Pitchfork Economics with Nick Hanauer
How to Build a Just Economy (with Nick Romeo)
Apr 30, 2024
Journalist Nick Romeo discusses his book 'The Alternative: How to Build a Just Economy' on restructuring the economy towards fairness. Topics include worker cooperatives, public-option marketplaces, job guarantee programs, challenges of monopolies like Amazon, policy interventions for a just economy, and alternatives to neoliberalism for sustainability.
35:42
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Quick takeaways
- Middle-out economics prioritizes rebuilding the economy from the middle class, advocating for a bottom-up approach that benefits all.
- Integrating history, philosophy, and ethics into economic education can lead to better policy decisions and economic models, challenging conventional economic theories.
Deep dives
Reimagining Economics: The Need for Middle-Out Economics
Middle-out economics emphasizes rebuilding the economy from the middle out and bottom up, contrary to the traditional top-down approach. It recognizes that the middle class, not Wall Street, is the backbone of the economy, benefiting everyone. Nick Romeo's book, "The Alternative, How to Build a Just Economy," challenges conventional economic theories, highlighting the need to integrate history, philosophy, and ethics into economic education.
