4.8 • 607 Ratings
🗓️ 20 April 2025
⏱️ 167 minutes
🧾️ Download transcript
In this conversation…
It’s the best system we’ve tried so far! It’s just human nature! It’s the force that drives innovation! …or is it? What if capitalism isn’t pushing us forward anymore, but holding us back from the future that we could have? Diabolical Lies investigates.
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0:00.0 | Today's episode of Diabolical Lies was brought to you by President Eisenhower's kink for covert |
0:05.7 | ops. Senator Joseph McCarthy's therapist, every grindset bro on Twitter who uses socialism as a |
0:12.1 | catch-all term for things they don't like or understand, and the Communist Manifesto. |
0:18.6 | Caroline, before we get started today, I think an episode about capitalism would be an appropriate |
0:24.3 | time to formally announce our very fancy business plan. |
0:29.8 | Yeah, so when we started this podcast, we knew from the jump that we wanted it to be |
0:34.2 | funded by subscribers rather than by advertisers. |
0:39.5 | So that was kind of part one of our financial foundation setting of this company that I think in the long run, you and I do want to be |
0:45.1 | our source of main income. So I think that we had this challenge of like, how do we build a |
0:49.3 | profitable business that we feel like we'll continue to grow and we'll provide us stability as we |
0:53.3 | do this research, |
0:59.7 | but how do we also make it new? And so part one was having it be fully subscriber funded so that we're not taking corporate money. And part two is something that we've alluded to once or twice |
1:04.5 | in the past, which is that we wanted to find a way to redistribute a certain portion of our funds |
1:10.0 | in the most effective way possible. |
1:12.0 | And so what we agreed to in the jump before doing any research or figuring out how we would do |
1:16.6 | it was that... And before we had any money? |
1:18.9 | And before we had any money was that we were going to split it up by thirds, where with net profits, |
1:23.6 | you get a third, I get a third, and a third of it, we give back. And so it has been a long journey |
1:29.1 | of us trying to figure out how to do that in America. It's not necessarily easy to figure out |
1:33.5 | how to do that with taxes. And so we have finally gotten to the point where we feel pretty |
1:38.1 | comfortable figuring out how we're going to do that. And so moving forward, we can guarantee |
1:41.9 | that at the bare minimum, a third of our net profits will always go towards redistribution. |
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