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Income. but distributions of property and opportunity and distributions of access to work. so in my mind, to avoid heathers dystopian future, we need to start talking about things like the scale of enterprise and think about how we can start shrinking that scale of enterprise because its highly efficient to have small network enterprises rather than the giant googles and microsofts and so forth which lead us to those distopian outcomes in terms of access to income and wealth and creative work wh...

Maybe you like to work in your bath robe, maybe you dont. you would think thats the natural way that an economy would work. instetd, instead, economies have built these large corporations which were command and control and we have a lot to explain about that. and i think the insecurity was -- >> a lot of that was probably insecurity. its easier for people to contract out, easier for people to connect through online and things like that and thats pushing people towards the direction of working as...

Talking this morning about the next economy. what the economy should and will look like after the great recession after we go back to full employment, if and whenever that ever happens. and how that affects workers. karl, the question on the table is can we have a prosperous economy and also in this increasingly flexible freelance situation? >> people like the security of an employment relationship and as workers have had less and less bargaining power in the market theyve lost wage growth and e...

Need to be thinking about what are the nonmarket institutions that replace it because labor markets dont function like other markets and if they do they end up screwing a lot of people and we have to think about what kind of collective enterprises, be if they are not a big firm, what are the big enterprises? what nonmarket activity can secure relative equity? saket soni, thank you for joining us. >> thanks, chris. the economy is growing again. that is a good thing. karl smith wants to talk abo...

Is that we had this strange historical contingency arrive, particularly from world war ii and in the 80s has been unraveling ever since, the provision of the things that in other industrialized democracies, the model in which you have a union bargaining with a big capitalist firm and you come to this internal social contract for the employees. right? we work for you and get things like health care and retirement and security and other things. now this relationship of employment is coming tomorro...

And other things, its causing a bad scene for workers in general. but these developments arent necessarily making it worse. they are just going along with the badness there. like, for example -- >> i dont know about that. there are 64,000 workers in georgia who are going into christmas just having been kicked out of earned unemployment benefits. why? because they are working in schools. they are the people who clean the schools, drive the buses, serve food to the kids, and they have been told ov...

How we should be thinking about it. were going to bring in a scholar who i admire right after this. new prilosec otc wildberry is the same frequent heartburn treatment as prilosec otc. now with a fancy coating that gives you a burst of wildberry flavor. now why make a flavored heartburn pill? because this is america. and we dont just make things you want, we make things you didnt even know you wanted. like a spoon fork. spray cheese. and jeans made out of sweatpants. so grab yourself some new pr...

Research for a show we did a few weeks ago about energy and i was looking at the oil plain in north dakota. one of the things that is interesting there is that this kind of stealing is totally endemic. it all gets out, right? everyone eventually learns and that probably produces a net positive surplus because of the shared information even though its shared ostensibly in violation of the secrets. >> the response to geithner is welcome to the world of economic history. what hes complaining about,...

>> caller: an economy, can capitalism grow infin nightly? more immediately we have this subset of that question which is can we keep burning fossil fuels and the answer is no. >> and theres a nonenvironmental aspect to this. >> yeah. there are a lot of things that are wrong with gross domestic product. bobby kennedy talked about it in 1968 in which i keep going back and finding these kennedy quotes. it says, if we judge the united states of america by that, it counts air pollution and cigarette ...

And equitably distributed profitable? joining us to answer those questions is christian pa are renti, contributing editor to "the nation" and chrystia freeland, author of "plutocrat." >> partly because women arent having so many kids anymore. i mean, pretty soon were going to be talking about, you know, demographic winter. >> were talking about that now. >> and one of the things that was assumed, when youre thinking about growth in the future, is assuming what will