<description>Brink Lindsey discusses the gap between mass prosperity and mass flourishing, capitalism’s crisis of inclusion, and the implications of falling fertility.</description>

The Reason Interview With Nick Gillespie

The Reason Interview With Nick Gillespie

How Capitalism Lost the Working Class

APR 1, 202667 MIN
The Reason Interview With Nick Gillespie

How Capitalism Lost the Working Class

APR 1, 202667 MIN

Description

Today's guest is the Niskanen Center's Brink Lindsey, whose connection to Reason magazine goes back decades and who for years worked at the Cato Institute. His new book is called The Permanent Problem: The Uncertain Transition from Mass Plenty to Mass Flourishing, and it raises important questions about life in the 21st century. Thanks to capitalism, he argues, we've essentially conquered poverty, but are progress and growth slowing down? People in advanced economies are increasingly pessimistic about the future, populism is on the rise, and many social indicators are trending in a negative direction. Nick Gillespie talks with him about how to restore economic and cultural dynamism, his intellectual journey, and what a brighter future might look like.   0:00—Introduction 0:56—Mass abundance and prosperity 6:20—The effects of globalization 12:05—Mass affluence and pessimism 15:01—Slowing rates of innovation 24:10—Capitalism and its cultural contradictions 31:06—Fears of conformism and elites 39:42—Declining fertility rates 48:52—Religion and community 59:08—Does Lindsey consider himself a libertarian?   Reason is hiring! Check out the two open roles on the video team now:https://reason.org/jobs/associate-producer/https://reason.org/jobs/producer/ The post How Capitalism Lost the Working Class appeared first on Reason.com.