Kamala Harris and the New Democratic Economic Paradigm

Pitchfork Economics with Nick Hanauer

Civic Ventures

Business, Government, News, Politics

4.8 • 1.5K Ratings

🗓️ 3 September 2024

⏱️ 38 minutes

🔗️ Recording | iTunes | RSS

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Summary

In the wake of the Democratic National Convention, Nick and Goldy take a close look at how middle-out economics has become the new center of the Democratic Party's economic policies, championing a new era of economic thinking that puts workers, families and taking on corporate power at the center, and breaking away from decades of top-down, trickle-down approaches. With echoes of President Joe Biden’s—and now former President Bill Clinton’s—call to build the economy from the bottom up and the middle out, Vice President Harris is seizing the middle-out mantle by declaring that building the middle class will be a defining goal of her presidency because in her words, “When our middle class is strong, America is strong.” Join us as we discuss how invigorating it was to see the Democratic Party coalescing around the idea that their economic policies should benefit the vast majority of working people in order to grow the economy. Further reading: The New Kamala - The American Prospect Kamala Harris and the New Democratic Economic Paradigm - The New Yorker Say It to My Face -The American Prospect Website: http://pitchforkeconomics.com Twitter: @PitchforkEcon, @NickHanauer, @civicaction Instagram: @pitchforkeconomics Threads: pitchforkeconomics YouTube: @pitchforkeconomics Substack: The Pitch

Transcript

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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.
0:59.0	Nick, so you and I experienced the Democratic National Convention in the way that people might expect the two of us would, me watching it on TV, and you actually being there what in a VIP box? Yes correct. Yeah.
1:07.0	One of the sweets that they give you if you give a lot of money away. Yeah so I've
1:11.6	been to a convention before and I didn't have to give a lot of money away. Yeah, so I've been to a convention before and I didn't have to give a lot of money a way to do it.
1:16.3	I was there in 2008 and I actually found that the experience of being at a convention was like a little disappointing because you didn't experience
1:25.0	it the way most Americans did which was watching it on TV so it was hard for me to get
1:30.8	a take but I'm curious you being there in person with all that
1:35.7	excitement what's your takeaway and especially on our main issues first let me start by giving a shout out to our colleague Freddie Doss,
1:46.8	who was also there.
1:48.3	Right, as a delegate.
1:49.7	As a delegate.
1:50.4	Yeah, he had to work to get there.
1:52.3	Yeah, he had to work to get there. Yeah, he'd actually make contribution.
1:54.0	Yeah, exactly.
1:56.0	I didn't get to see Freddie sadly.
	...

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