What Comes After Neoliberalism? (with Nick Hanauer & Eric Beinhocker)

Pitchfork Economics with Nick Hanauer

Civic Ventures

News, Business, Government, Politics

4.7 • 1.5K Ratings

🗓️ 26 May 2026

⏱️ 32 minutes

🔗️ Recording | iTunes | RSS

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Summary

This week, we’re sharing a special episode from Washington Monthly featuring Pitchfork Economics co-host Nick Hanauer and Oxford professor Eric Beinhocker in conversation with Anne Kim about Market Humanism. For decades, American capitalism has been organized around efficiency, shareholder value, and the idea that prosperity naturally trickles down from the top. But as Nick and Eric explain, that story has failed on its own terms: inequality has exploded, workers have been squeezed, and democracy itself has become more fragile. In this conversation, they make the case for a new economic paradigm they call market humanism: the idea that markets should be built to solve human problems, strengthen democracy, and improve people’s lives—not simply maximize returns for owners of capital. If we want an economy that actually works, the question can’t be “How do we make markets more efficient for the wealthy?” It has to be: “How do we build markets that help people flourish?” Website: http://pitchforkeconomics.com Facebook: Pitchfork Economics Podcast Bluesky: @pitchforkeconomics.bsky.social Instagram: @pitchforkeconomics Threads: pitchforkeconomics TikTok: @pitchfork_econ YouTube: @pitchforkeconomics LinkedIn: Pitchfork Economics Twitter: @PitchforkEcon, @NickHanauer Substack: ⁠The Pitch⁠

Transcript

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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.
0:10.6	The last five decades of trickle-down economics haven't worked.
0:14.8	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.
0:44.0	Hey, Pitchfork listeners, Goldie here.
0:47.5	This week we're putting Nick on the other side of the mic
0:50.4	by airing a conversation he and his thought partner Eric Beinhocker had with Washington
0:56.4	Monthlies Anne Kim about market humanism, the new economic paradigm we're unleashing on the world.
1:04.3	Give it a listen and hope you enjoy.
1:10.0	Want some big ideas for a better future?
1:12.6	Well, you're in the right place.
1:14.6	I'm Ann Kim, and welcome to the Washington Monthly.
1:22.3	In each episode, I'll bring you fresh ideas and fresh perspectives from experts,
1:26.7	working to tackle some of the nation's biggest challenges.
1:33.5	In this episode, a scholar and an entrepreneur have a plan for fixing capitalism.
1:38.9	We should be arguing about how to maximize human flourishing in all its dimensions rather than providing higher
1:46.1	and higher returns to owners of capital.
1:49.2	The measures like GDP count equally activities in the economy that cure cancer versus cause
	...

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