#Bestof2021: 2/2: A short history of the American corporation in politics. Henry Tricks, @Economist
The John Batchelor Show
John Batchelor
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🗓️ 11 April 2023
⏱️ 10 minutes
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#Bestof2021: 2/2: A short history of the American corporation in politics. Henry Tricks, @Economist
https://www.economist.com/leaders/2021/04/15/the-political-ceo?frsc=dg%7Ce
Transcript
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| 0:00.0 | I'm John Boucher. This is the new John Boucher show at CBS Audio Network. I'm very pleased |
| 0:15.0 | to be speaking with Henry Tricks, who is in Great Britain. He works for the Economist |
| 0:19.6 | magazine. He has helped me understand the generations of businessmen, business women, |
| 0:29.2 | people who make decisions for private corporations and politics and epochs. And right now we're |
| 0:36.2 | back to the 21st century. Henry Atlanta is an example of activism. That's the word |
| 0:43.2 | that's used, generally speaking, of CEOs, even entering into a conversation in Zoom because |
| 0:50.1 | it is the pandemic. During the master's golf tournament weekend to discuss a letter |
| 0:57.1 | that was eventually published, seen as nonpartisan in support of voting rights. However, I mentioned |
| 1:05.0 | that only because it's one example of CEOs acting corporate CEOs acting in political atmospheres. |
| 1:13.2 | You at economist also mentioned Jamie Dimon, who speaks out on a number of political |
| 1:19.0 | matters and has been prominent, really, for a long time, but certainly since the great |
| 1:24.6 | recession of 2009, 2010, when he was prominently in conversation with then President Barack |
| 1:31.4 | Obama. And also you mentioned the business roundtable, making political observations all |
| 1:37.5 | the time, although it's put in terms of where is the market going. Are those positive examples |
| 1:44.0 | of CEOs and does that encourage this transformation again? It's not just shareholders, it's also |
| 1:51.7 | the atmosphere of the company. I don't think that we see this as uniformly positive. |
| 2:00.0 | Let me be very clear here that the economist has no doubt about the importance of supporting |
| 2:10.6 | voting rights. And so when we saw what was being done both in Georgia and across various |
| 2:20.7 | states in America, there was certainly a sense that it's important to ensure that there |
| 2:28.1 | is easy access to voting and that voting rights are respected. The worry here is really |
| 2:37.1 | one of concentration of power. It's the fact that business leaders are unelected. They |
| 2:47.6 | do tend to serve their own interests and they pretty much always lobbying for their own |
... |
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