The Lincoln Project We Are Better Off Today Than We Were Four Years Ago with Ron Insana
Mar 8, 2024
Exploring the future of the American economy, technological advancements, and historical memory. Analyzing the economic landscape post-pandemic, contrasting the US and China economies. Discussing global economic implications of China and Russia, consumerism, and technological evolution. Delving into longevity innovations, generational perspectives, and the importance of historical memory in shaping a better future.
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Post-Material Anxiety
- Americans have largely solved material necessity, leading to a sense of unease.
- Elevated prices and inflation contribute to this anxiety, despite positive economic indicators like low unemployment.
Corporate Pricing Power
- Corporations are raising prices because they can, not just to account for inflation.
- This maintains expanded profit margins and benefits shareholders at the expense of consumers.
Stakeholder Capitalism
- Ron Insana advocates for stakeholder capitalism over shareholder capitalism.
- Companies should consider employees, customers, and communities, not just profits.