The Hidden Threat to American Capitalism, Explained by Andrew Puzder

The Daily Signal Podcast

The Daily Signal

News, Government, Politics, Daily News

4.6 • 1.2K Ratings

🗓️ 26 January 2025

⏱️ 31 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

President Donald Trump appointed Andy Puzder ambassador to the European Union this past week. But before he heads to Brussels, Puzder is warning about the left-wing scourge of stakeholder capitalism. As the former chief executive of CKE Restaurants, a major fast food corporation operating Carl’s Jr. and Hardee’s, Puzder knows what it takes to run a successful business. That’s why he’s so alarmed at the trends he’s witnessing in corporate America. He spoke to The Daily Signal about his new book, “A Tyranny for the Good of its Victims: The Ugly Truth about Stakeholder Capitalism.” In this episode, we cover: • How BlackRock, Vanguard, and State Street accumulated unprecedented control over U.S. corporations • The real meaning behind ESG policies and their impact on American business • Why major brands are adopting policies that seem to conflict with their customer base • The effectiveness of consumer boycotts against woke corporate policies • Capitalism’s historic role in reducing global poverty Purchase your copy of “A Tyranny for the Good of Its Victims” on Amazon: https://amzn.to/4ayJ1gZ Keep Up With The Daily Signal Sign up for our email newsletters: https://www.dailysignal.com/email Subscribe to our other shows: The Tony Kinnett Cast: https://www.dailysignal.com/the-tony-kinnett-cast Problematic Women: https://www.dailysignal.com/problematic-women The Signal Sitdown: https://www.dailysignal.com/the-signal-sitdown Follow The Daily Signal: X: https://x.com/DailySignal Instagram: https://www.instagram.com/thedailysignal/ Facebook: https://www.facebook.com/TheDailySignalNews/ Truth Social: https://truthsocial.com/@DailySignal YouTube: https://www.youtube.com/user/DailySignal Rumble: https://rumble.com/c/TheDailySignal Thanks for making The Daily Signal Podcast your trusted source for the day’s top news. Subscribe on your favorite podcast platform and never miss an episode. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:31.6	Why would family-friendly brands like Disney or Target or a brand like Anheiser
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0:39.0	drinking guys. Why would they advance the transgender agenda? I mean, for their business,
0:45.0	it just doesn't make any sense.
0:51.4	Welcome to our special interview edition of the Daily Signal podcast for Sunday, January 26th. I'm your host, Rob
0:58.4	Louie. And those are the words of Andy Puzzder. He's the former CEO of a major fast food corporation,
1:04.9	an author of a new book, A Tyranny for the Good of Its Victims, the Ug ugly truth about stakeholder capitalism. And in just the
1:13.0	past few days, Puzter was picked by President Donald Trump to serve as ambassador for the European
1:18.6	Union. Well, I didn't get to ask him about that, but we had a great conversation about his book.
1:23.8	I spoke to Andy about the dangers of stakeholder capitalism and why all of us are
1:28.5	victims of this left-wing scourge. Stay tuned for our interview right after this.
1:34.4	Andy Puzzter, it's good to see you. Welcome back to The Daily Signal. Great to be here, Rob.
1:37.8	Thank you for having me. You're out with a new book, a tyranny for the good of its victims
1:41.9	about stakeholder capitalism. It is a topic that
1:44.9	years ago, probably most Americans had never heard about. But obviously, it has grown
1:50.0	insignificance. Not a good thing. And your book is a warning about the consequences of what
	...

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