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How Capitalism Lost the Working Class

Posted

April 1, 2026

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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.

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Producer: Paul Alexander

Audio Mixer: Ian Keyser

Illustration: Adani Samat

Guests & Subjects Covered

Niskanen Center's Brink LindseyCato Institute HisMass PlentyMass FlourishingNick GillespieIntroduction MassDoes Lindsey

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How Capitalism Lost the Working Class · ReasonTV · Sentinel