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We are living through a paradigm shift from trickle-down neoliberalism to middle-out economics — a new understanding of who gets what and why. Join zillionaire ...
This week, Natalie Foster, co-founder of the Economic Security Project, joins Nick and Goldy to discuss her book The Guarantee: Inside the Fight for America's Next Economy. Foster argues that as the world’s wealthiest nation, the U.S. can ensure a basic economic floor for all by guaranteeing essentials like housing, healthcare, higher education, family care, good jobs, and income, regardless of race, religion, or location. Foster explains how giving people money might just be the key to growing the economy for everyone. Their wide-ranging conversation covers topics including the wealth gap, housing affordability, baby bonds, and the political dynamics surrounding guarantee programs.
Natalie Foster is the president and co-founder of the Economic Security Project and author of the book The Guarantee: Inside the Fight for America’s Next Economy. Natalie previously founded the sharing economy community Peers, and co-founded Rebuild the Dream, and served as Digital Director for President Obama’s Organizing for America.
Twitter: @nataliefoster
Further reading:
The Guarantee: Inside the Fight for America’s Next Economy
Website: http://pitchforkeconomics.com
Twitter: @PitchforkEcon, @NickHanauer, @civicaction
Instagram: @pitchforkeconomics
Threads: pitchforkeconomics
YouTube: @pitchforkeconomics
Substack: The Pitch
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38:49
Revisiting How to Stand Up for Voting Rights (with Andrea Hailey)
Voting is the cornerstone of a functioning democracy, yet access to the ballot is increasingly under threat in America. No matter who wins the Presidential race, it should be a priority to strengthen and expand accessible and secure voting. This election day, we’re revisiting a conversation we had in 2021 with Andrea Hailey, CEO of Vote.org, where we unpack the ongoing fight for voting rights and discuss how restrictive policies disproportionately impact marginalized communities. Hailey shares insights into the tools and strategies we can all use to ensure that every American has an equal voice at the polls. She also explains why voting access matters more than ever and how we can stand up for democracy by defending the right to vote.
This episode originally aired on October 21, 2021.
Andrea Hailey is the CEO of Vote.org, the nation’s largest nonpartisan digital voter engagement organization.
Twitter: @votedotorg
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Website: http://pitchforkeconomics.com
Twitter: @PitchforkEcon, @NickHanauer, @civicaction
Instagram: @pitchforkeconomics
Threads: pitchforkeconomics
YouTube: @pitchforkeconomics
Substack: The Pitch
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34:36
Project 2025 is All Trick, No Treat (with Peggy Bailey)
As Election Day approaches, Peggy Bailey from the Center on Budget and Policy Priorities joins Paul and Goldy to discuss the devastating potential effects of the House Republican agenda and the Heritage Foundation’s Project 2025. The proposals, supported by candidates who will be on your ballot this November, include a wholesale dismantling of federal government programs, cutting benefits, shifting costs to states, and penalizing working families in order to slash taxes for the rich. Bailey reveals the massive economic disinvestment and inherent racism and discrimination in the trickle-down agenda of Project 2025 and the House Republican agenda, even as she emphasizes the need for the federal government to revitalize the economy from the bottom up with investments in those who have been marginalized.
Peggy Bailey is the Executive Vice President of Policy and Program Development at the Center on Budget and Policy Priorities. She previously served in the Biden-Harris Administration as the Senior Advisor on Rental Assistance to HUD Secretary Marcia L. Fudge. She also served as the Director of Health and Housing Integration for the Corporation for Supportive Housing, where she focused on Medicaid expansion and finding sustainable funding sources for the services that people with histories of homelessness and chronic health conditions need to maintain their housing.
Twitter: @PeggyBaileyDC @CenterOnBudget
Further reading:
Report from the Center on Budget & Policy Priorities: House Republican Agendas and Project 2025 Would Increase Poverty and Hardship, Drive Up the Uninsured Rate, and Disinvest From People, Communities, and the Economy
Stop Project 2025 Comic Book
Website: http://pitchforkeconomics.com
Twitter: @PitchforkEcon, @NickHanauer, @civicaction
Instagram: @pitchforkeconomics
Threads: pitchforkeconomics
YouTube: @pitchforkeconomics
Substack: The Pitch
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40:59
Acemoglu on Automation: The Nobel Laureate Vs. the Robots (with Daron Acemoglu)
Since Daron Acemoglu just won the 2024 Nobel Memorial Prize in Economic Sciences alongside MIT Sloan professor Simon Johnson and University of Chicago professor James Robinson, we’re revisiting this powerful episode featuring Acemoglu’s insights from 2023. In his groundbreaking book Power and Progress, Acemoglu exposes how the elite have weaponized technology to tighten their grip on wealth and influence, and explains how we can ensure that technological progress works for everyone, not just the wealthy few.
This episode originally aired on August 22, 2023.
Daron Acemoglu is the Institute Professor of Economics at MIT, the university’s highest faculty honor, and a 2024 Nobel laureate. For the last twenty-five years, he has been researching the historical origins of prosperity, poverty, and the effects of new technologies on economic growth, employment, and inequality. He is an author (with James Robinson) of The Narrow Corridor and the New York Times bestseller Why Nations Fail.
Twitter: @NarrowCorridor
Further reading:
Trio of professors win Nobel economics prize for work on post-colonial wealth
Democracy is in a ‘tough stretch.’ New Nobel winners explain how to strengthen it
Power and Progress: Our Thousand-Year Struggle Over Technology and Prosperity
The Narrow Corridor: States, Societies, and the Fate of Liberty
Website: http://pitchforkeconomics.com
Twitter: @PitchforkEcon, @NickHanauer, @civicaction
Instagram: @pitchforkeconomics
Threads: pitchforkeconomics
YouTube: @pitchforkeconomics
Substack: The Pitch
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53:54
Stop the Steal: Revisiting Private Equity’s Plan to Pillage America (with Brendan Ballou)
Private equity is looting America by exploiting vulnerable companies and extracting profits at the expense of workers, communities, and the broader economy. They've been buying up companies in every industry in the U.S. Economy and stripping them for parts. These massive firms have vast holdings across critical industries essential to the health and well-being of everyday people. Some recent examples include private equity's role in education, utilities, housing, and even in the healthcare sector, which led to the closure of hospitals and nursing homes, endangering public health. We thought it would be a good time to revisit this episode from 2023 with Brendan Ballou, a federal prosecutor and the author of Plunder: Private Equity’s Plan to Pillage America. In this episode, he explains how we can stop private equity’s plan to pillage America.
This episode originally aired on July 25, 2023.
Brendan Ballou is a federal prosecutor and served as Special Counsel for Private Equity in the Justice Department’s Antitrust Division. Previously, he worked in private practice, and before that, in the National Security Division of the Justice Department, where he advised the White House on counterterrorism and other policies.
Twitter: @brendanballou
Further reading:
Plunder: Private Equity’s Plan to Pillage America
The Guardian - Slash and burn: is private equity out of control?
Website: http://pitchforkeconomics.com
Twitter: @PitchforkEcon, @NickHanauer, @civicaction
Instagram: @pitchforkeconomics
Threads: pitchforkeconomics
YouTube: @pitchforkeconomics
Substack: The Pitch
We are living through a paradigm shift from trickle-down neoliberalism to middle-out economics — a new understanding of who gets what and why. Join zillionaire class-traitor Nick Hanauer and some of the world’s leading economic and political thinkers as they explore the latest thinking on how the economy actually works.