The Phoebus Cartel

Everything Everywhere Daily

Gary Arndt

History, Education

4.8 • 1.8K Ratings

🗓️ 21 November 2025

⏱️ 15 minutes

🔗️ Recording | iTunes | RSS

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Summary

Companies that sell products to the public have to follow a fine line. On the one hand, they need to sell stuff to make money, and the way they do that is by making a good product. However, if their product is too good, then people might not need to buy it again, or at least not for a long time. Almost 100 years ago, a consortium of industrialists plotted to make their products worse just so people would buy more of them. Learn more about the Phoebus Cartel and planned obsolescence on this episode of Everything Everywhere Daily. Sponsors Quince Go to quince.com/daily for 365-day returns, plus free shipping on your order! Mint Mobile Get your 3-month Unlimited wireless plan for just 15 bucks a month at mintmobile.com/eed Stash Go to get.stash.com/EVERYTHING to see how you can receive $25 towards your first stock purchase. Newspaper.com Go to Newspapers.com to get a gift subscription for the family historian in your life! Subscribe to the podcast! https://everything-everywhere.com/everything-everywhere-daily-podcast/ -------------------------------- Executive Producer: Charles Daniel Associate Producers: Austin Oetken & Cameron Kieffer Become a supporter on Patreon: https://www.patreon.com/everythingeverywhere Discord Server: https://discord.gg/UkRUJFh Instagram: https://www.instagram.com/everythingeverywhere/ Facebook Group: https://www.facebook.com/groups/everythingeverywheredaily Twitter: https://twitter.com/everywheretrip Website: https://everything-everywhere.com/ Disce aliquid novi cotidie Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Companies that sell products to the public have to follow a fine line.
0:04.0	On the one hand, they need to sell stuff to make money, and the way they do that is by making a good product.
0:09.0	However, if their product is too good, then people might not need to buy it again, or at least for a very long time.
0:16.0	Almost a hundred years ago, a consortium of industrialists tried to solve this problem by plotting to make their
0:21.7	products worse just so people would buy more of them. Learn more about the Phoebus cartel and
0:27.7	planned obsolescence on this episode of Everything Everywhere Daily. Overwhelmed by investing.
0:47.0	If you're anything like us, the hardest part is getting started.
0:50.1	That's why we created the Investing for Beginners podcast.
0:53.0	Our goal is to help simplify money so it can work for you.
0:56.5	We invite guests to demystify investing.
0:59.0	At least like the minimum 10% into the 401k.
1:03.2	I'm Dave Ahern.
1:04.5	And I'm Andrew Saither.
1:06.3	And we hope you join us on the Investing for Beginners podcast.
1:09.6	On the Investing for Beginners podcast. On the Investing for Beginners podcast.
1:14.7	As a podcaster, I'm often asked what podcasts I listen to.
1:18.4	One of the shows I subscribe to and listen to every week is The Jordan Harbinger Show.
1:22.6	The Jordan Harbinger Show is the top podcast that was named Best of Apple in 2018.
1:27.6	One of my recent favorite episodes from this summer was the interview he did with
1:30.9	Atossa Araksa Abrahemian, who explained how wealthy people can buy second passports overseas.
1:36.2	On the show, Jordan dives into the minds of fascinating people, including everyone from
1:40.5	athletes, authors, scientists, mobsters, spies, and hostage negotiators.
	...

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