One-Click America with Alec MacGillis
Why Is This Happening? The Chris Hayes Podcast
MS NOW, Chris Hayes
4.6 • 9.1K Ratings
🗓️ 23 March 2021
⏱️ 59 minutes
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| 0:00.0 | I mean, they are probably the biggest winner from the pandemic, right? |
| 0:03.6 | Yes, they are. I mean, the sales were already huge, but they're up 40% year over year. |
| 0:07.7 | And stock went up 86%. |
| 0:10.2 | Basel's personal wealth increased 58 billion in one year, 500,000 more workers, |
| 0:16.9 | 50% more warehouse space in just a year. |
| 0:20.0 | It is just on an order we can't even really conceive of. |
| 0:23.2 | And it's, I gotta say, it has been striking to me just the |
| 0:27.0 | alacrity with which a lot of us embrace this new existence, the one-click existence. |
| 0:37.9 | Hello, and welcome to Wise is Happening with me, your host, Chris Hayes. |
| 0:45.7 | You know, when you think about the Guilded Age in American life, |
| 0:48.6 | when you think about the periods say 1870 to the First World War, they're about, |
| 0:55.2 | you may or may not be that familiar with that period of American history. |
| 0:58.5 | It's a fascinating period of American history. |
| 1:00.7 | And there's a lot going on. |
| 1:02.2 | The two big things I think that we tend to think about our massive industrialization, |
| 1:06.2 | you start having factories and the things that look like a modern industrial life. |
| 1:12.0 | You start getting what look like sort of recognizably modern cities. |
| 1:16.7 | And you also have this incredible concentration of wealth in what we're at the time |
| 1:22.5 | called robberbearans, more sympathetically called captains of industry. |
| 1:26.4 | And you think about Carnegie or Rockefeller and the like. |
| 1:31.0 | And, you know, the way that those robberbearans made their money, |
| 1:36.0 | the way that you make super, super, super, super psycho money in capitalism is to |
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