Pitchfork Economics with Nick Hanauer cover image

The Tyranny of Merit (with Michael Sandel)

Pitchfork Economics with Nick Hanauer

CHAPTER

The Damaging Consequences of Prioritizing Capital Efficiency

This chapter discusses the damaging consequences of prioritizing capital efficiency over justice, inequality, environmental impact, and social solidarity. The speaker challenges the neoclassical and neoliberal framework and explores how market decisions are often made by the wealthy and powerful.

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