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Jacobin Radio

Weekends: How COVID Shook the World's Economy w/ Adam Tooze

Jacobin Radio

Jacobin

Politics, History, News

4.71.6K Ratings

🗓️ 14 September 2021

⏱️ 118 minutes

🧾️ Download transcript

Summary

Economist Adam Tooze joins Weekends to discuss how the economic crisis brought on by the pandemic differs from prior economic crashes, how elites have responded to the pandemic, and how COVID might shape the future development of China’s political and economic power.


Weekends with Ana Kasparian and Nando Vila features free-flowing and humorous commentary on current events and political strategy. This is the podcast version of the show from September 10, 2021.


Verso book club: https://www.versobooks.com/bookclub


Music provided by Zonkey: https://linktr.ee/zonkey


Patreon: https://www.patreon.com/jacobinmag


Transcript

Click on a timestamp to play from that location

0:00.0

What is up everyone? You're watching Weekends with Anna Casparian and Nando Vila. Nando is not an L.A. He's in Miami living it up. Nando, how are you?

0:26.0

I'm sourcing down Gayeocha, you know, that's how we do it in Miami every single day. Every single day that's what it's all about. But I don't have my books behind me. I don't have my trusted wall of books to make me look smart. I'm at my mother's house.

0:40.0

Nice. Nice. Do we have to have a wall of books behind us to sound smart or look smart? I do. I don't. I doubt it. I doubt you do. I listen to most of your content via audio podcast.

0:54.0

That's true. Yeah. You guys sound pretty damn smart. If you want to listen to my non-smart podcast, you can listen to my entourage podcast, which is incredibly stupid. Are you still doing it? We just restarted it. I started it with a new co-host. By the way, who's also Armenian? I'm like, I told him I won't point out in the middle of an episode I realized I was like, I do two shows and both of my co-hosts are Armenian. What are the chances? What's his name?

1:23.0

Greg Manazion. Yeah, definitely Armenian. Minas Young. That's like as Armenian as you can get. That's awesome. Well, we've got a pretty fantastic show for you. Today is, of course, the 20th anniversary of for lack of a better word of the tragic events of 9-11. So Nando will be talking about that. I'm going to talk about monopolies in the context of the pharmaceutical industry. And there will be.

1:52.0

And there will be a guest appearance in my decode segment from Manchin's own daughter, not in the flesh, but we'll be talking about her. Because she was the CEO of Milen Pharmaceuticals as she conspired to essentially create a monopoly for the EpiPen.

2:09.0

So I'll talk about that and also the whole notion about competition and how it's allegedly a good thing for proponents of capitalism, but not necessarily.

2:20.0

And later we're going to interview Adam Toos about COVID shutdowns. We're going to talk about the economic impact of all of that and more. So I'm really looking forward to it.

2:31.0

As always, please send us your super chats throughout the show and we'll get to them after our interview with Toos. I'm really looking forward to hearing what you guys have to say or any of the questions you might have to ask us.

2:43.0

But Nando, do you want to get started with a little discussion about what Biden did yesterday in regard to the candidates? Let's do it.

2:51.0

What did he do? What did Biden do?

2:53.0

Well, look, I got to be honest, I was actually pretty surprised with Biden's willingness to cite an executive order on vaccine mandates.

3:04.0

Now, there are some limitations to this mandate. It doesn't, it's not a blanket mandate for everybody. So let me give you the details.

3:11.0

So President Joe Biden announced his executive order requiring federal employees and also companies that do contracted work with the federal government to get vaccinated within the next 75 days.

3:23.0

There are exceptions for people who might have health concerns as a result of the vaccine or people who might have religious reasons for not getting the vaccine.

3:33.0

But outside of that, everyone in the federal government, every employee and and contracted workers for the federal government are expected to get vaccinated in 75 days.

3:43.0

Here's Biden talking about it during his press conference to announce this executive order.

3:49.0

We'll cite an executive order that will now require all executive branch federal employees to be vaccinated all.

3:57.0

I've signed another executive order that will require federal contractors to do the same.

4:03.0

If you want to work with the federal government and do business to this, get vaccinated.

4:09.0

If you want to do business with the federal government, vaccinate your workforce.

4:14.0

And tonight, I'm removing one of the last remaining obstacles that make it difficult for you to get vaccinated.

...

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