Can American Capitalism Survive?

Ralph Nader Radio Hour

Ralph Nader

Government, News

4.8 • 1.1K Ratings

🗓️ 22 June 2019

⏱️ 75 minutes

🔗️ Recording | iTunes | RSS

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Summary

Ralph welcomes Washington Post business columnist, Steven Pearlstein, who asks the question, “Can American Capitalism Survive?” And economist William Lazonick tells us how Boeing management buying back its own stock contributed to the decisions that led to the crashes of the 737 MAX 8.

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Transcript

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0:00.0	It's the Ralph Nader Radio Hour.
0:05.0	Stand up, stand up.
0:07.0	You've been sitting way too long.
0:10.0	Welcome to the Ralph Nader Radio Hour. My name is Steve Scrovant, along with my co-host David Feldman. How are you today David?
0:20.0	Well, you live long enough. You see see everything I just witnessed Ralph Nader getting a
0:26.3	roboo call and being resigned about it. Oh he'll get them back, don't worry.
0:33.0	We actually did a show on roboo calls, if you recall, a few months ago.
0:35.7	He just got one 30 seconds ago before we started.
0:39.3	Yeah.
0:40.5	And of course, the man we're speaking about, the man of the hour, Ralph Nader.
0:43.2	Hello, Ralph.
0:44.2	Hello, everybody.
0:45.7	Good show today.
0:47.4	The show is actually sort of thematic today.
0:50.9	The state of capitalism is our theme on today's program. Both of our guests today
0:55.9	provide a unique take on the issue and I've heard Ralph say that when capitalism crashes
1:00.8	socialism is always there to save it.
1:02.8	Well, our first guest argues for ways that capitalism can save itself.
1:07.0	Washington Post Business columnist Stephen Perlstein has a new book out entitled,
1:11.1	very bluntly, Can American capitalism survive?
1:14.8	In that book he critiques unfettered free market capitalism
1:18.7	how it has undermined not only our democracy
	...

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