Socialism, Capitalism and the Great Transformation, Right?

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The rich have benefited the most from socialism in a very contorted, perverse way. To describe it in one sentence, our system has privatized the profits and socialized the losses,. Not only to people, but to ecosystems and future generations. This kind of reduction of all social relationships to market logic is what Dick Norkard calls the economy scene.

On this episode, Nate is joined by Sustainability Science and Policy Professor Jon Erickson. He and Nate dive into Jon’s new book The Progress Illusion: Reclaiming our Future from the Fairytale of Economics, which covers the economic myths that have shaped our modern reality. How can we reshape the narrative and shift the paradigm towards different economic systems that promote human and ecological well-being over material consumption?

About Jon Erickson:

Jon Erickson is the David Blittersdorf Professor of Sustainability Science & Policy at the University of Vermont. He has published widely on energy and climate change policy, land conservation, watershed planning, environmental public health, and the theory and practice of ecological economics. He advised presidential candidate Bernie Sanders on economics and energy issues.