4.8 • 1.9K Ratings
🗓️ 26 April 2023
⏱️ 23 minutes
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Capitalism and culture
Akimbo is a weekly podcast created by Seth Godin. He's the bestselling author of 20 books and a long-time entrepreneur, freelancer and teacher.
You can find out more about Seth by reading his daily blog at seths.blog and about the podcast at akimbo.link.
To submit a question and to see the show notes, please visit akimbo.link and press the appropriate button.
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0:00.0 | What do birth control, pop music, and air conditioning have in common? |
0:08.0 | Hey, it's Matt, and this is a special archived episode of a Kimbo. |
0:18.0 | For more than 20 episodes, we've been talking about bending the culture. |
0:23.0 | In this special Labor Day episode of a Kimbo, |
0:27.0 | I want to talk about the most efficient culture bending device ever created. |
0:33.0 | Capitalism. |
0:35.0 | Now, it's not clear whether all of the many changes in our culture over the last 200 years were caused by capitalism, |
0:44.0 | or whether capitalism benefited from the fact that we live in a changeable culture, |
0:51.0 | but one thing is undeniably true. |
0:54.0 | A ratchet exists. |
0:56.0 | That what capitalism does for all its flaws, for all its errors, for all the people left behind, |
1:03.0 | what capitalism does is enable a forward ratchet. |
1:08.0 | It turns out that when you give a solar flashlight to people who are used to living in the dark, |
1:15.0 | it will create more demand for more solar power. |
1:20.0 | Productivity increases lead to demand for more productivity. |
1:25.0 | Availability of good tasting espresso leads to a demand for more good tasting espresso. |
1:33.0 | And what capitalism does is mobilize itself around those demands. |
1:40.0 | So air conditioning has rewritten the history of mankind. |
1:45.0 | There are entire swaths of the world that are now fully functioning year-round, |
1:52.0 | simply because someone can work in 70-degree comfort instead of sweltering in 100-degree heat. |
2:01.0 | How did the air conditioning get there? |
2:04.0 | While there may be side effects unintended or intended of the air conditioning, |
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