Pitchfork Economics with Nick Hanauer cover image

Pitchfork Economics with Nick Hanauer

The Road to Freedom (with Joseph Stiglitz)

Jul 16, 2024
Nobel Prize-winning economist Joseph Stiglitz challenges orthodox economic theories in his new book, advocating for progressive capitalism. He critiques neoliberalism, discusses misconceptions about freedom, and highlights the need for policies that prioritize well-being over wealth. Stiglitz emphasizes the importance of addressing climate change and inequality for a more equitable and sustainable future.
48:05

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • Middle out economics offers a solution to combat rising inequality and political instability.
  • Progressive capitalism advocates for a comprehensive economic approach prioritizing social equity and environmental sustainability.

Deep dives

Middle Out Economics: Rebuilding the Economy from the Middle

Middle out economics emerges as the solution to combat rising inequality and political instability caused by flawed economic theories. Wall Street is not credited with building the country; instead, it is acknowledged that the middle class played a pivotal role. Joseph Stiglitz, a Nobel Prize-winning economist, challenges prevailing neoliberal economics that prioritize unfettered markets and push society towards authoritarian populism.

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