4.6 • 3.4K Ratings
🗓️ 3 September 2025
⏱️ 63 minutes
🧾️ Download transcript
Air Date: 6–20-2023
Today, we take a look at the story of how neoliberalism was born, how corporations were organized to help push it into the mainstream, and how the courts were reshaped to permanently tilt the rules in favor of corporate power.
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SHOW NOTES
Ch. 1: Chile, Neoliberalism and the CIA - AJ+ - Air Date 11-29-19
Ch. 2: The Powell Memo. Corporate America's Call to Arms. - Unf*cking The Republic - Air Date 2-9-23
Ch. 3: How the Corporate Takeover of American Politics Began - Robert Reich - Air Date 12-13-22
Ch. 4: Greed Is Rotting America From The Inside Out - Thom Hartmann Program - Air Date 7-29-22
Ch. 5: Economic False Prophets Part 1 - Ralph Nader Radio Hour - Air Date 6-10-23
Ch. 6: What has Greed Cost America - Thom Hartmann Program - Air Date 10-28-14
Ch. 7: Economic False Prophets Part 2 - Ralph Nader Radio Hour - Air Date 6-10-23
Ch. 8: Wall Street's ESG Scam EXPLAINED - Breaking Points with Krystal and Saagar - Air Date 6-16-22
Ch. 9: Anti-Capitalist Investing Is... Absurd — Jen Pan - Jacobin - Air Date 6-11-22
Produced by Jay! Tomlinson
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| 0:00.0 | Welcome to this throwback edition of the award-winning Best of Left podcast, where we remember the past and choose to repeat it. |
| 0:10.4 | There's a strong argument to be made that true and legitimate economic insecurity has been weaponized by right-wing populists around the world to target marginalized groups and immigrants as the |
| 0:22.4 | supposed cause of that insecurity, boosting themselves to power in the process. So it's always |
| 0:28.5 | a good time to remember the real origins of our economic troubles, the dehumanizing system |
| 0:34.1 | of liberalism that calculates the value of literally everything except those things |
| 0:39.3 | that make life worth living. And so to look back to better understand the present, sources |
| 0:44.4 | today include AJ Plus on Effing the Republic, Robert Reich, the Tom Hartman program, the Ralph |
| 0:50.8 | meter radio hour, Breaking Points, and Jacobin. |
| 1:00.3 | The protests over inequality in Chile are not spontaneous. |
| 1:04.4 | If we go back in history, we'll find a dictatorship, a group of economists, and even the CIA. |
| 1:19.2 | Chile is considered the world's neoliberal laboratory, because during the dictatorship of Augusto Pinochet, it was one of the first countries in which Milton Friedman's economic |
| 1:22.9 | policies were applied. He was the guru of neoliberalism. This turned China the title of economic miracle. |
| 1:30.2 | But not all Chileans are in agreement. |
| 1:32.6 | We want to change this system capitalistic, a system |
| 1:35.9 | infermo and that has to the people agonizando. |
| 1:40.8 | The keys of this experiment were the Chicago boys. |
| 1:44.0 | They were a group of Chilean students awarded scholarships by the United States government |
| 1:47.2 | between 1957 and 1970 to study postgraduate economics at the University of Chicago, |
| 1:53.3 | the cradle neoliberalism. |
| 1:55.4 | There, they learned from Friedman himself. |
| 1:58.7 | Neoliberalism is a capitalist political model that believes in the free market. |
| 2:03.2 | This means that the less the government gets involved with the economy, the better. |
... |
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