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Plain English with Derek Thompson

Trumponomics Explained, Part 2: The Enshittification of American Power

Plain English with Derek Thompson

The Ringer

News Commentary, News

4.81.8K Ratings

🗓️ 5 September 2025

⏱️ 50 minutes

🧾️ Download transcript

Summary

In the second of our two-episode series on Donald Trump, economics, and power, we talk to Henry Farrell, a professor of political science at Johns Hopkins. Farrell has written extensively on how the United States has in the last few years weaponized its economic power to force other countries to do its bidding, through sanctions or the freezing of bank accounts. Today, we consider the many ways that Trump has weaponized the office of the presidency against American interests and how his authoritarian style matches up against China as both countries race toward superintelligence. If you have questions, observations, or ideas for future episodes, email us at [email protected]. Host: Derek Thompson Guest: Henry Farrell Producer: Devon Baroldi Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

As the 21st century was getting underway, Hollywood released a series of films that were daring, entertaining, and absolutely unmissable.

0:09.0

Films like, 25th Hour, Bring It On, Zodiac, and No Country for Old Men.

0:15.0

They arrived during the George W. Bush era, a chaotic time in America.

0:19.0

Think 9-11, Katrina, the mortgage crisis. After the Bush era, a chaotic time in America. Think 9-11, Katrina, the mortgage crisis. After the Bush

0:24.5

years, the country would never be the same, and neither would Hollywood. I'm Brian Raftery,

0:31.9

and in my new limited series, Mission Accomplished, we're going to dive into some of the biggest

0:35.9

movies of the Bush years, and look at what they said about the state of the nation.

0:39.3

We'll go behind the scenes with filmmakers and experts

0:42.3

and relive some of your favorite movies from the early 2000s,

0:45.3

from Donnie Darko to Michael Clayton, from Anchorman to Iron Man.

0:49.3

So slip on your sketchers, dig out your old Nokia,

0:52.3

and join me from Mission Accomplished, starting August 12th on the big picture feat.

1:01.8

Today, part two in our series, What is Trumponomics?

1:09.0

In 2022, the writer Corey Doctor O coined the term

1:12.8

and shittification.

1:14.9

To describe the process by which companies seeking to make their products more profitable,

1:19.8

invariably made them more shitty.

1:22.6

So companies would begin with this high-minded promise

1:25.2

to build something unprecedentedly fantastic.

1:28.5

But the motivation to shake every last penny out of the product would degrade the customer

1:33.1

experience over time. So you think of an app that you loved that used to be ad-free, for example,

1:37.8

that's now festooned with pop-ups and prompts and emails begging you to upgrade, upgrade,

...

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