Inde

Abbott, Andrew, 303

Abrams, Stacey, 328

Accelerated Study in Associate Pro­grams (ASAP), CUNY, 85-86

Access to Knowledge movement, 44

Access to Medicines movement, 44

Acemoglu, Daron, 31

actual polities (APs), 103-8, 110-11 Advanced Research Projects Agency­

Energy (ARPA-E), 17, 72-75, 80, 81

Aetna, 198

Affordable Care Act (Obamacare), 126,

327

Agazzari, Filippo degli, 190

agency cost theories, 219-20

agency theory, 29, 214-18

agrowth position, 18, 142-43, 157, 159n9, 164n58

Airbnb, 265, 266, 268, 271

Airbus, 247, 249-50

Alinsky, Saul, 297-98

Alito, Samuel, 221

Allen, Danielle, 22, 52, 225, 318, 331

Amazon, 42, 86-87, 270

Amazon Mechanical Turk, 280, 282n3

American Airlines, 250, 251

American Enterprise Institute, 41

Anderson, Elizabeth, 218-19, 324 antitrust Democrats, 342

Apostles (learned society), 149 apparel industry.

APs. See actual polities

Arendt, Hannah, 111

Aristotle, 17, 19, 118, 131, 210, 213, 221-24, 368, 372

ARPA-E. See Advanced Research Proj­ects Agency-Energy

Austin, Benjamin, 63

Austwick, Dawn, 308

Autor, David, 63, 65, 66

bail, 170-71, 181, 183-84

Balleisen, Ed, 189, 201

Banking Act (1935), 358n14

Bank of Canada, 349

Bank of England, 210, 212

Barclays Bank, 189

Barking and Dagenham, England, 307

Barnard, Chester, 19, 226-27

Barry, Jordan, 242

Bartik, Timothy, 87 basic needs and capabilities, decommodification of, 51-52

Bazerman, Max, 249

Bell, Vanessa and Clive, 150

Bellotti, Victoria, 274

Benkler, Yochai, 16, 296

Bentham, Jeremy, 214, 345, 375

Berg, Maxine, 33, 47, 48

Berkshire Hathaway Holdings, 205-6

Bertolini, Mark, 198

Big Lottery Fund, 307-8

Blodget, Samuel, 192

Bloomsbury group, 149-50, 162n39 Blyth, Mark, 12

Boeing 737 Max, 238, 246-51, 255 Bolsonaro, Jair, 121

Bond, Becky, 296-98, 301, 305 Bono, 206

Bower, Joseph, 221 Bowles, Sam, 6 Brandeis, Louis, 317, 324 Brexit, 1, 66-67 Britton, Tessy, 307 Brookhart, Smith, 360n40 Brooks, David, 308 Brown, Wendy, 125 Brown v.

Buffett, Warren, 205-6 bureaucratic decay, 54 Burwell v. Hobby Lobby Stores, Inc., 221 Bush, George H. W., 50, 321, 328 Bush, George W., 50, 345 Business Roundtable, 195, 212, 230, 320

Cadbury, George and Richard, 193-94 Cameron, David, 308 campaign contributions, 239 Canada: central bank in, 348, 349; im­

migration rate in, 390n24; refugee sponsorship model in, 384, 386 capabilities approach, 127-30, 159n9 capitalism: critiques of, 99-101, 172-73,

293-94, 299-300,∙democratization of, 114, 252-54; immigration in rela­tion to, 375-77; as multilevel system, 2; prison system and, 172-74, 179; strengths of, 112; values of, 211. See also neoliberalism

capital platforms, 266, 267

Care.com, 267 Carlin, Wendy, 6 Carney, Mark, 210-11 caste system, 387-88 Cato Institute, 41 central banks, 212, 341-44, 346, 348-56,

359n21, 362n64. See also Federal Re­serve System

Chamber of Commerce, 189, 320 Chandler, Michael, 135 Cheney, George, 281 child labor, 200

China, and trade, 65-67, 110, 190 Choudhary, Rashmi, 134

Cisco, 42

Citizens United, 239 City University of New York (CUNY),

85-86

Civil Rights Act (1964), 320, 326, 327, 331, 333, 334

civil society organizations, 385-86

CL. See Crowd Law class, in sharing economy, 272-73 Clean Slate Project, 52-53 Climate Action 100+, 202-3 climate change, 105, 187, 202-3, 355-57 Clinton, Bill, 321, 328 Clinton, Hillary, 296 cliometrics, 31

Coase, Richard, 214 C∞ure, Benoit, 356 Cohen, Joshua, 252-54 Cohen, Julie, 42

Cohen, Morris, 33

Colantone, Italo, 66-67 collaboration. See cooperation, collabo­

ration, and reciprocity collective bargaining, 63-64 Combahee River Collective, 46 commons, 43 community colleges, 17, 84-86 Condorcet, Marquis de, 111 conflicts of interest, 249 connected societies, 368, 370-71, 387 Consumer Financial Protection Bureau

(CFPB), 323-24, 334 Consumer Goods Forum, 200, 203 continuous improvement, 84 cooperation, collaboration, and reci­

procity: among corporations, 226-27; corporate benefits achieved through, 98, 227, 233-34; corporate political involvement and, 237-38, 255-56; cultural factors in, 376; ethical-

ity of, 19; fragility of, 201; for good jobs economy, 80-88; in political economy reform, 53, 116; practical­ity of, 19; principle of reciprocity, 222-24,∙purpose-driven firms and, 189, 198, 200-203; in regulatory environments, 70-71, 73-74, 77, 79; in sharing economy, 267-68; as values, 19-20, 201.

See also corporations: political en­gagement of corporate purpose: alternative forms of,

218-21, 227-29, 235, 240-44; defined, 236n2; ethical reciprocity as, 19-20, 210, 213; in post-Covid world, 210-11, 229; shareholder value maximization as, 19, 187, 195, 210-21, 227-29, 240-42; transformations in, 229-35. See also purpose-driven firms corporate social responsibility (CSR),

257n10 corporations: advisory role of, in politics, 238, 245-50, 254-55; anti­labor actions of, 38-40, 48-49; atrocities and malfeasance of, 189; conceptions of, 214-15; and delib­erative democracy, 244-46, 252-55; democratization of, 252-54; First Amendment appeals by, 327; football teams compared to, 241-42; legisla­tive and regulatory policies shaped by, 42-43, 239-40, 242-43, 247-50, 259n32, 260n53; nonmarket strategies of, 237-40; political engagement of, 42-43, 237-56; prosocial goals of, 19, 188-89; structure of, 238, 250. See also corporate purpose; purpose-driven firms

corruption, 175 cosmopolitanism, 368, 370-71, 375, 377­

80. See also polypolitanism Cottam, Hilary, 308 Cotton, John, 191 Couchsurfing, 266 Covid-19. See coronavirus crisis Craigslist, 265-66 creditworthiness, 354, 363n71 Crowd Law (CL), 97, 114 crowdsourced reputational data, 265, 266, 269

CUNY. See City University of New York

dairy regulation, 76-80

DARPA. See Defense Advanced Re­search Projects Agency

Data Dignity (DD), 97

Datini, Francesco, 190-91 Davis, Angela, 18, 33, 46, 167-68, 170-77,

179-80

Defense Advanced Research Projects Agency (DARPA), 17, 72-73

De Klerk, F. W., 204

Delaware, corporate statute of, 221 democracy: corporations and, 244-46, 252-55; crisis of, 1, 308-9; critiques of, 103-7; Crowd Law and, 97; dif­ference without domination in, 369; and economic system change, 294-309; exclusionary potential of, 107; and the Federal Reserve System, 340-41, 344-45, 348-55; Federal Reserve System in relation to, 21-22, 340-41, 344-45; foreign policy of, 388n1; fundamental principle of, 349, 350; ideal scenario for, 103; markets in relation to, 17; nationhood in rela­tion to, 11; necessary for justice, 367; platform cooperatives and, 277; popu­lism in relation to, 106; progressive, 107-8, 114; reform of, 54; regularity democracy (continued )

as principle of, 351; sharing economy and, 264-65; structural justice in relation to, 314-15; sustainability of, 11, 350-52; threats to, 67, 317, 321, 340.

296- 97; practical aspect of, 296, 306­7; sudden vs. gradual approaches to,

297-99

Denmark, 36, 203, 255 Desan, Christine, 358n10 Destutt de Tracy, Comte, 192 Diener, Ed, 133 difference principle, 152-56, 163n53, 368,

389n4 difference without domination: in democracy, 369; difference principle in relation to, 389n4; in political economy, 7-8, 368-69, 371-72, 382­88, 389n4; political membership and, 371-72, 382-88; well-being and flourishing and, 318 dirigisme, 27 distributive justice, 50, 370, 378-80, 388 distributive paradigm, 125-28 Dodd-Frank Act (2010), 359n17, 361n44 domination: difference in relation to,

7-8; dyadic, 316; economic, 369, 372, 378; inequalities resulting from, 315-22; monopoly as means of, 7; political, 317, 367-69; property in re­lation to, 9; resistance to, 8; sponsor­ship programs and, 381-82; status­subordination as, 46-51; structures of, 7, 124-30; systemic, 317. See also difference without domination; non-domination

Dorn, David, 65 Downey, Leah, 21-22, 30, 334 drugs, 105-6 Drutman, Lee, 239 dual agency, 226 Du Bois, W. E. B., 33, 46 Duda, Andrzej, 121

Eaglin, Christopher, 20, 30, 332 Easterlin, Richard, 133 eBay, 265-66

Eccles, Mariner, 358n14 economic growth: alternative goals/

criteria to, 130-32, 141-58; defined, 142; as goal/criterion of political economy, 5, 15, 17-18, 130-32, 135, 140 economic security, 9-10, 28, 65-67 economy: conceptions of, 123; criteria for evaluating, 5, 18; democratic change of system of, 294-309; exploi­tation and empowerment in, 369-74, 378, 381-82; immigration and, 369­72, 375-78; non-domination as foun­dation of, 4-5; political member­ship's structuring of, 374-79; power in relation to, 33-34, 44; as sociopo­litical construction, 131; transforma­tion of, 21.

Eddy, Samantha, 20, 29-30, 32, 44, 53 Edmans, Alex, 197-98 egalitarian pluralism, 10 Einstein, Albert, 96

Electronic Frontier Foundation, 43 electronic monitoring, 170-71 elite groupthink, 54 employees: compensation of, 174;

decision-making roles given to, 199, 228, 235, 250-52; incentives for, 196; ownership proposals for, 53, 252; and platform cooperatives, 20; precarity of, as result of coronavirus crisis, 235; of prisons, 175-77, 183; of purpose- driven firms, 188, 193, 196-99, 202, 204-5; in reciprocity-based contexts, 219, 223, 228. See also labor; wages employment: gig economy and, 269; wages in relation to, 64; workforce development, 83-88. See also labor; wages

Environmental Protection Agency (EPA), 333, 334

environmental regulation, 72, 75-80 EPIC, 43

equality. See egalitarian pluralism; inequalities; political equality

Erdogen, Recep, 121

ESG (environmental, social, and gover­nance) concerns, 205, 212, 229-33

Esmee Fairbairn Foundation, 308 Estonia, 107

ethical reciprocity: as alternative cor­porate purpose, 19, 210, 213, 233-35; benefits of, 213; challenges facing, 20, 210, 214; defined, 19, 210; and organi­zational efficiency, 226-27; reciproc­ity principle underlying, 222-24; sacrifice as component of, 225-26; self-interest compared to, 224-25; shared value creation compared to, 236n4; shareholder value maximi­zation compared to, 227-29; and stakeholder interests, 213

Etsy, 276, 280 eudaemonia. See well-being and flourishing

European Union, 376 everyday life, 299-309

Every One, Every Day, 307 Exley, Zack, 296-98, 301, 305

FAA. See Federal Aviation Administration

Facebook, 32, 42, 110, 189, 270, 309 Fair Fight Action v. Crittenden, 328 Fairmondo, 278

Fama, Eugene, 224

Fannie Mae, 363n73

Favor, 265

Federal Aviation Administration (FAA), 247-49, 254-55

federalism, 343 Federalist Papers, 111

Federal Open Market Committee (FOMC), 344, 353-55, 358n14

Federal Reserve Act (1913), 341-42, 346, 348

Federal Reserve System, 340-57; agricultural advocacy and, 358n10, 360n40, 363n72; Board of Governors, 344, 358n14; Chair's reports, 348-49; contemporary questions about, 344­45; democracy and, 340-41, 344-45, 348-55; establishment of, 341-45; powers delegated to, 21, 340; precur­sor of, 357n5; rechartering of, 21-22, 345-55, 357, 362n61; regional banks in, 22, 343-44, 353-55, 358n14, 358n15; structure of, 343-44, 352-55, 358n14, 359n17

Fed-Treasury Accord (1951), 358n14 Fidelity International, 212, 232-33 Fields, Barbara, 33, 46, 47 Fifteenth Amendment, 325

Fight for the Future, 43 Findley, William, 193 Fink, Larry, 188-89, 230 firms.

First Amendment, 326-27

First Bank of the United States, 346 Fisch, Jill, 232

Fitoussi, John Paul, 130 Flint, Michigan, water crisis, 313, 330 flourishing. See well-being and flourishing

Folbre, Nancy, 33, 46, 47

FOMC. See Federal Open Market Committee

football, 241-42

Foundation for Economic Freedom, 41 Fourteenth Amendment, 325-27 Foxconn, 86-87

Fox News, 50

Fraiberger, Samuel, 272

France, 36, 212 Franklin, Cary, 328

Fraser, Nancy, 33, 46, 47, 125

Freddie Mac, 363n73

Freecycle, 266 freedom, conceptions of, 9. See also negative liberties; positive liberties freedom of movement, human right to, 371

Freegle, 266

Freeman, Edward, 218

Freeman, Samuel, 151, 154, 163n53

Free Press, 43 free-riding problems, 19, 31, 100, 105, 202 free software movement, 43

Freud, Sigmund, 148

Frey, Bruno, 135

Friedman, Milton, 40, 41, 99, 194, 218, 243-45

Fry, Roger, 162n39

Gao, Cheng, 243, 249 Gartenberg, Claudine, 197

GDP. See economic growth

General Motors, 197

George, Henry, 107, 111

George Mason University, 41 Georgia land lottery, 372-73 Germany, 203, 255

Getty Images, 278-79 gig economy, 267, 282n3 Glaeser, Edward, 63

Glass, Carter, 343, 347, 350, 358n14, 360n33

good jobs economy, 16-17; components of, 62-63; consequences of absence of, 65-67; defined, 62; outlook for, 88-89; proposed policies for, 80-88; social externality of, 67-68

Goodwin, Crauford, 162n39

Google, 32, 42, 110, 270

Gould family, 332 government role: in compensating for capitalism's failures, 101; corporate encroachment on, 261n68; debates over, 13; in good job economy, 68, 89, 90n2; human well-being as goal of, 97; neoliberal conception of, 8, 18, 27, 319-21, 323-29; oversight as, 261n68; popular distrust of, 188; privatization of, 323-25; purpose-driven firms and, 203; reconception of, 53; in structural justice, 21, 314-15, 322, 329-36; "weap- onization” of, 327-29. See also state

Great Financial Crisis (2007/2008), 348, 353, 362n68

Great Recession, 41, 130, 263

Green New Deal, 53, 89-90, 110, 293, 299 gross domestic product (GDP). See eco­nomic growth

growth. See economic growth

Guiso, Luigi, 67

Gupta, Deepali Sharma, 134

Habermas, Jurgen, 244

Hale, Robert, 33

Hall, Stuart, 30-31, 33, 46 Hamilton, Alexander, 111 Hanson, Gordon, 65

Harvard Business School, 201, 234 Hayek, F. A., 40, 300, 319

Helliwell, John, 133-35 Henderson, Rebecca, 18-19, 29, 32, 44,

53, 226, 255, 260n53, 332

Heritage Foundation, 41 Hirschman, Albert, 192, 373 homo socialis, 35

hostile takeovers, 205-6, 217, 225 Hotelling, Harold, 100

Hsieh, Nien-he, 239 human flourishing. See well-being and flourishing

Hume, David, 375

Hussain, Waheed, 238, 245-46, 248, 250-51, 254-56

IAF. See Industrial Areas Foundation identity: individualist/collectivist bi­nary in, 112, 113-14; political economy in relation to, 14. See also individuals ideology, 37 immigration: capitalism in relation to, 375-77; cultural factors in, 376-77, 380; as economic issue, 369-72, 375­78; frictions caused by, 376, 378-79; labor in relation to, 47-50, 369, 371- 72; neoliberal policies on, 329; poli­cies on, 22, 369, 371-72, 377, 390n24; and political membership, 369-71, 377-78; sponsorship programs for, 379-82, 384-86

Immigration and Customs Enforce­ment (ICE), 329

implicit bias, 249-50 incapacitation through incarceration, 172

incarceration, 169-72

increasing returns: capitalism's failures regarding, 99-101; cooperation as means to, 98; defined, 97; failures of, 98-99; as goal of political economy, 97; RadicalxChange proposals con­cerning, 111-17

indentured servitude, 380-81 Independent Order of Odd Fellows,

385

individuals: community/collective vs., 112, 113-14; neoliberal conception of, 28, 32; resistance of, to private sector power, 43; social embedded­ness of, 32, 35, 118-20, 124-30. See also identity

Industrial Areas Foundation (IAF), 297, 305

Industrial Revolution, 322, 331 inequalities: in contemporary politi­cal economies, 123-24, 313-15, 335; domination as source of, 315-22; in income, 375; racial and class, in shar­ing economy, 272-73; structural roots of, 21, 313-36, 322-29; technology blamed for, 45

in-group favoritism, 249-50

Institute for Innovation and Public

Purpose, 296

Institute of Nuclear Power Operations (INPO), 201-2

institutional design: accountability as element in, 315, 317-18, 322, 325, 329-30, 334; in connected society, 368; neoliberalism's effect on, 315-16, 323-29; policies on, 15; recommenda­tions for, 333-34; redistribution as goal of, 52-53; for structural justice, 21, 314-15, 322, 329-36

institutions, defined, 36-37 interest on excess reserves (IOER), 353­

54, 362n68, 362n69

international waterways, 105

Internet, 42

Intersectional Social Data (XSD), 97, 112 IOER. See interest on excess reserves Ireland, dairy regulation in, 76-80 isolationism, 112

Israel, 107

Italy, 36, 190

Jackson, Andrew, 342, 346

Japanese Government Pension Fund, 202

Jefferson, Thomas, 192, 193

Jensen, Michael, 214-18, 220, 240-41,

243

job creation. See good jobs economy

Johnson, Boris, 121

Jope, Alan, 206

JPMorgan Chase, 189

just economy, 4-5, 14. See also political economy

just growth approach, 18

justice: democracy necessary for, 367; distributive, 50, 370, 378-80, 388; economic growth and, 141-42, 151-57; reciprocal, 222-23, 235; state's role in realizing, 21, 314-15, 322, 329-36

just savings principle, 151-52

Kahneman, Daniel, 119, 136

Kapczynski, Amy, 43, 44

Keayne, Robert, 191

Kemp, Brian, 328

Keynes, John Maynard, 18, 141, 143, 146­

51, 156, 161n24

Keynesianism, 27, 61-62, 321

Klinenberg, Eric, 304

Knights of Columbus, 385

Knights Templar, 385

Kotsantonis, Sakis, 231-32

Kraft Heinz, 205 Krueger, Alan, 133, 136

labor: child, 200; compensation for, 174; corporate attacks on, 189; decom­modification of, 53; dismantling of regulations protecting, 324; domination of, 316-17; firms' use of technology against, 38-40, 48-49; immigration in relation to, 369, 371-72; of prisoners, 179; in sharing economy, 264, 270-72; sponsorship programs for, 379-82, 384-86; status­subordination and, 47-51; technol­ogy as replacement for, 45; undocu­mented, 369; workforce development, 83-88. See also employees; employ­ment; labor market policies; wages labor market policies: inadequacy of standard remedies for, 68-69; pro­posal for, 80-83; scholarship on, 63; on workforce development, 83-88 labor platforms, 267, 268 Labour Party (Britain), 293, 297, 297-98 Lalonde, Christopher, 135 Lee Kuan Yew, 106 Legal Realists, 33 Leijnse, Michiel, 199 Li, Aaron, 63 liberal egalitarianism, 157 liberalism: neoliberalism compared to, 125; structural justice initiatives as challenge to, 336

Liberal Radicalism, 97-98, 107, 111 liberatory paradigm, 128-30 Limbaugh, Rush, 50 Lincoln, Abraham, 97, 368-69, 372-73 Livingstone, Bruce, 278-79 lobbying, 239 Lochner v. New York, 325 Luxemburg, Rosa, 111 Lyft, 265

Machiavelli, Niccold, 126 Macron, Emmanuel, 1 macro regimes, 12

Madison, James, 111 makerspaces, 266, 274, 275

Mandela, Nelson, 204

Maneuvering Characteristics Augmen­tation System (MCAS), 247

Mankiw, Gregory, 357n6

Manne, Henry, 41

markets: adversarial nature of, 223-24;

democracy in relation to, 17; Fed­eral Reserve's relationship to, 344; historical vs. transhistorical perspec­tive on, 30-31; neoliberal concep­tion of, 27, 319-20, 324-25; political membership and, 379-82. See also economy

Marx, Karl, 30, 33, 34, 132, 173, 179 Marxism, 132, 300

Masonic lodges, 385

Materiality Map (Sustainability Ac­counting Standards Board), 234

Mauritius, 203, 255

Max-Neef, Manfred, 123-24

Mazzei, Lapo, 191

McCormick, Cyrus, Jr., 38-39 McDonald, Rory, 243, 249

McFadden, Louis Thomas, 347 McFadden Act (1927), 347-48, 350 McGregor, J. Allister, 123, 130-32 Meckling, William, 214-16

Metzl, Jonathan, 126-27

Microsoft, 42

Miliband, Ed, 298, 309

Mill, John Stuart, 18, 141-46, 150-53, 156,

161n17, 161n24, 252

Miller-Adams, Michelle, 63 misery, as outcome of political econ­omy, 119-30

Mizuno, Hiro, 202

Modi, Narendra, 121

Monbiot, George, 307 monetary policy: climate change and,

355-57; Federal Reserve control over, 21-22, 340, 342-44, 349, 353; inflation in relation to, 353-54; open market operations for, 353; ossification of, 21-22, 340-41, 352; political involve­ment in, 341, 352, 355, 357n6, 362n64, 363n82; variations in, 348, 353-54 money: happiness associated with, 133;

as incentive, 148, 196; moral atti­tudes about, 148, 190, 192; role of, in collective life, 340, 357; in sharing economy, 275; societal determination of, 358n10. See also monetary policy Money Trust, 342 Moore, G. E., 149-50, 161n24 morality: of business, 189—98, 210, 213, 235, 245; and imprisonment, 167-69, 173-80, 184; and institutional design, 329-31; neoliberalism and, 27, 319; un­derpinning democracy, 67; and values of freedom, equality, and inclusion, 314-15, 335-36. See also corporate purpose; purpose-driven firms Morgan, J. P., 324, 332, 341 Morgan Stanley, 233 Moriarty, Jeffrey, 238, 245-46, 248, 250­

51, 254-56 Mouffe, Chantal, 296, 299 multinational corporations (MNCs),

244 mutual aid associations, 385-86 Myanmar, 104

National Domestic Workers Alliance,

44

National Football League (NFL), 241-42 nationalism, 375, 377-80, 383 nation-state. See state nativism, 66. See also populism natural polities (NPs), 103-8, 111 needs. See basic needs and capabilities NEF. See New Economics Foundation negative liberties, 17, 118, 367 neoclassical economics, 30-31, 45, 131 neoliberalism: basic principles of, 2,

27-28, 134; consequences of, 27-28, 51, 61, 304, 321; critiques of, 29-34, 51-54, 122-23, 125, 167, 293-94; damage to sociopolitical sustainability done by, 11; development of, 40-41; domina­tion as consequence of, 315, 318-22, 335; economic insecurity as feature of, 9, 28, 304; and government role, 8, 18, 27, 319-21, 323-29; individualist emphasis of, 28, 32; institutional ef­fects of, 315-16; moral aspect of, 194; political aspect of, 314, 315, 319-23; political-institutional structure of, 315-16, 323-29; reactionary nature of, 28; and status-subordination, 49-51; transhistorical perspective of, 30-31; as a worldview, 319

NEON. See New Economy Organizers Network

Netherlands, 189, 212 network effects, 270

Network for Greening the Financial

System (NGFS), 355-56

New Deal, 321, 332

New Economics Foundation (NEF), 293-94, 297, 305

New Economy Organizers Network (NEON), 297, 298

New Local Government Network, 308 Next System Project, 296 Nixon, Richard, 50, 326 non-domination: as basic principle, 4­

5, 7-8; political equality linked to, 8, 367; resistance movements as source of instruction about, 8; well-being and flourishing linked to, 367. See also domination

nonmarket strategies, 237-40 nonprofit organizations: defined, 174;

for prison operation, 180-85 North, Douglass, 31 Norway, 110

Notowidigdo, Matthew, 63 NPs. See natural polities nuclear plants, 201-2 Nussbaum, Martha, 8, 159n9

Oak Foundation, 297

Obama, Barack, 332, 334

Occupy Wall Street, 296, 297-98 Office of Environmental Justice (EPA), 333, 334 oligarchic capture, 54

Olin Foundation, 41, 320

Olson, Mancur, 142-43

open market operations (OMOs), 353

Open Markets Institute, 53 oppression, socioeconomic structure of, 124-30

Orban, Viktor, 121

ordinary life, 299-309

Organization for Economic Coopera­tion and Development (OECD), 40

Orwell, George, 299-301, 309

Osterman, Paul, 68

Ostrom, Eleanor, 201

OuiShare, 44

Owen, Robert (senator), 341-42

Owen, Robert (social reformer), 296

Paine, Lynn, 221

Palazzo, Guido, 237, 244-45, 247, 255 palm oil industry, 199-200, 202, 203 Panic of 1907, 341-42

Pareto in the Pines, 41

Paris Climate Agreement, 187

Participatory City Foundation, 307 Participle, 308

Partners for a New Economy, 294, 298-99

Passavanti, Jacopo, 190

Patriot Act, 345-46

Paul Hamlyn Foundation, 308

Pearson, Paul, 136

Peer, Nadav Orian, 358n10 peer-to-peer (P2P) markets. See sharing economy

penitentiaries, 172

People in the Lead, 307

Phillips, Adam, 300-302, 308

Pickett, Kate, 381

Pigovian subsidies, 16, 68

Pinchbeck, Ivy, 33, 47

platform cooperatives, 20; case study of, 278-81; economic performance of, 276-77; features of, 264-65, 277; governance of, 265, 277, 279-80; ideal occupations for, 278; role of, in gen­eral economy, 281-82. See also sharing economy

Plato, 349 pleasures, forbidden vs. unforbidden, 300-304

pluralism, 111. See also egalitarian pluralism

political economy: action strategies on, 15; agency vs. structure in, 31-32; change and transformation in, 115­16; concept of, 2-3, 8, 28; diagnoses of, 12-14; difference without domina­tion in, 7-8, 368-69, 371-72, 382-88, 389n4; dualities in, 12; dynamics of, 38-46; economic growth as criterion of, 5, 15, 17-18, 130-32, 135; framework and method for analyzing, 6-15; historical perspective of, 30-31; in­novation and development in, 96, 113; misery as criterion of, 119-30; and politics-economy relationship, 8, 115; power as conceptualized by, 28-29, 32-34; prescriptions for, 14­15; production as component of, 16; program for post-neoliberal, 51-54; values underlying, 7-12; well-being and flourishing as goal/criterion of, 14, 17, 97, 118, 124, 135-37, 387. See also just economy; politics

political engagement committees (PECs), 250-51, 254

political equality: non-domination linked to, 8, 367-68; non­sacrificeability of, 367-68, 373; politi­cal membership and, 373-74, 382-88; as public autonomy, 367; well-being and flourishing linked to, 367, 373

political membership: difference without domination and, 371-72, 382-88; and the economy, 369-72; economy structured by, 374-79; global question of, 374; immigration and, 369-71, 377-78; political equality and, 373-74, 382-88; polypolitanism as form of, 370, 383-87; state-centric conception of, 377; VIP program as initiative on, 379-82

politics: change and transformation

in, 115-16; corporate engagement

in, 237-56; effects of economic decline on, 66-67; neoliberal, 314, 315, 319-23; ordinary life in relation to, 299-309; political will for good jobs economy, 68, 89; purpose-driven firms and, 204-5. See also democracy- democratic system change; political economy; populism

Pollman, Elizabeth, 242

Polman, Paul, 194-95, 205-6 polypolitanism, 370, 383-87 populism: critiques of, 101-11; democ­racy in relation to, 106; strengths of, 112. See also nativism

Populist movement, 322 positive liberties, 9, 367

Posner, Eric, 370, 375-77, 379-81, 388 Postmates, 265

Pouw, Nicky, 123, 130-32

Powell, Jerome, 348 power: concentrations of, 13; defined,

36; in the economic sphere, 33-34, 44; political economy's conceptual­ization of, 28, 32-34; production in relation to, 16, 33; reconfiguration of, for structural justice, 335-36. See also domination

pragmatism, 4, 13, 14, 294, 298, 331 Pratt, Andrea, 197

Preston, H. H., 346, 348 pretrial detention, 169-70, 181 primary dealers, 344

Prince Hall Masons, 385-86 prisoner's dilemma, 201 prisons, 167-85; abolitionist perspective on, 18, 167-68, 171-73, 184-85; chief features of, 168-72; criticisms of, 18, 168, 174-80; for-profit operation of, 175-80; incentives associated with, 177-78; narrow definition of, 172; non­profit operation of, 180-85; official function of, 174-75; operating costs of, 178; privatization of, 18, 167, 175-85; public operation of, 175, 178-79 privatization: criticisms of, 175-80;

defined, 173; of governance, 323-25; neoliberalism and, 18; prisons and, 18, 167, 175-85

production: neoliberalism's effect on, 27-28; policies on, 14; power in relation to, 16, 33; prosocial, 14, 44; societal differences in, 45-46. See also economy; productive/technological dualism

productive/technological dualism, 61, 64-65

Professional Air Traffic Controllers Organization (PATCO), 40 profit: defined, 173-74; moral attitudes about, 190-98; from prison op­eration, 175-80. See also shareholder value maximization

Progressive movement, 322, 325, 333,

335

progressive stationary state, 143-46 Project QUEST, 84-85 property: domination in relation to, 9;

freedom in relation to, 9; increasing returns framework and, 101; SALSA and, 97, 113, 114

Public Knowledge, 43 public-private collaborations: for good jobs economy, 63, 80-88; for prison operation, 175, 180-84; purpose- driven firms and, 203

Pujo, Arsene, 342 punishment, 171-72 purpose-driven firms, 19, 188-212; chal­lenges for, 188-89; company values of, 198; cooperation of, 189, 198, 200-203; government partnerships with, 203; historical background for, 190-98; legality of, 195; performance of, 195-98, 206; potential impact of, 204-5; risk and innovation in, 198­200; role and contributions of, 188, 198-206; societal need for, 187-88

Putnam, Robert, 133

Quadratic Finance (QF), 97, 113, 115 Quadratic Voting (QV), 97, 114 Quakers, 193

Quart, Alissa, 122

Quinn, Sarah, 363n71

race and racism: constitutional and legislative actions on, 325-26; cred­itworthiness and, 354, 363n71; eco­nomic exploitation and, 47; political ideologies based on, 126-27; political membership and, 385-86; Republican politics and, 50; in sharing economy, 272-73, 275; systemic domination and, 317

radical Republicans, 325 RadicalxChange movement, 17; alterna­tives proposed by, 111-17; basic prin­ciples of, 97-98, 111; defined, 96-97; precursors of, 111-12

Rahman, Sabeel, 21, 30, 53, 353 Ramanna, Karthik, 226, 248

Rawls, John, 18, 142-43, 151-56, 164n56, 368, 388, 389n4

Reagan, Ronald, 40, 50, 321, 323, 324, 328 reciprocal justice, 222-23, 235 reciprocity. See cooperation, col­laboration, and reciprocity; ethical reciprocity

Reconstruction, 322, 325, 335 regulation: corporate shaping of, 42­

43, 239-40, 242-43, 247-50, 259n32, 260n53; environmental model of, 72, 75-80; R&D model of, 72-75; of sharing economy, 264, 269, 273; in uncertain conditions, 68-80

Rehnquist, William, 326

rent extraction, technological, 42, 44 reserve prices, 213

Rethinking Economics, 296 retribution, 174

Revlon, Inc. v. MacAndrews & Forbes Hold­ings, Inc., 221

ride-hailing, 264, 266, 267, 270, 271. See also Lyft; Uber

Robbins, Lionel, 142

Roberts, John, 326

Robinson, Cedric, 33

Robinson, James, 31

Rockefeller family, 332 Rodney, Caesar, 193

Rodrik, Dani, 16-17, 30, 53, 54, 203,

259n32, 260n53, 296, 334, 345 Rohingya genocide, 104 Rose, Julie, 17-18, 135, 318, 354, 357 Roundtable for Sustainable Palm Oil,

200

Rousseau, Jean-Jacques, 341, 349-52, 361n56

Russell, Bertrand, 149

Sabel, Charles, 16-17, 30, 53, 54, 203,

259n32, 260n53, 296, 334, 345 sacrifice, 225-26

Safra Seminar Process Circle, 6

SALSA. See Self-Assessed Licenses Sold by Auction

Salter, Malcolm, 19-20, 29, 32, 53, 187,

332

Samuelson, Paul, 100

Sandel, Michael, 222 Sanders, Bernie, 53, 296

Scandinavia, 107

Scherer, Andreas Georg, 237, 244-45, 247, 255

Schor, Juliet, 20, 29-30, 32, 44, 53 Schumpeter, Joseph, 34

Second Bank of the United States, 346 Securities and Exchange Commission

(SEC), 232

security. See economic security self. See identity; individuals;

self-interest

Self-Assessed Licenses Sold by Auction (SALSA), 97, 113, 114, 115

self-interest: challenges to economic

conception of, 32, 51, 132, 205-6; competitive vs. ethical, 225; eco­nomic conception of, 2, 28, 29, 35, 214, 224; ethical reciprocity compared to, 224-25; neoliberal conception of, 30, 132

Sen, Amartya, 8, 127-30, 132-33, 159n9 Serafeim, George, 197, 229, 231-32, 234 sex trafficking, 380-81 shared value creation, 236n4 shareholder value maximization, 19, 187,

195, 210-21, 227-29, 237, 240-42 Sharing Cities Alliance, 44 sharing economy: disruptive features

of, 268-70; drawbacks of, 20, 264, 272-73; ecological claims for, 282n5; emergence of, 263; exclusionary po­tential of, 272-73, 275; governance of, 264-65; labor in, 264, 270-72; non­profit entities in, 273-76; precursors of, 265-66; promises of, 20, 263-64, 269, 273-74; racial and class inequali­ties in, 272-73, 275; regulation of, 264, 269, 273; segments of, 265-67; social claims for, 282n5; technological fea­tures of, 269; usage of the term, 268. See also platform cooperatives Shelby, Tommie, 18, 29, 44, 52, 318 Shelby County v. Holder, 328 Sidgwick, Henry, 149 Simmel, Georg, 112 Singapore, 107, 212 Skidelsky, Robert, 150 skills-biased technical change (SBTC),

45

SMart, 278, 279

Smith, Adam, 33, 119, 192, 375

Smith, Phillip, 123-24 socialism, 252 Social Wealth Fund (SWF), 102, 107,

108-10

society: neoliberal conception of, 28; plasticity of, 115

Soudek, Joseph, 222-23 South Africa, 204 Southwest Airlines, 196 Spanish Civil War, 299 spinning technology, 48-49 stakeholders, 213, 218-19, 221, 234­

35. See also shareholder value maximization

Standing, Guy, 122

Stanig, Piero, 66-67 state: check on the power of, 114; de­mocracy in relation to, 11; as expres­sion of majority will, 101-11; natural polities in relation to, 103-7; political membership in, 377; as salient politi­cal unit, 10-11. See also government role

state investment banks, 353-55 stationary state: Keynes and, 146-50;

Mill and, 143-46; Rawls and, 151-56 status-subordination, 46-51, 52 Stears, Marc, 21, 331 Stephens, Bret, 295 Stigler, George, 238-39 Stiglitz, Joseph, 130 Stocksy United, 20, 278-81 Stout, Lynn, 218 Strachey, Lytton, 149 structural justice, 21, 314, 318, 322, 329-36

Stutzer, Alios, 135 subsidiarity, 115 Summers, Lawrence, 63, 359n22 Sundararajan, Arun, 272 Sunrise Movement, 299 sunset clauses, 345-46, 359n25 sustainability: corporate purpose

and investment strategy based on environmental, 199-200, 212, 229, 230, 232-35; democratic, 11, 350-52; environmental, 11; financial, 212, 234; sociopolitical, 11

Sustainability Accounting Standards

Board, 229, 234

Sustainable Apparel Coalition, 200 swaps, 274

Sweden, 66

SWF. See Social Wealth Fund Switzerland, 107

Taiwan, 107

TaskRabbit, 265, 270-71, 272 tax incentives, 86-87 Taylor, Frederick, 193 tea business, 199 technology: defined, 37; economic inequality blamed on, 45; firms' use of, for control of labor, 38-40, 48-49; innovation and development in, 96; private sector battles over control of, 42-44; in sharing economy, 269; social innovation in relation to inno­vation in, 96, 113. See also productive/ technological dualism temporary legislation, 341, 345, 350 textile industry, 48-49, 200, 202, 203 Thirteenth Amendment, 325-26 3G Capital, 205-6 Thunberg, Greta, 309 timebanks, 267, 274-76 TimeRepublik, 276 Tocqueville, Alexis de, 111 Ton, Zeynep, 67-68, 197 totalitarianism, 112 Toyota, 195-96 Treaty of Versailles, 377 Trump, Donald, 1, 50, 66, 121, 294, 323­24, 391n26 trust: among corporate employees and other shareholders, 218-19; as consequence of working together, 64, 70, 89; in corporate political engage­ment, 255; in corporations/capital- ism, 211-12; crowdsourcing as means of fostering, 266, 269; in govern- ment/social institutions, 108, 188; societal and institutional contexts for, 32; as value, 135

Tuck, Richard, 382

Turo, 265 Twitter, 309

Uber, 242-43, 251, 264, 265, 267, 268, 270 Ubide, Angel, 353 uncertainty: case studies in regula­tion in face of, 72-80; institutional responses to, 4, 13; labor market policies in face of, 68-69, 80-88; regulation in face of, 68-72; ubiquity and significance of, 13 undocumented workers, 369

Unilever, 194-95, 199-201, 205-6 unions, 38-40

United Nations, 377

Universal Declaration of Human

Rights, 371

University of Chicago, 41

Upwork, 280

Ure, Andrew, 48

US Congress, 21, 326-27, 346, 348-49, 352, 357

US Constitution, 111, 325-31

US Department of Defense, 17

US Department of Energy, 17

US Department of Justice, 331

US Department of the Treasury, 358n14

US Supreme Court, 221, 239, 326-27 usury, 190

utilitarianism, 128

Vanderbilt family, 332

Van 't Klooster, Jens, 355

Verdier, Thierry, 31

VIP. See Visas between Individuals Program

Virginia Polytechnic Institute, 41

Virtus Capital L. P. v. Eastman Chem. Co., 221

Visas between Individuals Program (VIP), 369-70, 379-82

voter suppression, 317, 326, 328 voting. See Quadratic Voting

Voting Rights Act (1965), 320, 326, 327, 331, 332, 333

wages: as compensation for work, 174; employment in relation to, 64; in the sharing economy, 270-71

Wall Street Walk, 231

Walmart, 195, 198

Warburg, Paul, 341, 343

war on drugs, 105-6

Warren, Earl, 326

Warren, Elizabeth, 53

Washington Consensus, 2 waterways, 105

Webb, Beatrice and Sidney, 111

Weber, Max, 47

Weitzman, Martin, 68 welfare state, 61, 132, 327-28, 385-86 well-being and flourishing: compo­nents of, 133; conceptions of, 119-24, 196; domination as obstacle to, 318; GDP/economic growth as criterion of, 5, 17, 130, 143; as goal/criterion of political economy, 14, 17, 97, 118, 124, 135-37, 387; neoliberal attack on, 122; pluralistic character of, 131-32; politi­cal equality necessary for, 367, 373; prosocial effects of, 120; social aspect of, 133-35

Wells Fargo, 189

Wertheimer, Barbara, 33 Wettlaufer, Brianna, 278-79

Weyl, Glen, 17, 296, 370, 375-77, 379-81,

388

Wheeler, Burton, 347

Whole Women's Health v. Hellerstedt, 328 Wigan, England, 307

Wilkinson, Richard, 381

Williams, Cynthia, 232

Williams, Raymond, 305

Williamson, Oliver, 215

Wilson, William Julius, 65

Wilson, Woodrow, 343

Wolin, Sheldon, 306 women: labor force participation of,

48-50; in sharing economy, 272, 275 Wood, Gordon, 192

Woodly, Deva, 17, 29, 318, 354, 357 workers. See employees; labor workforce development, 83-88 World Economic Forum, 294 Wray-Lake, Laura, 134

Wu, Victor, 239

XSD. See Intersectional Social Data

Young, Iris, 125, 128, 130

Zionism, 107