Member-only story
Podcasting “Ideas Lying Around”
A theory of change based on shovel-ready ideas.
This week on my podcast, I read my recent Medium column, “Ideas Lying Around: Milton Friedman was a monster, but he wasn’t wrong about this,” which I describe a theory of change for unrigging markets, addressing the climate emergency, building worker power and fixing the imbalance between news publishers and Big Tech:
https://doctorow.medium.com/ideas-lying-around-33a28901a7ae
What is this amazing theory of change, that can do so much to right the world’s wrongs? Fittingly, it’s the same theory of change that got us into this mess. It’s Milton Friedman’s theory of change.
Friedman was the archduke of neoliberal economics, the man who led the counter-reformation that destroyed the gains of the New Deal and the Great Society, restored corporate monopolies to primacy over democratically accountable government, gutted labor power, and put the world in the hands of mediocre, narcissistic billionaires who are determined to set it on fire.
We live in Friedman’s world, but it wasn’t always thus. When Friedman set out to restore America’s deposed oligarchs to their Gilded Age thrones, his ideas were incredibly unpopular. The post-war reforms — trustbusting, unions, environmental and labor protections, Social Security…