Is competition killing us?

The Bunker – News without the nonsense

Podmasters

News, Government, Politics, Society & Culture

4.6 • 1K Ratings

🗓️ 25 September 2020

⏱️ 25 minutes

🔗️ Recording | iTunes | RSS

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Summary

Whatever else they argue about, most politicians agree on one thing: competition just makes everything better. But does it? In her new book Competition is Killing Us: How Big Business is Harming Our Society and Planet, Michelle Meagher describes why she quit a job as a market regulator – literally promoting competition – to argue that companies should be made to stop offloading their costs on society, give up obsessing over shareholder value, and make capitalism work for people and the planet. Presented and produced by Andrew Harrison. Assistant producer Jacob Archbold. Music by Kenny Dickinson. Audio production by Alex Rees. THE BUNKER is a Podmasters Production See acast.com/privacy for privacy and opt-out information. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:59.8	K slash claims. James. Daily I'm Andrew Harrison. If there's a single political idea that we've all grown up with
1:14.1	over the past 40-odd years, it's that competition is good. It promotes efficiency, it generates
1:19.2	new ideas and better ways of thinking. It's the invisible ham that makes everything work.
1:23.0	Successive governments at home and abroad have tried to introduce competition everywhere
1:26.6	from telecommunications to utilities to railways to TV production because it brings out the best
1:31.2	use of resources and the best use of resources and the best
1:32.6	of talent for the best outcome. Or does it? My guest today has just
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