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Pitchfork Economics with Nick Hanauer

The economics of belonging (with john a. powell)

Pitchfork Economics with Nick Hanauer

Civic Ventures

Business, Government, News, Politics

4.81.5K Ratings

🗓️ 17 October 2023

⏱️ 48 minutes

🧾️ Download transcript

Summary

If you’re a long-time listener, you’ve definitely heard us discuss the golden rule of middle out economics: The more people you include in the economy, the faster and more prosperous it grows for everybody. The Director of the Othering & Belonging Institute, john a. powell, agrees that inclusion is the key to a thriving economy, and he joins us to explain why the concept of belonging is so important for a healthy community. This episode originally aired on May 24, 2022. john a. powell is the Director of the Othering & Belonging Institute at the University of California, Berkeley. Twitter: @profjohnapowell Targeted universalism: a solution for inequality? https://www.cbs8.com/article/news/local/california/targeted-universalism/509-2127090b-7f50-4a91-91e7-04c47acf3309 Othering & Belonging Institute https://belonging.berkeley.edu/john-powell Pre-Order Nick's new book, Corporate Bullsh*t https://www.corporatebsbook.com Website: http://pitchforkeconomics.com Twitter: @PitchforkEcon Instagram: @pitchforkeconomics Nick’s twitter: @NickHanauer

Transcript

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0:00.0

I'm Nick Hanauer. As someone who's been in and around corporate boardrooms, my entire career,

0:07.1

there's nothing I know better than the extent to which many of my business colleagues will go

0:13.8

to lie to protect their power and profits. And in my new book, Corporate Bullshit,

0:20.4

co-authored with Joan Walsh and Don Cohen, we make this manipulative duplicity plain as day

0:27.2

by placing egregious past quotes from corporate executives next to the equally outrageous

0:34.2

contemporary quotes, all of which justify outcomes that lie in pockets while harming society.

0:41.2

Again, the book is called Corporate Bullshit and you can pre-order the book now wherever books

0:47.1

are sold. If you're a longtime listener of Pitchfork Economics, you've probably heard us tell you

0:53.6

that the golden rule of middle-out economics is that the more people you include in the economy,

1:00.4

the faster and more prosperous it grows. For everybody, and so to drive that point

1:06.4

home yet once again, we thought we'd re-air our conversation with John A. Powell,

1:12.3

the director of the Othering and Belonging Institute, about why Belonging is so important for a

1:19.0

healthy community and why inclusion is the key to a thriving economy. Enjoy.

1:27.4

Legislatures around the country and the Supreme Court are making participation harder, not

1:33.9

easier. Participation in not just in the economy, but in democracy. But in the democracy,

1:39.1

right. You're saying a process of othering, devaluing human beings, and the solution to it is

1:45.6

inclusion is it's kind of something that happens to you like you can be included. Yeah,

1:50.4

whereas Belonging is something that we do together.

1:58.2

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

2:03.2

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

2:15.3

Contrary to what you may have learned in your Econ 101 textbook,

2:24.5

we believe that diversity and inclusion are actually primary drivers of economic growth and

...

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