The Intelligence: Workers of the world, delight!
The Intelligence from The Economist
The Economist
4.5 • 3.7K Ratings
🗓️ 4 January 2024
⏱️ 24 minutes
🧾️ Download transcript
Summary
Labour markets are changing in all kinds of ways, thanks to ageing societies, hot-running economies and technological boosts. It all adds up to a golden age for workers. As part of our series on democracy around the world, we examine the coming election in Britain (09:35). And India steps into the single-malt-whisky game with success (17:17).
Sign up for a free trial of Economist Podcasts+. If you’re already a subscriber to The Economist, you’ll have full access to all our shows as part of your subscription. For more information about how to access Economist Podcasts+, please visit our FAQs page or watch our video explaining how to link your account.
Hosted on Acast. See acast.com/privacy for more information.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | The Economist. Hello and I'm Jason Palmer. |
| 0:15.0 | Every weekday we provide a fresh perspective on the events shaping your world. |
| 0:21.0 | Still. your world. Still on our democracy series, but today we're looking a little closer to home. |
| 0:30.0 | Britain will elect a new parliament soon. |
| 0:32.2 | The Conservatives have been in power for 13 consecutive years, |
| 0:36.0 | but could their rule be coming to an end? |
| 0:40.0 | And much of what has been sold as whiskey in India isn't really. |
| 0:45.0 | But now that some distillers are crafting the genuine single malt article, |
| 0:49.0 | it's flying off the shelves and winning awards. First up then. |
| 1:03.0 | Then. |
| 1:04.0 | The mid-2010 |
| 1:10.0 | The mid-2010's were not a good time to be a worker. The world was still recovering from the global financial crisis of 2007 to 2009 |
| 1:20.0 | and some 7% of the labour force in the OECD club of mostly rich countries lack to work. |
| 1:27.0 | The main conclusion is that unemployment is the big issue, that it will remain high. |
| 1:35.0 | And many of those in work had what anthropologist David Greyberg called |
| 1:41.0 | bullshit jobs, jobs with no real purpose. |
| 1:45.1 | Wage growth was weak and income inequality seemed to be rising inexorably. How things change, |
| 1:54.0 | change, nearly a decade on in the rich world, |
| 1:58.0 | workers are now experiencing a golden age. |
| 2:01.0 | Labour markets are changing fundamentally in a way that they haven't changed for a couple of decades. |
| 2:06.0 | Christian Ojendial is the economist European Economics Editor. |
| 2:10.0 | And there are three big changes. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from The Economist, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of The Economist and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.