Future Now
Future Now 013 — Exploring economic alternatives with The New Yorker's Nick Romeo
Jan 22, 2024
Author and journalist Nick Romeo explores potential economic alternatives and challenges the inevitability of the current economic status quo. Topics include restructuring labor markets, innovative political interventions for city governance, true price accounting, livable wages, employee ownership, and reframing rationality to create impactful businesses and communities.
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Quick takeaways
- The Alternative book presents concrete examples of alternative approaches to the current economic system, such as true pricing and cooperative business models that prioritize worker and community profits.
- Romeo explores the concept of livable wages and highlights the importance of fair compensation and wealth distribution, presenting examples of business owners who support living wages and profit sharing, as well as the potential of employee ownership to create a more equitable economy.
Deep dives
The Book: The Alternative, How to Build a Just Economy
In this podcast episode, author Nick Romeo discusses his book, The Alternative, which challenges the current economic system and presents better alternatives. The book showcases ideas like true pricing and cooperative business models that prioritize worker and community profits. Romeo shares real stories of individuals working towards a more just and equal economy. He emphasizes the need to disrupt the perception that there is no alternative to the current economic status quo and presents concrete examples of alternative approaches being implemented in various areas, including labor markets, businesses, and cities.
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