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The Alternative

Original price was: $19.99.Current price is: $14.99.

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***Winners Take All* meets *Nickel and Dimed* in this provocative debunking of accepted wisdom, providing the pathway to a sustainable, survivable economy. ** Confronted by the terrifying trends of the early twenty-first century – widening inequality, environmental destruction, and the immiseration of millions of workers around the world – many economists and business leaders still preach dogmas that lack evidence and create political catastrophe: Private markets are always more efficient than public ones; investment capital flows efficiently to necessary projects; massive inequality is the unavoidable side effect of economic growth; people are selfish and will only behave well with the right incentives. But a growing number of people – academic economists, business owners, policy entrepreneurs, and ordinary people – are rejecting these myths and reshaping economies around the world to reflect ethical and social values. Though they differ in approach, all share a vision of the economy as a place of moral action and accountability. Journalist Nick Romeo has spent years covering the world’s most innovative economic and policy ideas for *The New Yorker*. Romeo takes us on an extraordinary journey through the unforgettable stories and successes of people working to build economies that are more equal, just, and livable. Combining original, in-depth reporting with expert analysis, Romeo explores: * The successful business owners organizing their companies as purpose trusts (as Patagonia recently did) to fulfill a higher mission, such as sharing profits with workers or protecting the environment * The growing deployment of new models by venture capital funds to promote wealth creation for the poorest Americans and address climate change. * How Oslo’s climate budgeting program is achieving the emission reduction targets the rest of the world continues to miss, creating a model that will soon be emulated by governments around the world * How Portugal strengths democratic culture by letting citizens make crucial budget decisions * The way worker ownership and cooperatives foster innovation, share wealth, and improve the quality of jobs, offering an increasingly popular model superior to the traditional corporation * The public-sector marketplace that offers decent work and real protections to gig workers in California * The job guarantee program in southern Austria that offers high-quality meaningful jobs to every citizen Many books have exposed what’s not working in our current system. Romeo reveals something even more essential: the structure of a system that could actually work for everyone. Margaret Thatcher was wrong: there is an alternative. This is what it looks like.