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
US Boycotts Russian Games (1980)
The Cornerstone of the Confederacy (1861)
Latasha Harlins and the LA Riots (1991)
The US Hunts Pancho Villa (1916)
A Raisin In The Sun (1959)
We Are The World (1985)
The War on Pinball (1948) w/ Harry Siegel
The Woman Behind The New Deal (1933) w/ Jenny Kaplan
Mixing at Mardi Gras (1992) w/ Oliver Thomas
Lincoln At Cooper Union, The Speech That Changed Everything (1860)
Our Favorite "Making Trouble" Stories
Birth of The Peace Symbol (1958) w/ Ian Chillag
The Long Telegram (1946)
Black History Month Week: Baldwin v Buckley (1965) w/ Nick Buccola
Black History Month Week: Capital B w/ Jelani Cobb
Black History Month Week: Where BHM Came From (1924)
The Anarchist Soup Plot (1916)
"Birth Of A Nation" (1915) w/ Tyler Parry
The Smoking Section (1987) w/ Sarah Milov
The SPAM Strike (1986) w/ Julia Longoria
Create your
podcast in
minutes
It is Free
Criminal
Ear Hustle
Song Exploder
The Truth
the memory palace