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!
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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 West Wing' Premieres (1999) w/ Hrishikesh Hirway
The First Anti-Amalgamation Law (1664)
What YOU Learned On Your Summer Travels
The Reagan's Prime-Time Drug Address (1986) w/ Donovan X Ramsey
The First Food Nutrition Labels (1971) w/ Xaq Frohlich
Upton Sinclair's Epic Run For Governor (1933)
What We Learned On Our Summer Travels
Adam Mckay is Morris The Cat (1992) [[Archive Episode]]
The Man Who Killed The Man Who Killed Lincoln (1894) [[Archive Episode]]
Fred Korematsu's Internment (1942) [[Archive Episode]]
Missouri's Early Emancipation Proclamation (1861)
The Bridge To Nowhere (2005)
Nat Turner's Community (1831) w/ Vanessa Holden [[Archive Episode]]
The Steam Tunnel Incident and the D&D Panic (1979)
The Smithsonian, Great Idea (1846)
"Macaca" (2006) w/ Peter Hamby [[Archive Episode]]
Budd Trips Decker at the '84 Olympics (1984)
Clinton Finds Life On Mars (1996)
The Roots of "Roots" (1976) [[Archive Episode]]
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