The actual division of labor must be reflected in the division of the rewards (and prices, which is the way the consumer gets rewarded).

With a Trump administration we don't know enough yet to make predictions, but if past behavior is any indication, I am not encouraged.

While infrastructure is of course important, it must be part of a bigger vision. The point is not to simply dig ditches but to steer those investments towards transformational growth.

Companies prefer to put money in the pockets of shareholders or to hoard cash rather than to raise wages or invest.

Shareholder value theory - the destructive idea that companies should be run solely for the benefit of shareholders - has led to financialized businesses that do not invest in the areas that will lead to future growth or the invention of useful new products.

Rethinking capitalism means rethinking the role of the public sector, the role of the private sector, the role of finance, and the relationship between them all.

Germany is using its Energiewende policy as a way of envisioning a green transformation and innovation across many sectors.