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The Axe Files with David Axelrod

Ep. 275 — Steven Pearlstein

The Axe Files with David Axelrod

CNN

News

4.67.7K Ratings

🗓️ 8 October 2018

⏱️ 64 minutes

🧾️ Download transcript

Summary

Steven Pearlstein is a Pulitzer Prize-winning business and economics columnist for The Washington Post. He joins David to chat about his beginnings in business writing, how to interpret the country’s record levels of deficit and present state of the economy, and the potential impact Brett Kavanaugh will have on the Supreme Court. They also discuss Pearlstein’s new book – Can American Capitalism Survive? – which explores how American capitalism has lost its moral legitimacy. To learn more about how CNN protects listener privacy, visit cnn.com/privacy Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

And now, from the University of Chicago Institute of Politics and CNN, the Axviles, with your

0:12.5

host, David Axelrod.

0:16.3

Anyone who spent time in Washington knows the name Steve Pearlstein as the long-time business

0:22.3

columnist for the Washington Post?

0:24.7

He's an institution in that town and often one of its most eloquent critics.

0:29.7

He won the Pulitzer Prize in 2007 for alerting the country to the impending financial collapse

0:37.4

that followed.

0:38.4

And now he's written a book called Can American Capitalism Survive?

0:42.3

Why greed is not good?

0:44.6

Opportunity is not equal and fairness won't make us poor.

0:48.2

I sat down with Steve last week on his visit to the Institute of Politics where we talked

0:53.9

about the state of our economy, the state of capitalism, and given his past proclivity

1:00.1

for seeing into the future a disturbingly dark forecast about what might happen in our

1:04.8

economy next.

1:09.7

Steve Pearlstein is great to see you again.

1:12.1

I think the last time I saw you was when I was back in the administration and in the midst

1:17.6

of the economic disaster of the 2000s.

1:25.1

You wrote this book called Can American Capitalism Survive?

1:28.0

Which is a huge question.

1:29.4

I got a lot of stuff to ask you about that.

1:32.9

But first I want to ask you how the son of Habitatias winds up as the economic business

1:44.0

savant of the Washington Post?

...

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