For decades, orthodox economics has treated morality as irrelevant—as if economic decisions happen in a vacuum, separate from our values and social bonds. But that approach has failed spectacularly, giving cover to policies that divide and exploit us.
In this episode, Heather McGhee joins Nick and Paul to argue that morality must be central to how we think ... Show More
Aug 12
Back to Basics Series: Does the Market Really Pay You What You’re Worth? (with Marshall Steinbaum and Saru Jayaraman)
We’ve all heard the story: In a fair market, workers are paid exactly what they’re worth. Economists even have a name for it—marginal productivity theory. It’s neat, simple…and completely wrong. In this Back-to-Basics episode, economist Marshall Steinbaum and labor leader Saru Ja ... Show More
50m 51s
Aug 5
Back to Basics Series: The Velocity of Money (with Ann Pettifor)
If you’ve ever wondered why the economy feels stuck, even when it seems like there's a lot more money in the system, this episode will blow your mind. Political economist Ann Pettifor joins Nick and Goldy to explain why money isn't flowing like it used to, and why that matters. O ... Show More
42m 30s
Jul 10
Revealing the Secret Architects of Capitalism, with Chris Hughes
After the 2008 financial crisis, and especially after the COVID pandemic of 2020, an increasing number of Americans are questioning the wisdom of unregulated markets and envisioning a more active role for the state. Scholars have coined a panoply of neologisms to capture this vie ... Show More
49m 27s
Feb 2025
HOT TOPICS | The American Dream is Gone, This is the American Nightmare! - February 13th, 2025
The United States is no longer a land of opportunity—it’s a playground for oligarchs. While millions struggle to afford basic necessities like healthcare, housing, and food, the ultra-wealthy and those in power continue to prioritize tax cuts for the elite. The American Dream has ... Show More
1h 30m
Oct 2023
Stephanie Southworth and Sara Brallier, "Homelessness in the 21st Century: Living the Impossible American Dream" (Routledge, 2023)
An accessible and engaging introductory text on homelessness and housing policy, this timely book uses a sociopolitical framework for understanding issues of homelessness in the United States.The authors, leading sociologists in their field, use data from over 250 interviews and ... Show More
1h 6m
May 2024
Harry Pettit, "The Labor of Hope:: Meritocracy and Precarity in Egypt" (Stanford UP, 2023)
Capitalism is not only an economic system but also a system of production and allocation of hope. In Egypt, a generation of young men desire fulfilling employment, meaningful relationships, and secure family life, yet find few paths to achieve this. In The Labor of Hope:: Meritoc ... Show More
56m 20s
Jun 26
How The Democrats Lost Labor And Found Capital, with David Sirota
The Democratic Party has become too focused on appeasing its billionaire donors and has failed to communicate its commitment to the working class, argues long-time political journalist David Sirota. The question moving forward, he says, is if the party can ever refocus its brand ... Show More
49m 36s