

Noel King on ‘Today, Explained: Blame Capitalism’
24 snips Sep 9, 2023
Journalist and co-host of ‘Today, Explained’ podcast, Noel King, joins Larry to discuss their new special series on capitalism. They explore political divisions in economic philosophy, America's changing views on democracy and capitalism, the shareholder mentality, rise in property and education costs, and the future of capitalism.
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Economy Jargon Obscures Truth
- Economic discussions often use confusing jargon that obscures understanding for the public.
- This benefits those running the economy as many people don't fully grasp how it truly works.
Authoritarianism Rises From Crisis
- Authoritarian ideas gain momentum when democracy and capitalism falter.
- People seek confident leaders promising to restore jobs and security amid economic crisis.
Capitalism vs. Socialism Reframed
- The terms capitalism and socialism became politicized post-2008, simplifying complex systems.
- Capitalism was redefined as pro-small business, while socialism was framed as a threat by opponents.