A common sense economic agenda
Above all, it’s about truly shaping the future. Whatever the outcome of the current administration, many people expect the Democratic Party to strike a determined counter-attack, polarizing the debate on the safety net even more. Instead of looking back at the past with nostalgia, the opportunity that we must all seize together is to imagine a Grea
... See moreNicolas Colin • Hedge: A Greater Safety Net for the Entrepreneurial Age
Everyone—the US, the UK, continental Europe—needs a Great Safety Net 2.0 tailored for the new working class. This is what it is all about: creating many jobs in proximity services while improving the condition of workers in the related sectors and making the services they perform more affordable.
Nicolas Colin • Hedge: A Greater Safety Net for the Entrepreneurial Age
what we need to do is rethink this sense of unfettered capitalism in an age of globalization and say, no, we still have to value community, we still have to value place, and we need to have a capitalist system that allows for enough state intervention, that helps places survive and thrive.
ro khanna • Ro Khanna makes the case for digital public space
Keely Adler added
“Men are not free,” he wrote, “if dependent industrially on the arbitrary will of another.” Economic security was a foundation on which one could really be free in a meaningful sense—hence the importance of steady but not oppressive work, of education, time and space for leisure, parks, libraries, and other institutions.
Tim Wu • The Curse of Bigness: Antitrust in the New Gilded Age
Economists are the ultimate permissive parents who believe in just letting the kids (markets) run free and see what happens.
Children need boundaries, or they grow up to be assholes.
Economies need boundaries, or they grow up to be assholes.
We aren’t talking Soviet Style planned economies here. We are talking guardrails, so we don’t take a corner at
... See moreMatt Orsagh from Degrowth is the Answer • Economics Needs a Rethink
simon added
Key takeaways ● The Great Safety Net 1.0 used to be built for and around the corporate world. But now our economy revolves around the networked individual: this is a Copernican revolution. ● With individuals harnessing the power of networks, it’s time to reinvent trade unions. As workers convert to the hunting way of life, bargaining becomes less a
... See moreNicolas Colin • Hedge: A Greater Safety Net for the Entrepreneurial Age
The central question of this book is this: Where do prosperity and economic security come from? I believe they don’t come from a single magic-bullet mechanism like wage subsidies, a robot tax, tougher antitrust measures, a higher minimum wage, or universal basic income. Rather they can only emerge from a complex macro mechanism that goes way beyond
... See moreNicolas Colin • Hedge: A Greater Safety Net for the Entrepreneurial Age
An open world is a more prosperous world, but it is also a world in which both individuals and businesses must be better protected against critical risks. In the thalassocratic paradigm, instead of folding in on themselves, countries must continue to defend free trade but with its complement: a Great Safety Net 2.0 that is in sync with today’s econ
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