to believe. In fact, we’re more productive than our parents were. We are just being paid less than our parents, counter-intuitively. The wealth we help generate is no longer being shared with us in an equitable manner. An ever-increasing share is redirected to the new aristocracy.
Do yourself and your kids a favour and read this book. You’ll be shocked at what you’ll learn but glad you did.
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25 people found this helpful
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- G. S. Pita
- 04-26-16
One of Mr. Reich's finest works ao far
Inequality has been Mr. Reich's favorite topic for a while. In this book the author employs years, if not decades, of research to describe the forces governing and dictating the future of America. He proposes a number of alternatives to correct the course of wealth distribution and does a good job of handling common objections to his proposals. This is a much more mature book, in my view, as compared to Supercapitalism, for example. His ideas are clearer and more organized. It also helps to have the author narrating his own book, to give the right intonation amd emphasis where needed. I definitely recommend this audiobook to people interested in forming a broader understanding of distribution of wealth and its impact in society.
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14 people found this helpful
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- Glenn M
- 12-02-15
Some good and some misguided
I found this book thought provoking and at times very disturbing.
I agree with the author that concentrated wealth has the ability to "buy" political power and influence. My solution is to allow each candidate for office to spend a set amount. No big war chests. I would also outlaw or severally curtail lobbyists.
The author's idea that we should pay everyone a stipend is disgusting. My question would be "Where is the personal responsibility in his idea?" Work is good for us. It gives us a sense of purpose. It feeds our pride and self respect. It would be tragic to take that away from people.
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14 people found this helpful
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- Jim D.
- 10-11-15
Clear and fascinating connections
Reich does a great job connecting the dots between wealth and resulting political power used to set the market rules and concentrate the wealth. He also provides useful historical background and comparisons with modern politics. Particularly curious was his review of his own predictions 25 years ago on overall labor allocation.
I suspect many who perceive Reich as overly biased left won't make the time to read this latest work which Is unfortunate. The review of macro economic and political trends is quite fascinating and Reich builds a plausible narrative which connects the far left and far right on shared dissatisfaction of the status quo.
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11 people found this helpful
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- David
- 10-05-15
Are we arguing about the right questions
I kind of chuckle at his vision of robots, where have we seen this before? Other than that, this is a very serious and very important truth. He makes the point that we've been arguing the wrong thing. Talk about regulation and you'll get something about how the market is more efficient, but the market runs on rules and someone needs to make them. And, I'd like to have them made in a transparent way, by people who have accountability to more than the highest bidder. I really to like Robert Reich. I do hope President Sanders makes good use of his ideas and talents.
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- Michael
- 02-20-17
Rousseau would love it!
I consider myself a Voltaire liberal (with libertarian leanings) as opposed to a Rousseau liberal.
In this book Robert Reich does a good job of expressing a Rousseau liberal outlook on capitalism.
Much of the first part of this book demonstrates that some people are more powerful than others, and these powerful people tend to be rich and use their power to get richer and more powerful. He sometimes seems to believe this is a new phenomenon. I am pretty sure most people since 1000 BCE have been aware of, and been talking about, this issue.
Reich is also trying to persuade, and is from time to time a bit deceptive with facts. He doesn't tell untruths but he occasionally does not tell the whole truth.
Reich seems to hearken back to the good-old-days of five decades ago. That would be 1965. I was around in 1965, and I am dubious about those being the good old days. Poverty rate was much higher. Not to mention poverty in 1965 was significantly more unpleasant than today. Gender and race discrimination were much worse. Unions were much bigger and more powerful in 1965 but that does not mean wealth was more fairly distributed. Indeed it seems global wealth is more fairly distributed to the global poor now than in 1965. The global rich, using their power, have gotten more than their share and this leaves the global middle class getting a declining share.
Reich's solution to this problem seems to be that poor and middle class in the US should align, along with unions, to take back the power (exactly how is not too clear) then use the reclaimed power to redistribute wealth in a more equal way,
For example Reich proposes a basic living stipend granting enough money for food, shelter, education and medical care for everyone without any need for work or to provide any service to society. Like any good believer in Rousseau, he predicts the recipients will use their massive free time creating art or other benefits to society or they will want to work anyway at some low paying job to increase their quality of life or consumption. I suspect a quite goodly number will take the day off and play video games and/or have farting contests.
The problem us Voltaire liberals find with those Rousseau liberals is we think Rousseau and his ilk are naive about the underlying nature of humanity. We are not born good and corrupted by society. We are born selfish little buggers who grudgingly learn to cooperate for mutual advantage. If everyone had a living stipend it would not be a utopia, but just a different set of problems. Voltaire liberals don't think the Market is infallible, just that the market is a bit better than central planning. Voltaire liberals recommend not Laissez-faire capitalism nor top down redistribution, but instead maintaining a system of shifting dynamic alliances within an agreed framework to respond (inefficiently) to a changing environment.
I don't agree much with Reich, but it is an OK book with decent narration.
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- McClain Murphy
- 12-07-15
Probably one of the most important books you can read right now.
This book delineates very clearly the deficiencies to our current political economy and begs the question whether we will do what is necessary to fix it. Mr. Reich does this without asking whether it is possible.l- he instead hakes it resoundingly clear that it is not only possible, but necessary.
This is one of the most important books I've ever read.
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- -McDapp-
- 11-02-15
Knowledge of what the issues are is critical to knowing the way forward.
Exceptionally well performed. A true eye opener that takes one through, not only what the current problems are and what the possible solutions would be, but what can be done to improve the status quo in any capitalist economy.
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- MG Wray Samans
- 04-19-16
Excellent insights into what has happened and why.
What did you love best about Saving Capitalism?
We all realize that something has gone very wrong in America, but we can't seem to figure out what it is. Reich concisely explains why this is (because we're easily distracted by largely irrelevant claims), what happened (while we were arguing over markets versus government intervention, the fundamental rules of the market were rewritten in ways that make us worse off), and what we might do about it (reinvigorate countervailing power that can offset the influence of concentrated wealth).
Which character – as performed by Robert B. Reich – was your favorite?
"Saving Capitalism" is a nonfiction book, so it doesn't have characters for the most part, but Reich reads with excellent inflection and enunciation, and he incorporates different voice styles when quoting historical figures. The result is a very engaging vocal rendering of a very engaging book.
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- Buffalo Bill
- 12-06-15
Robert Reich's students are very lucky.
What made the experience of listening to Saving Capitalism the most enjoyable?
Facts not just opinions. Mr. Reich's explanations of how can we fix our society are spot on.
Who was your favorite character and why?
The idea of countervailing power.
What about Robert B. Reich’s performance did you like?
Mr. Reich pace is perfect. He even does impersonations when he is quoting famous people.
If you could give Saving Capitalism a new subtitle, what would it be?
How to get our country back.
Any additional comments?
I see why Bill O'Reilly was afraid to debate Mr. Reich.
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Turn Off Your TV. Wake Up and Listen Now!
- By Benchmark on 03-25-20
By: Robert B. Reich
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Beyond Outrage
- What Has Gone Wrong with Our Economy and Our Democracy, and How to Fix Them
- By: Robert B. Reich
- Narrated by: Robert B. Reich
- Length: 3 hrs and 26 mins
- Unabridged
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Overall
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Performance
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Story
Robert B. Reich urges Americans to get beyond mere outrage about the nation’s increasingly concentrated wealth and corrupt politics in order to mobilize and to take back our economy and democracy. Americans can’t rely only on getting good people elected, Reich argues, because nothing positive happens in Washington unless good people outside Washington are organized to help make those things happen after the election. But in order to be effectively mobilized, we need to see the big picture.
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Falls short
- By J. Klinghoffer on 11-04-13
By: Robert B. Reich
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The Common Good
- By: Robert B. Reich
- Narrated by: Robert B. Reich
- Length: 5 hrs and 12 mins
- Unabridged
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Overall
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Performance
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Story
Robert B. Reich makes a powerful case for the expansion of America’s moral imagination. Rooting his argument in common sense and everyday reality, he demonstrates that a common good constitutes the very essence of any society or nation. Societies, he says, undergo virtuous cycles that reinforce the common good as well as vicious cycles that undermine it, one of which America has been experiencing for the past five decades. This process can and must be reversed.
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Edifying
- By Jean on 03-15-18
By: Robert B. Reich
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Reason
- Why Liberals Will Win the Battle for America
- By: Robert B. Reich
- Narrated by: Robert B. Reich
- Length: 7 hrs and 23 mins
- Unabridged
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Overall
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Performance
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Story
From Robert B. Reich, passionate believer in American democracy and public servant, Reason is a guide to confronting and derailing what he sees as the mounting threat to American liberty, prosperity, and security posed by the radical conservatives, Radcons as he calls them.
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Reason
- By Ron Green on 03-13-05
By: Robert B. Reich
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Aftershock
- The Next Economy and America’s Future
- By: Robert B. Reich
- Narrated by: Robert Reich
- Length: 4 hrs and 30 mins
- Unabridged
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Overall
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Performance
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Story
The author of 12 acclaimed books, Robert B. Reich is a Chancellor’s Professor of Public Policy at the University of California, Berkeley, and has served in three national administrations. While many blamed Wall Street for the financial meltdown, Aftershock points a finger at a national economy in which wealth is increasingly concentrated at the top - and where a grasping middle class simply does not have the resources to remain viable.
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Very plausible assessment of our economy
- By CAR TOP CAMPER on 10-06-10
By: Robert B. Reich
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Saving Capitalism: For the Many, Not the Few, by Robert B. Reich
- Key Takeaways, Analysis & Review
- By: Instaread
- Narrated by: Michael Gilboe
- Length: 21 mins
- Unabridged
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Overall
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Performance
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Story
Saving Capitalism: For the Many, Not the Few by Robert B. Reich examines the intersection of economics and politics in order to make sense of income inequality and wealth disparity in the 21st-century United States of America....
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Too short -31 Mins even for $4
- By Observer on 04-22-16
By: Instaread
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The System
- Who Rigged It, How We Fix It
- By: Robert B. Reich
- Narrated by: Robert B. Reich
- Length: 6 hrs and 7 mins
- Unabridged
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Overall
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Performance
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Story
Millions of Americans have lost confidence in our political and economic system. After years of stagnant wages, volatile job markets, and an unwillingness by those in power to deal with profound threats such as climate change, there is a mounting sense that the system is fixed, serving only those select few with enough money to secure a controlling stake. With the characteristic clarity and passion that has made him a central civil voice, Robert B. Reich shows how wealth and power have interacted to install an elite oligarchy, eviscerate the middle class, and undermine democracy.
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Turn Off Your TV. Wake Up and Listen Now!
- By Benchmark on 03-25-20
By: Robert B. Reich
-
Beyond Outrage
- What Has Gone Wrong with Our Economy and Our Democracy, and How to Fix Them
- By: Robert B. Reich
- Narrated by: Robert B. Reich
- Length: 3 hrs and 26 mins
- Unabridged
-
Overall
-
Performance
-
Story
Robert B. Reich urges Americans to get beyond mere outrage about the nation’s increasingly concentrated wealth and corrupt politics in order to mobilize and to take back our economy and democracy. Americans can’t rely only on getting good people elected, Reich argues, because nothing positive happens in Washington unless good people outside Washington are organized to help make those things happen after the election. But in order to be effectively mobilized, we need to see the big picture.
-
-
Falls short
- By J. Klinghoffer on 11-04-13
By: Robert B. Reich
-
The Common Good
- By: Robert B. Reich
- Narrated by: Robert B. Reich
- Length: 5 hrs and 12 mins
- Unabridged
-
Overall
-
Performance
-
Story
Robert B. Reich makes a powerful case for the expansion of America’s moral imagination. Rooting his argument in common sense and everyday reality, he demonstrates that a common good constitutes the very essence of any society or nation. Societies, he says, undergo virtuous cycles that reinforce the common good as well as vicious cycles that undermine it, one of which America has been experiencing for the past five decades. This process can and must be reversed.
-
-
Edifying
- By Jean on 03-15-18
By: Robert B. Reich
-
Reason
- Why Liberals Will Win the Battle for America
- By: Robert B. Reich
- Narrated by: Robert B. Reich
- Length: 7 hrs and 23 mins
- Unabridged
-
Overall
-
Performance
-
Story
From Robert B. Reich, passionate believer in American democracy and public servant, Reason is a guide to confronting and derailing what he sees as the mounting threat to American liberty, prosperity, and security posed by the radical conservatives, Radcons as he calls them.
-
-
Reason
- By Ron Green on 03-13-05
By: Robert B. Reich
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Aftershock
- The Next Economy and America’s Future
- By: Robert B. Reich
- Narrated by: Robert Reich
- Length: 4 hrs and 30 mins
- Unabridged
-
Overall
-
Performance
-
Story
The author of 12 acclaimed books, Robert B. Reich is a Chancellor’s Professor of Public Policy at the University of California, Berkeley, and has served in three national administrations. While many blamed Wall Street for the financial meltdown, Aftershock points a finger at a national economy in which wealth is increasingly concentrated at the top - and where a grasping middle class simply does not have the resources to remain viable.
-
-
Very plausible assessment of our economy
- By CAR TOP CAMPER on 10-06-10
By: Robert B. Reich
-
Saving Capitalism: For the Many, Not the Few, by Robert B. Reich
- Key Takeaways, Analysis & Review
- By: Instaread
- Narrated by: Michael Gilboe
- Length: 21 mins
- Unabridged
-
Overall
-
Performance
-
Story
Saving Capitalism: For the Many, Not the Few by Robert B. Reich examines the intersection of economics and politics in order to make sense of income inequality and wealth disparity in the 21st-century United States of America....
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Too short -31 Mins even for $4
- By Observer on 04-22-16
By: Instaread
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Supercapitalism
- The Transformation of Business, Democracy, and Everyday Life
- By: Robert B. Reich
- Narrated by: Dick Hill
- Length: 9 hrs and 36 mins
- Unabridged
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Overall
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Performance
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Story
Since the 1970s, and notwithstanding three recessions, the U.S. economy has soared. American capitalism has been a triumph, and it has spread throughout the world. At the same time, argues the former U.S. secretary of labor, Robert B. Reich, the effectiveness of democracy in America has declined. It has grown less responsive to the citizenry, and people are feeling more and more helpless as a result.
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Robert Reich for V.P. (of the U.S.)
- By Horace on 11-07-07
By: Robert B. Reich
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Arguing with Zombies
- Economics, Politics, and the Fight for a Better Future
- By: Paul Krugman
- Narrated by: Rob Shapiro, Paul Krugman
- Length: 12 hrs and 15 mins
- Unabridged
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Overall
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Performance
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Story
There is no better guide than Paul Krugman to basic economics, the ideas that animate much of our public policy. Likewise, there is no stronger foe of zombie economics, the misunderstandings that just won’t die. In Arguing with Zombies, Krugman tackles many of these misunderstandings, taking stock of where the United States has come from and where it’s headed in a series of concise, digestible chapters. Drawn mainly from his popular New York Times column, they cover a wide range of issues, organized thematically and framed in the context of a wider debate.
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One of the most decisive and partisan books I’ve read
- By Bob on 03-11-20
By: Paul Krugman
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The Future of Success
- By: Robert B. Reich
- Narrated by: Robert B. Reich
- Length: 6 hrs and 12 mins
- Abridged
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Overall
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Performance
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Story
If you think it’s getting harder to both make a living and make a life, economist and former secretary of labor Robert Reich agrees with you. Americans may be earning more than ever before, but we’re paying a steep price: we’re working longer, seeing our families less, and our communities are fragmenting. With the clarity and insight that are his hallmarks, Reich delineates what success has come to mean in our time. He demonstrates that although we have more choices as consumers, and investors, the choices themselves are undermining the rest of our lives.
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The Future of SUCCESS??? Really???
- By Cary on 11-21-04
By: Robert B. Reich
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It's OK to Be Angry About Capitalism
- By: Senator Bernie Sanders, John Nichols
- Narrated by: Senator Bernie Sanders
- Length: 10 hrs and 59 mins
- Unabridged
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Overall
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Performance
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Story
It’s OK to be angry about capitalism. Reflecting on our turbulent times, Senator Bernie Sanders takes on the billionaire class and speaks blunt truths about our country’s failure to address the destructive nature of a system that is fueled by uncontrolled greed and rigidly committed to prioritizing corporate profits over the needs of ordinary Americans.
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A true and unbiased understanding of politics today
- By Sassy monster on 02-21-23
By: Senator Bernie Sanders, and others
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System Error
- Where Big Tech Went Wrong and How We Can Reboot
- By: Rob Reich, Mehran Sahami, Jeremy M. Weinstein
- Narrated by: Kaleo Griffith
- Length: 11 hrs and 28 mins
- Unabridged
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Overall
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Performance