Mainstream economics has largely neglected to integrate ecological systems into its models. But the two disciplines don't have to be diametrically opposed.
The "father of modern economics" saw a role for a well-run government that used taxes and regulations to keep the market operating smoothly.
In the 1920s, politicians saw workers’ time off as a way to mold society, encouraging workers to engage in politics and patriotism during their time off.
Nestlé promoted formula in the developing world, even though they knew bottle-feeding with limited sanitation and refrigeration could be dangerous.
In the 19th century, blackberry picking was both hobby and money-making endeavor for many Americans. Increased regulation of land use changed all that.
Full employment was a prominent goal in U.S. politics after World War II, but has faded from policy debates in recent decades.
Tulip bulbs. Housing. Bitcoin? In every bubble, the value of something is based more on peoples' esteem of it, rather than intrinsic worth.
In Japan, elderly people are committing crimes just so they can go to jail and feel cared for. A similar situation has played out in India, where the elderly have been left out of traditional social support networks.
The great turn towards privatization is usually thought to have begun in the 1970s, with Chile's dictatorial regime, but its roots go back further than this.
Reich talks justice for Wall Street malfeasance, the importance of faith-based communities, the threat of demagoguery, and finding hope in today's youth.