About ‘The Alternative’: Nick Romeo
In ‘The Alternative,’ Nick introduces a growing global movement led by academic economists, business owners, policy entrepreneurs, and ordinary individuals who are rejecting these myths. Their collective vision shapes economies that prioritize ethical and social values, viewing the economy as a realm of moral action and accountability.
Drawing from years of coverage for The New Yorker, Nick Romeo embarks on an extraordinary journey, blending original, in-depth reporting with expert analysis. He explores a myriad of innovative economic and policy ideas:
- Purpose Trusts: Successful business owners organizing companies to fulfill higher missions, such as sharing profits with workers or protecting the environment.
- Venture Capital Models: Growing deployment of new models to promote wealth creation for the poorest Americans and address climate change.
- Oslo’s Climate Budgeting Program: Achieving emission reduction targets, setting a model for governments globally.
- Portugal’s Democratic Budgeting: Strengthening democratic culture by involving citizens in crucial budget decisions.
- Worker Ownership and Cooperatives: Fostering innovation, sharing wealth, and improving job quality as an alternative to traditional corporations.
- Public-Sector Marketplace: Offering decent work and real protections to gig workers in California.
- Job Guarantee Program in Southern Austria: Providing high-
quality meaningful jobs to every citizen.
Praise for ‘The Alternative’:
“An enlightening, inspiring read… The Alternative brings together an appealing range of ways people across the west are imaginatively and determinedly contesting the givens in today’s capitalism. There is an ache for better – for more just ways of organising the way we work and adding more meaning to our lives. You can’t help but applaud Nick Romeo for showing the workable alternatives to capitalism and the moral driver behind them – everything from the way companies are incorporated to how employees are hired,
paid and enabled to share in the value they create.”
— Will Hutton, The Guardian
“An invigorating investigation of how governments across the globe are implementing creative and practical fixes… This is an eye-opening handbook for a better world.”
— Publishers Weekly, starred review
As many books have exposed what’s not working in our current system, ‘The Alternative’ reveals something even more essential – the structure of a system that could work for everyone. Margaret Thatcher was wrong; there is an alternative, and this is what it looks like.
Nick Romeo covers policy and ideas for The New Yorker and teaches in the Graduate School of Journalism at the University of California, Berkeley. He has also written for The New York Times, The Washington Post, National Geographic, Rolling Stone, The Atlantic, The MIT Technology Review, and many other venues.
Check out his website @ https://wwwnickromeowriter.com and get social with Nick on Linkedin
