Podknife - Blame Capitalism: Profit over everything by Today, Explained

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Blame Capitalism: Profit over everything

Podcast |: Today, Explained
Publisher |: Vox,; Vox Media Podcast Network
Media Type |: audio
Podknife tags |: News & Politics
Categories Via RSS |: Daily News,; News,; Politics
Publication Date |: Sep 15, 2023
Episode Duration |: 00:26:06

Economist Milton Friedman published an essay in 1970 arguing that the job of a corporation was solely to make money for its shareholders. General Electric CEO Jack Welch pushed that idea about as far as it would go — and broke capitalism. This episode was produced by Miles Bryan, edited by Matt Collette, fact-checked by Laura Bullard, engineered by Patrick Boyd with original music by Jon Ehrens, and hosted by Noel King. Additional editorial support from Avishay Artsy, Jolie Myers, and Miranda Kennedy. Transcript at vox.com/todayexplained Support Today, Explained by making a financial contribution to Vox! bit.ly/givepodcasts Learn more about your ad choices. Visit podcastchoices.com/adchoices

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