Swamp Notes: Corporate America goes Maga
FT News Briefing
Forhecz Topher
4.4 • 1.2K Ratings
🗓️ 18 January 2025
⏱️ 17 minutes
🧾️ Download transcript
Summary
Not long ago, American corporations were promoting racial justice initiatives and promising to combat climate change. That’s all changed in the months since Donald Trump’s election. The FT’s US financial editor Brooke Masters and tech correspondent Hannah Murphy join this week’s Swamp Notes to explain what’s behind this cultural shift.
Mentioned in this podcast:
Is corporate America going Maga?
The cravenness of Mark Zuckerberg
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Swamp Notes is produced by Ethan Plotkin, Sonja Hutson and Katya Kumkova. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Special thanks to Pierre Nicholson.
CREDIT: Joe Rogan Experience
Read a transcript of this episode on FT.com
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Transcript
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| 0:00.0 | We're Equinor, an energy company searching for better. |
| 0:03.0 | Currently, we supply 27% of the UK's gas, 15% of its oil, |
| 0:07.7 | and we're playing our part in the UK's energy transition. |
| 0:11.0 | Our wind farms power 750,000 homes, |
| 0:14.0 | and we expect that to grow to over 7 million. |
| 0:16.5 | Last year, we invested 20% of our global growth spend in renewables |
| 0:20.1 | and lower carbon solutions. |
| 0:22.0 | We plan to increase that to 50% by 2030. |
| 0:25.4 | We're an energy company searching for better. |
| 0:28.4 | equinore.com.uk. |
| 0:31.7 | Meta CEO Mark Zuckerberg recently went on Joe Rogan's podcast and shared some choice words about the workplace. |
| 0:40.6 | I do think the corporate culture sort of had swung towards being this somewhat more |
| 0:46.8 | neutered thing. The kind of masculine energy, I think, is good. Obviously obviously, you know, society has plenty of that. |
| 0:54.8 | But I think corporate culture was really, like, trying to get away from it. |
| 0:59.7 | It's a big rhetorical shift for someone who used to promote progressive initiatives. |
| 1:05.3 | And he's hardly the only major CEO changing his tune. |
| 1:15.3 | Yeah. the only major CEO changing his tune. This is Swamp Notes, the weekly podcast from the FT News briefing, where we talk about all of the things happening in U.S. politics. |
| 1:23.0 | I'm Sonia Hudson. |
| 1:24.7 | And this week we're asking, how is corporate America's conservative shift playing out? |
| 1:29.9 | And is it here to stay. Here with me to discuss is Brooke Masters. She's the FTs U.S. |
| 1:35.3 | financial editor. Hi, Brooke. Hi. And we've also got Hannah Murphy, the FTs tech reporter based |
| 1:41.7 | in San Francisco. Hi, Anna. Hello, hello. |
... |
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