Ralph Nader's Capitalism
Capitalisn't
University of Chicago Podcast Network
4.5 • 584 Ratings
🗓️ 11 April 2024
⏱️ 49 minutes
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| 0:00.0 | My basic two reforms are subordination under the Constitution of corporate rights to human rights. |
| 0:08.2 | And the second is to, and this is the most important, is to strengthen local business. |
| 0:16.7 | I'm Bethany McLean. |
| 0:18.5 | Did you ever have a moment of doubt about capitalism and whether greed's a good idea? |
| 0:23.7 | And I'm Luigi Zengalis. |
| 0:25.1 | We have socialism for the very rich, rugged individualism for the poor. |
| 0:30.6 | And this is Capital Isn't, a podcast about what is working in capitalism. |
| 0:34.6 | First of all, tell me, is there some society you know that doesn't run on greed? |
| 0:39.3 | And most importantly, what isn't? |
| 0:41.3 | We ought to do better by the people that get left behind. |
| 0:43.3 | I don't think we should have killed the capital system in the process. |
| 0:47.3 | As our loyal listeners know, it capital isn't, we distinguish between positions that are pro-capitalists, which we call pro-business, and positions that are pro-capitalists, which we call pro-business, and positions |
| 0:55.0 | that are pro-capitalism, which we label pro-market. Sometimes the two positions are sufficiently aligned |
| 1:01.0 | such that it's difficult to distinguish them. Other times, they are so far apart that it's impossible |
| 1:06.2 | to miss the difference. If there is one person who at least in the popular conception cannot be accused of |
| 1:12.5 | being pro-business, that's Ralph Nader, the consumer advocate who has transformed America. |
| 1:18.0 | Just recently, he published a book entitled The Rebellious CEO, where he celebrates some of the |
| 1:23.6 | benefits of the free enterprise system. While he never held public office, Nader was repeatedly considered one of the most influential |
| 1:31.9 | people in America during the last 60 years. Yes, you heard well 60, because Nader just |
| 1:39.0 | turned 90 at the end of February. It was back in 1965 that Ralph Nader became famous with his first book, Unsafe at Any Speed, |
| 1:47.3 | which was a fierce critique of the safety record of the American car industry, and particularly |
| 1:52.1 | of General Motors. |
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