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PODCAST

Pitchfork Economics with Nick Hanauer

We are living through a paradigm shift from trickle-down neoliberalism to middle-out economics — a new understanding of who gets what and why. Join zillionaire class-traitor Nick Hanauer and some of the world’s leading economic and political thinkers as they explore the latest thinking on how the economy actually works.

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All Episodes

44:39

Why Democracy Needs a New Operating System (with K....

Pitchfork Economics with Nick Hanauer ·

2025/05/06

Decades of trickle-down thinking hollowed out our government—and now the anti-democracy crowd is finishing the job. This week, legal scholar and former Biden advisor K. Sabeel Rahman joins Nick and Goldy to talk about what happens when the rule of law becomes optional, what the Biden administration got right (and what it didn’t,) and why simply restoring the old system isn’t enough. If we want a real democracy—one that can stand up to corporate power and actually deliver for people—we need to stop

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38:16

Democracy in Chains (with Nancy MacLean)

Pitchfork Economics with Nick Hanauer ·

2025/04/29

This week, we’re revisiting a critical conversation we had back in 2020 with author and historian Nancy MacLean, in which she exposes how today’s threats to democracy were decades in the making. Based on her groundbreaking book Democracy in Chains, MacLean traces how Nobel Prize-winning economist James Buchanan worked with billionaire donors to rig the rules of government to expand corporate power and protect extreme wealth. From public choice theory to voter suppression, this episode reveals the

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40:43

The Abundance Doctrine (with Mike Konczal)

Pitchfork Economics with Nick Hanauer ·

2025/04/22

What does “abundance” actually mean—and who is it really for? In this episode, Goldy and Paul welcome back economic policy expert Mike Konczal to unpack the big new idea dominating political discourse: abundance. They dive into the buzz around Ezra Klein and Derek Thompson’s book “Abundance,” and Konczal’s sharp critique of its deregulatory leanings, missed opportunities, and neoliberal undertones. From housing policy to green energy to the myth that deregulation alone can fix America’s problems,

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54:17

Why Nothing Works: Who Killed Progress—and How to...

Pitchfork Economics with Nick Hanauer ·

2025/04/15

Why does it feel like we can’t build anything anymore? In this episode, Nick and Goldy talk with author Mark Dunkelman about his new book Why Nothing Works, which examines how well-intentioned progressive reforms created a “vetocracy” that makes major public projects nearly impossible. From Seattle’s decades-long waterfront rebuild to the dysfunction of Penn Station, they explore the messy trade-offs between accountability and action—and ask what it would take to make progress possible again.Marc

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54:44

Live From DC: Turning Middle-Out Economics into Good...

Pitchfork Economics with Nick Hanauer ·

2025/04/08

Timid tweaks won’t fix a broken economy. From Nick Hanauer’s blunt critique of Democratic incrementalism to a candid conversation with Representatives Ro Khanna, Delia Ramirez, and Jim Himes on how Democrats can reclaim working-class trust by embracing economic populism and fighting for real change, this episode brings you inside the 2025 Middle Out Economics conference, where the message was clear: Go big or get out of the way.Moderator: Harold Meyerson, The American Prospect Rep. Jim Himes, 4th

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39:34

America Needs an Economic Bill of Rights (with Mark...

Pitchfork Economics with Nick Hanauer ·

2025/04/01

Trickle-downers want you to believe that in America, freedom is a narrow idea—freedom from taxes, from regulation, from government itself. But what good is that kind of freedom if you can’t afford rent, see a doctor, or feed your family?So, this week we’re revisiting one of our favorite conversations—our interview with economist Mark Paul about his book, The Ends of Freedom: Reclaiming America's Lost Promise of Economic Rights. In it, he challenges the myth of economic freedom and offers a bold

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47:06

The Middle-Out Moment Is Still Here

Pitchfork Economics with Nick Hanauer ·

2025/03/25

Twelve months ago, Democracy Journal announced we were entering the "Middle-Out Moment." A year later—after a brutal election and rising uncertainty—the question isn’t whether neoliberalism is over, but what comes next. In a new symposium titled “It’s Still the Post-Neoliberal Moment,” Democracy brings together leading voices to answer that question. In this episode, we hear directly from some of the smartest contemporary thinkers on how to dismantle corporate power, rebuild trust in government,

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39:31

Why Working-Class Voters Are Turning Away from the...

Pitchfork Economics with Nick Hanauer ·

2025/03/18

For decades, unions were more than just labor organizations—they were community anchors that shaped working-class identity and political loyalty. But what happens when an entire generation loses its economic and social foundation? The Rust Belt’s working-class voters were once a Democratic stronghold, but that’s no longer the case. Lainey Newman, co-author of Rust Belt Union Blues, joins Paul and Goldy this week to explain how the erosion of union power helped shift working-class voters away from

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36:59

Wall Street’s War on Workers (with Les Leopold)

Pitchfork Economics with Nick Hanauer ·

2025/03/11

Mass layoffs have become a routine corporate strategy—not because companies are struggling, but because Wall Street demands it. In Wall Street’s War on Workers, labor educator and author Les Leopold exposes how stock buybacks, deregulation, and financialized capitalism have made job cuts a tool for enriching CEOs and hedge funds at the expense of workers and communities. He joins Nick and Goldy this week to explain how this happened, why both political parties have failed to stop it, and what we can

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39:07

Breaking Up Big Econ (with David Deming)

Pitchfork Economics with Nick Hanauer ·

2025/03/04

A small group of elite universities holds an outsized influence over the field of economics, shaping research, policy, and the broader economic narrative. But is that concentration of power stifling innovation and reinforcing the status quo? This week, Harvard economist David Deming joins Nick and Goldy to discuss his recent Atlantic article, in which he argues that Big Econ functions like a monopoly—limiting competition, excluding diverse perspectives, and making it harder for new ideas to take

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38:16

Poverty for Profit: How Corporations Get Rich off...

Pitchfork Economics with Nick Hanauer ·

2025/02/25

The U.S. spends billions on programs designed to fight poverty, but it appears that much of that money is actually making corporations richer instead of helping people. This week, Nick and Goldy sit down with Anne Kim, author of Poverty for Profit: How Corporations Get Rich off America's Poor, to talk about the vast industry that siphons public dollars from anti-poverty programs.. From tax prep companies skimming off the Earned Income Tax Credit to private Medicaid contractors denying care to boost

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36:32

Why the Economy Feels Rigged—and How to Fix It (with...

Pitchfork Economics with Nick Hanauer ·

2025/02/18

This week, Senator Chris Murphy joins Nick and Goldy to discuss the political failure of neoliberalism and what comes next for the Democratic Party. For decades, both parties embraced free trade and deregulation, promising that economic growth would benefit everyone. But that promise went unfulfilled as wages stagnated, industries collapsed, and inequality soared. Murphy explains how these policies left millions of Americans economically adrift, why Biden’s shift toward industrial policy is a step

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34:46

The Gilded Age of White Collar Crime (with Michael...

Pitchfork Economics with Nick Hanauer ·

2025/02/11

Only a few weeks into his second term, Donald Trump and his billionaire buddies are doing their best to dismantle the federal government's regulatory agencies. So today, we're revisiting a compelling conversation we had in 2020 with journalist and podcast host Michael Hobbes about a piece he wrote in HuffPost titled "The Golden Age of White-Collar Crime." Initially reported against the backdrop of Trump’s first presidency and its alarming erosion of regulatory oversight, Hobbes breaks down the

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44:05

How America Ceased to Be the Land of Opportunity...

Pitchfork Economics with Nick Hanauer ·

2025/02/04

This week, Nick and Goldy are joined by journalist and historian Yoni Appelbaum to discuss his forthcoming book, Stuck: How the Privileged and the Propertied Broke the Engine of American Opportunity. They explore how decades of failed economic policies and zoning regulations have restricted mobility, stifled economic growth, and worsened inequality—revealing the historical roots of our current housing and economic inequality crises. Appelbaum argues that the decline in housing affordability isn't

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39:06

The Rise of the Billionaire Oligarchy (with Thom...

Pitchfork Economics with Nick Hanauer ·

2025/01/28

With billionaires pouring unprecedented sums of money into politics, corporate interests shaping policy, and the revelation that Trump has appointed a record 13 billionaires to top administration roles in the wealthiest cabinet in American history, it's clear how much sway the ultra-wealthy hold over our democracy. So, we’re re-airing our 2021 conversation with Thom Hartmann, which offers timely insights into how the ultra-wealthy consolidate power, and how concentrated wealth undermines economic

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37:54

How Mexico’s Post-Neoliberal Policies Offer a...

Pitchfork Economics with Nick Hanauer ·

2025/01/21

This week, Paul and Goldy sit down with journalist Kurt Hackbarth to discuss the recent electoral success of Mexico's Morena party and their progressive economic agenda. The conversation explores how Morena’s focus on middle-out policies, such as significant minimum wage increases and sweeping social safety net programs and reforms, has lifted millions out of poverty and challenged decades of neoliberal orthodoxy. Hackbarth also highlights the effective communication strategies employed by Morena's

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45:34

The Rise and Fall of the Neoliberal Order (with Gary...

Pitchfork Economics with Nick Hanauer ·

2025/01/14

This week, Nick and Goldy sit down with historian Gary Gerstle, author of The Rise and Fall of the Neoliberal Order, for an in-depth exploration of neoliberalism—its origins, dominance, and decline. Their conversation examines the shifting political landscape shaped by recent presidential administrations, including the Biden administration’s efforts to promote a more equitable “middle-out” economic framework. With a focus on historical context and the enduring power of neoliberal institutions, this

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38:41

Revisiting Trickle-Down's Stubborn Refusal to Die...

Pitchfork Economics with Nick Hanauer ·

2025/01/07

With a second Trump administration on the horizon, we’re bracing for a return to the same failed trickle-down policies that have dominated our politics for 50 years—policies that enrich the wealthy few at the top while leaving everyone else behind. That’s why we’re resharing our 2022 conversation with Mark Blyth, a political economist who explains why trickle-down economics refuses to die and how it continues to shape our world. In this episode, Mark exposes the myths behind these harmful ideas and

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39:30

How AI Could Help Rebuild The Middle Class (with...

Pitchfork Economics with Nick Hanauer ·

2024/12/31

This week, Nick and Goldy discuss the future of AI and its potential impact on labor markets and society with MIT professor and economist David Autor. While many pundits predict that AI will bring economic misery to working Americans, Autor optimistically argues that AI could empower the middle class by augmenting human expertise, unlocking new solutions to complex problems, and enabling individuals with fewer formal skills to excel in areas requiring advanced knowledge. Professor Autor also

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44:48

Is America’s Healthcare System Having Its Own...

Pitchfork Economics with Nick Hanauer ·

2024/12/24

This week, Dr. Abdul El-Sayed joins Nick and Goldy to discuss how the recent assassination of United Healthcare CEO Brian Thompson has thrown a harsh spotlight on the public's visceral anger toward our exploitative healthcare system. Dr. El-Sayed outlines the stark contrasts between the profit-driven U.S. healthcare system and those of other developed nations, arguing that we need a public option to alleviate the burdens of skyrocketing costs and access issues. Goldy also explains how the warnings

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