It’s September 14th. This day in 1970, economist Milton Friedman pens an op-ed in The New York Times making the case that a corporation’s primary goal is to increase shareholder value and profits.
Jody, Niki, and Kellie are joined by Noel King of “Today, Explained” to discuss how Friedman’s “shareholder theory” pushed back against existing ideas of corporate responsibility, and signaled a new vision for capitalism — and how the last forty years have reflected those values.
Noel is the host of a new series running in the “Today, Explained” feed called BLAME CAPITALISM. Check out the first episode now!
Sign up for our newsletter! We’ll be sending out links to all the stuff we recommended later this week.
Find out more at thisdaypod.com
This Day In Esoteric Political History is a proud member of Radiotopia from PRX.
Your support helps foster independent, artist-owned podcasts and award-winning stories.
If you want to support the show directly, you can do so on our website: ThisDayPod.com
Get in touch if you have any ideas for future topics, or just want to say hello. Our website is thisdaypod.com Follow us on social @thisdaypod
Our team: Jacob Feldman, Researcher/Producer; Brittani Brown, Producer; Khawla Nakua, Transcripts; music by Teen Daze and Blue Dot Sessions; Audrey Mardavich is our Executive Producer at Radiotopia
Death On The Lot: Hollywood's Wild Labor History w/ Brian Steele and Hadley Meares
The Obama Oral History Project Is Here
An Ode To The Obit w/ Don Van Natta and Jacob Feldman
You Get A Podcast!
Etan Patz And The Rise Of "Stranger Danger" (1979)
Memorial Rerun: The Vietnam Memorial Controversy
Addy, American Girl Doll (Part 2) w/ Aisha Harris
American Girl Doll (Part 1) w/ Aisha Harris
William Burns, America's Sherlock Holmes (1934)
The Bath School Bombing (1927)
Wounded Knee '73 (1973)
RFK's Fateful Meeting With Baldwin And Belafonte (1963) w/ Paul Kix
The Gaston Bombing in Birmingham (1963) w/ Paul Kix
Biden Spoils Obama's Gay Marriage Evolution (2012) w/ Sasha Issenberg
Clinton Boxers or Briefs (1994) w/ Kelsey and Alex from Normal Gossip
Anne Royall, Common Scold (1826) w/ Kelsey and Alex from Normal Gossip
USS Jamestown Helps Ireland (1847)
The Caning of Michael Fay (1994)
The Abu Ghraib Photos (2004)
Sybill's Midnight Ride (1777)
Create your
podcast in
minutes
It is Free
Criminal
Ear Hustle
Song Exploder
The Truth
the memory palace