The rising inequality and growing political instability that we see today are the direct result of decades of bad economic theory.

It's time to build our economy from the bottom up and from the middle out, not the top down.

Middle out economics is the answer.

Because Wall Street didn't build this country.

Great middle class built this country.

The more the middle class thrives, the better the economy from the middle out.

Welcome to the show.

Goldie a month or so ago,

Goldie a month or so ago, think my colleague Eric Bynacher at Oxford told me we absolutely had to talk to Colin Meyer who had just finished writing this book called Capitalism and Crisis.

He thought it was a fantastic book and very much aligned with how we think about the

problem and in fact very much aligned with the book that Eric and I are writing.

So Colin is the Peter Moore's professor of management studies at Oxford

and is one of the sort of leading experts in Europe on this kind of stuff.

And you know, the book is basically an analysis of the role that capitalism plays in generating broad crises in societies.

You know, inequality, environmental catastrophes, financial instability, all the things, all the things.

It seems to be a theme recently on our podcast.

It's very weird for a podcast called Pitch Fork Economics

to be talking about crisis so much. Yeah, exactly.

But anyway, you know, I mean, here's the good news is that everybody is converging on a very similar answer.

But anyway, I've never met Colin before, but I'm sure he's a really interesting guy so why

why don't we chat with him?

My name is Colin Mayer. I'm a professor of management studies at the University of Oxford.

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