Jonathan begins this episode by discussing Schumpeter's concept of "creative destruction" and the thorny problem of those who, through no fault of their own, lose their jobs because of it. Next, we challenge Orren Boyle's notion of "progressive social policy" by clarifying and historicizing the legislation and reforms of the Progressive Era. Swill milk is the example Jonathan uses to emphasize the importance of Progressive Era legislation and regulation. This brings up the question of the government's role in the affairs of particular firms. Should the government intervene when a new invention will lead to some companies going out of business? When is a company "too big to fail"? Jonathan next addresses the racism apparent in the discussion of Mexico in this scene. The episode ends with an explanation of Wesley Mouch's role and a reflection on the idea that "who you know" is more important than anything else in business and politics.
My five themes to explore in this podcast's close read of Atlas Shrugged are:
Questions or comments? Email me at: socialistreads@gmail.com
Learn more about Jonathan Seyfried at their website, https://jonathanseyfried.art
If you'd like to support my creative work, please visit my Patreon page. (http://patreon.com/jonathanseyfried)
The intro/outro music was composed by John Sib.
The podcast theme image was created by Karina Bialy
Jonathan begins this episode by discussing Schumpeter's concept of "creative destruction" and the thorny problem of those who, through no fault of their own, lose their jobs because of it. Next, we challenge Orren Boyle's notion of "progressive social policy" by clarifying and historicizing the legislation and reforms of the Progressive Era. Swill milk is the example Jonathan uses to emphasize the importance of Progressive Era legislation and regulation. This brings up the question of the government's role in the affairs of particular firms. Should the government intervene when a new invention will lead to some companies going out of business? When is a company "too big to fail"? Jonathan next addresses the racism apparent in the discussion of Mexico in this scene. The episode ends with an explanation of Wesley Mouch's role and a reflection on the idea that "who you know" is more important than anything else in business and politics.
My five themes to explore in this podcast's close read of Atlas Shrugged are:
Questions or comments? Email me at: socialistreads@gmail.com
Learn more about Jonathan Seyfried at their website, https://jonathanseyfried.art
If you'd like to support my creative work, please visit my Patreon page. (http://patreon.com/jonathanseyfried)
The intro/outro music was composed by John Sib.
The podcast theme image was created by Karina Bialy