4.8 • 1.5K Ratings
🗓️ 15 October 2024
⏱️ 34 minutes
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0:00.0 | Hey Pitchfork listeners, we occasionally villainize private equity on this podcast, |
0:06.0 | which I know may seem weird considering we're billionaire funded ourselves, |
0:10.4 | but you know, the real world is the real world and private equity has played a big |
0:16.3 | role in driving up the costs of housing, health care, pharmaceuticals, and other core products. |
0:24.6 | So we thought we would, and so we thought this might be a good time |
0:28.8 | to revisit a conversation we had in 2023 |
0:32.3 | with Brendan Ballou about private equities plan to |
0:36.4 | pillage America. We hope it enrages you as much as it enrages us. |
0:41.4 | The rising inequality and growing as much as it enrages us. |
0:43.1 | The rising inequality and growing political instability |
0:46.3 | that we see today are the direct result of decades |
0:50.3 | of bad economic theory. |
0:51.8 | It's time to build our economy from the bottom up and from the |
0:54.3 | middle out, not the top down. Middle out economics is the answer. Because Wall Street |
1:00.4 | didn't build this country. Great middle class built this country. |
1:04.2 | The more the middle class thrives, |
1:06.3 | the better the economy is for everyone, |
1:09.5 | even rich people like me. This is Pitch Fork Economics with Nick Hanauer, a podcast about how to build the economy |
1:22.4 | from the middle out. |
1:24.0 | Welcome to the show. I'm Nick Hanauer, founder of Civic Ventures. |
1:35.0 | I'm David Goldstein, Senior Fellow at Civic Ventures. |
1:40.0 | Goldie today on the podcast we get to talk about a subject that's really near and |
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