LIVE FROM DC: Abundance and Social Democracy: Enemies or Allies?
Pitchfork Economics with Nick Hanauer
Civic Ventures
4.7 • 1.5K Ratings
🗓️ 10 February 2026
⏱️ 58 minutes
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| 0:00.0 | The rising inequality and growing political instability that we see today are the direct result of decades of bad economic theory. |
| 0:10.9 | The last five decades of trickle-down economics haven't worked. |
| 0:14.7 | But what's the alternative? |
| 0:16.3 | Middle-out economics is the answer. |
| 0:18.6 | Because the middle class is the source of growth, not its consequence. |
| 0:23.1 | That's right. |
| 0:28.7 | This is pitchfork economics with Nick Hanauer, a podcast about how to build the economy from the middle out. |
| 0:36.9 | Welcome to the show. |
| 0:43.1 | Hey, pitchfork listeners, Goldie here. A couple weeks ago, Nick and I had the pleasure of |
| 0:49.0 | attending a conference in the other Washington, because, you know, we here in Seattle, we live in the real one. |
| 0:55.9 | Anyway, it was a conference in which our friends at Democracy Journal packed some of our |
| 1:00.6 | nation's leading progressive thinkers into a room to ask them the important question, |
| 1:06.4 | can't we all just get along? |
| 1:08.6 | Well, at least on that day, we did. And one of the more interesting |
| 1:12.8 | sessions was a panel titled Abundance and Social Democracy, Enemies or Allies, to which I ask, |
| 1:21.3 | Can it be both? Anyway, we hope you enjoy. |
| 1:29.5 | If everyone's ready, welcome to the next panel on social democracy and abundance |
| 1:36.4 | and whether they're opposites or whether they can be combined. |
| 1:39.3 | A very, very important question. |
| 1:42.0 | I have to say, I'm extremely grateful to Mike Tamasky for asking me to |
| 1:46.4 | moderate this, because one of the effects of Trump is that he imposes an opportunity cost on |
| 1:53.7 | what your mind focuses on. And as I was doing a bit more speed reading of this wonderful panel's |
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