607 Upton Sinclair and the Muckraking Novelist (with Adelle Waldman) | My Last Book with Edward Chamberlin
The History of Literature
Jacke Wilson
4.6 ⢠1.3K Ratings
šļø 13 May 2024
ā±ļø 57 minutes
šļø Recording | iTunes | RSS
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| 0:00.0 | The History of Literature Podcast is a member of the Podglamorate Network and LIT Hub Radio. |
| 0:07.0 | Hello, indulge me for a moment. I'm starting a news organization. It will be called the |
| 0:15.9 | median news. Every employee at my organization will earn the same starting salary, |
| 0:21.5 | the same bonus, and receive the same |
| 0:23.6 | starting salary, the same bonus and receive the same health benefits. |
| 0:25.3 | They'll all receive the same number of vacation days. |
| 0:30.0 | Oh, we'll have a few performance enhancers, and they'll get the same cost of living salary increase and maybe a few more perks as well |
| 0:37.7 | But this is the key. This is how the reporters and editors and publishers and everyone else will be compensated. |
| 0:44.4 | When I say the same, I mean the same as each other, but even more than that I mean the same as the |
| 0:51.5 | median wage earners in their location. |
| 0:55.0 | If the median wage is $80,000 a year, then that's what they'll earn. |
| 1:00.0 | If the median wage earner gets health care, then that's what they'll get. |
| 1:04.1 | If not, they won't. |
| 1:06.6 | Their economic fate will be tied to the fate of the median earners living among them. |
| 1:12.3 | If those people get to retire early, then wonderful. |
| 1:15.8 | So will my employees. If their retirement age ticks up, well that's too bad. |
| 1:22.3 | And if at the end of life the median person in this area is reduced to poverty, |
| 1:29.4 | then sadly my employees might be too. |
| 1:33.6 | Hopefully you can see where I'm going with this. |
| 1:35.4 | We have a disconnect between the news we tend to receive |
| 1:38.4 | and the people who dish it out to us. |
| 1:40.8 | They select what's important, what gets the oxygen, what to cover and how to cover it. |
... |
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