New Books in Economic and Business History cover image

New Books in Economic and Business History

Benjamin C. Waterhouse on "One Day I'll Work for Myself: The Dream and Delusion That Conquered America"

Aug 12, 2024
Benjamin Waterhouse, a history professor at the University of North Carolina at Chapel Hill, delves into the rise of self-employment in America post-1970s. He critiques the romanticized notion of entrepreneurship, discussing how economic limitations often drive people to start businesses. Waterhouse also examines the impact of societal pressures on small business ownership and the misrepresentation surrounding it. Additionally, he teases an upcoming podcast focusing on the political and cultural shifts of the 1990s. It's a thought-provoking discussion that challenges the American Dream.
01:25:35

Podcast summary created with Snipd AI

Quick takeaways

  • The idealization of self-employment in America since the 1970s often overlooks the economic necessity driving many individuals towards it.
  • Discussion highlights the misconception that small businesses are the main job creators, revealing significant job losses associated with them.

Deep dives

The Ideals of Entrepreneurship and Innovation

The concept of entrepreneurship and innovation has seen significant evolution, shaped largely by cultural and historical contexts. Initially hailed as the linchpin for economic growth, these terms have often lost their meaning due to overuse and the questionable context in which they are applied. In examining the narratives surrounding these concepts, it becomes evident that they are frequently employed to suggest that individual effort alone is sufficient for success, thereby overlooking systemic factors like economic inequality and the limitations faced by many individuals. This framing often serves to distract from broader economic issues and reinforces existing power dynamics.

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode