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Companies can't self-regulate their way to inclusive capitalism (with Katie Bach)

Companies can't self-regulate their way to inclusive capitalism (with Katie Bach)

FromPitchfork Economics with Nick Hanauer


Companies can't self-regulate their way to inclusive capitalism (with Katie Bach)

FromPitchfork Economics with Nick Hanauer

ratings:
Length:
39 minutes
Released:
Apr 26, 2022
Format:
Podcast episode

Description

In 2019, a group of business leaders signed a high-profile pledge promising that they would voluntarily move toward a more inclusive stakeholder-focused version of capitalism. But throughout the pandemic, those same companies reported record profits while workers were left behind. Brookings Institute Senior Fellow Katie Bach walks us through her new report examining the pandemic labor practices of 22 companies, spanning nearly every sector, and employing more than 7 million frontline workers. 

Katie Bach is a Nonresident Senior Fellow at the Brookings Institute and the CBO of &pizza.

Twitter: @kathrynsbach

As shareholder wealth soared, workers were left behind https://www.brookings.edu/research/profits-and-the-pandemic-as-shareholder-wealth-soared-workers-were-left-behind 

Website: http://pitchforkeconomics.com/
Twitter: @PitchforkEcon
Instagram: @pitchforkeconomics
Nick’s twitter: @NickHanauer
Released:
Apr 26, 2022
Format:
Podcast episode

Titles in the series (100)

Any society that allows itself to become radically unequal eventually collapses into an uprising or a police state—or both. Join venture capitalist Nick Hanauer and some of the world’s leading economic and political thinkers in an exploration of who gets what and why. Turns out, everything you learned about economics is wrong. And if we don’t do something about rising inequality, the pitchforks are coming.