Coming of Age in American Poverty (with Nikhil Goyal)

Pitchfork Economics with Nick Hanauer

Civic Ventures

Business, Government, News, Politics

4.8 • 1.5K Ratings

🗓️ 1 October 2024

⏱️ 39 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

This week, Nick and Goldy welcome sociologist Nikhil Goyal to discuss his new book, Live to See the Day: Coming of Age in American Poverty, which highlights the deep-rooted effects of generational poverty in America by focusing on the experiences of three young people in Kensington, Philadelphia. Their stories illustrate how systemic inequality and poor economic policies perpetuate a cycle of despair and intergenerational poverty. Goyal explains the limitations of traditional anti-poverty solutions like promoting higher educational attainment. Instead, he spotlights the need for direct cash transfers, robust public goods, and a public option for programs like healthcare, affordable housing, or even publicly owned grocery stores that directly address the causes of poverty. Nikhil Goyal is a sociologist and former senior policy advisor on education and children for Senator Bernie Sanders on the Senate Committee on Health, Education, Labor, and Pensions and Committee on the Budget. He also developed a tuition-free college program for incarcerated people and correctional workers in Vermont. He is the author of the book LIVE TO SEE THE DAY: Coming of Age in American Poverty. Twitter: @drgoyalnikhil Further reading: LIVE TO SEE THE DAY: Coming of Age in American Poverty Website: http://pitchforkeconomics.com Twitter: @PitchforkEcon, @NickHanauer, @civicaction Instagram: @pitchforkeconomics Threads: pitchforkeconomics YouTube: @pitchforkeconomics Substack: The Pitch

Transcript

Click on a timestamp to play from that location

0:00.0	The rising inequality and growing political instability that we see today are the direct result of decades of bad economic theory.
0:10.0	It's time to build our economy from the bottom up and from the middle out, not the top down.
0:15.0	Middle out economics is the answer.
0:18.0	Because Wall Street didn't build this country.
0:20.0	Great middle class built this country.
0:22.0	The more the middle class thrives, the better the economy from the middle out.
0:42.0	Welcome to the show. build the economy from the middle out.
0:43.6	Welcome to the show.
1:02.0	We talk a lot on the podcast Nick about bad economic theory on this episode. We're going to talk about bad economic consequences. It's a little bit different from what we normally do because in a way
1:05.9	this is a weirdly optimistic podcast because if you're talking about changing something as
1:12.4	deep and fundamental as the way we think and talk about the economy.
1:16.3	You must believe that that's possible.
1:18.6	But we tend to, well we're obviously aware and we talk about it tangentially we tend to not spend
1:26.8	too much time on the real life conditions on the ground.
1:32.8	And this episode is a little different.
1:34.8	Yeah, yeah, we're going to talk to Nicole Goyal, who's a sociologist and author who's
1:40.3	work sheds light on some of these economic forces shaping generational poverty in
1:45.4	America and he has a new book out called Live to See the Day coming of age in American poverty which is it actually follows the story of
1:58.2	some poor kids growing up in a place I think you've heard of called Philadelphia.
2:03.6	Yeah I grew up in Philly.
2:05.2	He describes it as the poorest neighborhood in the poorest big city in the country.
2:10.7	And we'll get into my connection there.
	...

Transcript will be available on the free plan in -180 days. Upgrade to see the full transcript now.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Civic Ventures, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Civic Ventures and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.