PDF The Alternative: How to Build a Just Economy

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The Alternative How to Build a Just Economy
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The Alternative How to Build a Just Economy
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Description
Winners Take All meets Nickel and Dimed in this
provocative debunking of accepted wisdom,
providing the pathway to a sustainable,
survivable economy. Confronted by the
terrifying trends of the early twenty-first
century 8211widening inequality, environmental
destruction, and the immiseration of millions of
workers around the world 8211many
economists and business leaders still preach
dogmas that lack evidence and create political
catastrophe Private markets are always more
efficient than public ones investment capital
flows efficiently to necessary projects massive
inequality is the unavoidable side effect of
economic growth people are selfish and will only
behave well with the right incentives. But
a growing number of people 8211academic
economists, business owners, policy
entrepreneurs, and ordinary people 8211are
rejecting these myths and reshaping
economies around the world to reflect ethical and
social values. Though they differ inapproach, all
share a vision of the economy as a place of moral
action and accountability. Journalist Nick Romeo
has spent years covering the world8217smost inno
vative economic and policy ideas for The New
Yorker. Romeo takes us on an extraordinary
journey through the unforgettable stories and
successes of people working to build economies
that are more equal, just, and livable.
Combining original, in-depth reporting with
expert analysis, Romeo explores The successful
business owners organizing their companies as
purpose trusts (as Patagonia recently did)
to fulfill a higher mission, such as sharing
profits with workers or protecting the
environment The growing deployment of new models
by venture capital funds to promote wealth
creation for the poorest Americans and address
climate change. How Oslo8217sclimate budgeting
program is achieving the
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emission reduction targets the rest of the world
continues to miss, creating a model that will
soon be emulated by governments around the world
How Portugal strengths democratic culture by
letting citizens make crucial budget decisions
The way worker ownership and cooperatives
foster innovation, share wealth, and improve the
quality of jobs, offering an increasingly popular
model superior to the traditional corporation The
public-sector marketplace that offers decent work
and real protections to gig workers in California
The job guarantee program in southern Austria
that offers high-quality meaningful jobs to every
citizen Many books have exposed what8217snot
working in our current system. Romeo reveals
something even more essential the structure of a
system that could actually work for everyone.
Margaret Thatcher was wrong there is an
alternative. This is what it looks like.
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The Alternative How to Build a Just Economy