4.6 • 32K Ratings
🗓️ 6 April 2023
⏱️ 48 minutes
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0:00.0 | Today, on the show, a rare story that you wouldn't think would be so rare. |
0:10.4 | We decided to take a contrarian view and bet that bringing jobs to an area that hadn't |
0:16.4 | had opportunity would be a good business decision. |
0:20.4 | The experience of black people in the south side of the city is a unique experience. |
0:25.4 | Which about every big company says they want to create more opportunity for black Americans? |
0:30.9 | One company decided to do something very basic about it. |
0:34.7 | What do economists think of their idea? |
0:37.0 | Do you want the good news first? |
0:39.2 | We should applaud and even incentivize well-intended and good-behaving corporations or the bad |
0:46.5 | news. |
0:47.5 | I'm quite skeptical on the ability of PR campaigns to shape corporate America into improving economic |
0:53.4 | opportunity for all. |
0:55.1 | PR campaign, good-behaving corporation, or something else entirely. |
1:00.4 | You will have to decide for yourself, starting right now. |
1:03.8 | This is Freakonomics Radio, the podcast that explores the hidden side of everything, |
1:23.9 | with your host, Stephen Dubner. |
1:31.9 | Most big companies these days and small ones too are leaning hard into DEI programs that |
1:42.6 | stands for diversity, equity, and inclusion. |
1:45.5 | There was a lot of talk of systemic bias and systemic racism. |
1:49.7 | And I know those are sort of loaded terms, but for me it just meant that the racism and |
1:57.3 | the bias of previous decades reinforced itself in a system that continues to this day, |
2:04.9 | unless we do something to break the cycle. |
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