On the Next System Podcast, Darrick Hamilton discusses his work as a “stratification economist” on the racial wealth gap in the US and why we need a federal job guarantee.
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We talked with Dr. Joseph Blasi, preeminent expert on employee ownership, about the potential role of employee ownership and profit-sharing play in the next system.
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How can a doughnut help us understand what outdated economic narratives leave out, and help us build the economics we need for the 21st century?
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Communities and nations with higher income and wealth inequality have worse health outcomes than those with greater economic equality. Thus, working to reverse the widening gap between the rich and the poor should be considered as part of a strategy for achieving and maintaining a healthier society.
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Prioritizing health and well-being means prioritizing jobs, education and housing. It means meeting people’s daily needs and helping communities to flourish.
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While breaking from neoliberalism the way that the Correa government did may have required the state to reassert its authority over the economy, the question remains: what might have happened had the administration worked effectively with social movements to forward its goals?
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