AI Snips
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Transcript
Episode notes
Cracked Reunion
- Robert Evans, Michael Swaim, and Abe Epperson reminisce about their shared past at Cracked, a comedy website.
- They previously discussed L. Ron Hubbard and now turn their attention to Jack Welch.
Capitalism's Golden Age
- Post-World War II capitalism offered a better deal for U.S. workers, with rising living standards and wealth.
- This "Golden Age" was, however, built upon exploitation of other countries and their resources.
New Deal Impact
- The New Deal era saw increased regulation and social welfare policies, leading to significant economic growth and reduced inequality.
- Companies prioritized customers and employees over shareholders, as exemplified by Johnson & Johnson's 1943 credo.