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
Yeltsin Refuses To Leave The Plane (1994)
"Actually, You Forgot Poland" (2004)
Big Dig Energy (1983) w/ Ian Coss
Stanislav Petrov Prevents Armageddon (1983)
'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)
Create your
podcast in
minutes
It is Free
Criminal
Ear Hustle
Song Exploder
The Truth
the memory palace