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
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)
Recent Favorite: Colored Conventions (1830)
Recent Favorite: Franklin in France (1776) w/ Mike Duncan
Recent Favorite: JFK Almost Assassinated (1960)
DC, Not A Swamp (1810)
Reverse Freedom Rides (1962)
Rosewood Reparations (1994)
The Tank Fire-Nado (1926)
Mecham: Worst Governor Ever? (1990)
The Hippo Meat Plan (1910) w/ Dan Pashman
The Oyster Wars (1959) w/ Christine Keiner
H1N1 Reaches America (2009) w/ James Hamblin
A Confederate Day of Fasting and Prayer (1863)
Create your
podcast in
minutes
It is Free
Criminal
Ear Hustle
Song Exploder
The Truth
the memory palace