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Pitchfork Economics with Nick Hanauer

Can the economy be liberated? (with Jeremie Greer)

Pitchfork Economics with Nick Hanauer

Civic Ventures

Business, Government, News, Politics

4.8 • 1.5K Ratings

🗓️ 30 May 2023

⏱️ 37 minutes

🧾️ Download transcript

Summary

Even when our nation's prosperity was most broadly shared in the 1950s and 1960s, Black people and other communities of color were purposefully denied the shared prosperity that white families enjoyed. And because inclusion drives economic growth, excluding anyone from the economy is bad for all of us. Jeremie Greer, Liberation in a Generation’s co-director, explains how racism is profitable under our current economic system, and breaks down how we can build a Liberation Economy that truly includes—and benefits—everyone. Jeremie Greer is the Co-Founder and Co-Executive Director of Liberation in a Generation, a national movement-support organization, building power for POC and demanding a Liberation Economy. Twitter: @liberation_gen, @JeremieGreer Liberation in a Generation https://www.liberationinageneration.org Racism is Profitable Podcast https://www.liberationinagenerationaction.org/podcast The Road to Zero Wealth https://ips-dc.org/report-the-road-to-zero-wealth Website: http://pitchforkeconomics.com Twitter: @PitchforkEcon Instagram: @pitchforkeconomics Nick’s twitter: @NickHanauer

Transcript

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0:00.0

We really believe this, that inclusion drives economic growth.

0:05.6

We like to think of a liberation economy, economy that all people have their basic needs met,

0:10.3

where all people are feeling safe and secure, where all people have value,

0:14.4

and that all people feel like they belong.

0:16.9

The only effective way to build the economy is from the bottom up in the middle out,

0:21.8

which is precisely what the folks at liberation in a generation are trying to do.

0:30.7

From the home offices of civic ventures in downtown Seattle, this is Pitch Fork Economics,

0:37.7

with Nick Hanauer, the best place to get the truth about who gets what and why.

0:48.8

I'm Nick Hanauer, founder of Civic Ventures.

0:51.9

I'm David Goldstein, senior fellow at Civic Ventures.

1:00.4

So, this is a podcast, Nick, not a YouTube, but I'm guessing that a lot of people might know that

1:10.8

we're just a couple of old white guys here.

1:17.9

And so, we talk a lot about inclusion on this podcast.

1:22.9

And of course, we talk about it because that is the core of our economic theory.

1:27.6

We call it the golden rule of economics, that the more people we fully include in the economy,

1:34.2

in every way possible as entrepreneurs, innovators, workers, consumers, the faster and more

1:41.2

prosperous the economy grows. We really believe this, that inclusion drives economic growth.

1:47.7

It's an argument about cause and effect that we've made repeatedly throughout the life of this

1:54.1

podcast, but when we talk about inclusion for us personally, it's theoretical, it is economic theory,

2:04.4

but as far as our lived experience, I'm guessing like me, inclusion hasn't been a big problem

2:12.6

for you. No, no, definitely not, despite being Jewish, but as Jews, we generally pass.

2:19.3

We've been included in this economy from the very start.

...

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