Harris vs. Trump: Economics Beyond The "Vibes"
Capitalisn't
University of Chicago Podcast Network
4.5 • 584 Ratings
🗓️ 3 October 2024
⏱️ 41 minutes
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| 0:00.0 | I'm Bethany McLean. |
| 0:03.7 | Did you ever have a moment of doubt about capitalism and whether greed's a good idea? |
| 0:08.9 | And I'm Luigi Zengalis. |
| 0:10.3 | We have socialism for the very rich, rugged individualism for the poor. |
| 0:15.7 | And this is Capital Isn't, a podcast about what is working in capitalism. |
| 0:19.7 | First of all, tell me, is there some society you know that doesn't run on greed? |
| 0:24.2 | And most importantly, what isn't? |
| 0:26.2 | We ought to do better by the people that get left behind. |
| 0:29.1 | I don't think we shouldn't kill the capital system in the process. |
| 0:32.5 | As everyone knows, there is an election coming up soon. |
| 0:35.4 | We thought it would be important to look at the |
| 0:37.8 | economic proposals that the two candidates are putting forward through our unique lengths. Which |
| 0:43.6 | of their proposals are capital ease and which are our capital isn't? Of course, this is a challenging |
| 0:50.5 | exercise in several respects. As a friend of mine said, both candidates are running on |
| 0:55.5 | vibes more than specific proposals. What makes this discussion particularly urgent and particularly |
| 1:01.4 | interesting is that neither candidate is espousing a traditional Republican or democratic point |
| 1:08.0 | of view. Take tariffs before the Trump presidency. |
| 1:12.2 | Tariffs were pretty much a no-no for Republicans, |
| 1:15.4 | I think since Herbert Hoover, and we're talking 90 years ago. |
| 1:20.9 | Trump levied tariffs on thousands of products valued approximately $380 billion in 2018 and 19, |
| 1:27.8 | and the Biden administration, rather than lifting those tariffs, has kept them in place. |
| 1:32.4 | And in May 24, announced new tariff hikes on additional $18 billion of Chinese goods, |
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