Behind the Money

Are big corporate profits to blame for inflation?

Jul 20, 2022

18:51

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Highlights

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Episode notes

Are Politicians Just Responding to Demands From the Public?

02:15

Is There a Windfall Tax?

02:21

Corporate Profits

01:51

Introduction

3min

Corporate America and the New Politics of Profit

3min

Are Politicians Just Responding to Demands From the Public?

2min

Are Corporate Profits Causing Inflation?

3min

Corporate Profits

2min

Is There a Windfall Tax?

2min

Does the Social Responsibility of Business Extend to Making Products Affordable to the Average Consumer?

2min

The Heat Will Rise as We Get Closer to the Midterm Elections

2min

Greedflation. Price gouging. Pandemic profiteering. What happens when turning a profit is considered a bad thing? In this week’s episode, the FT’s US business editor Andrew Edgecliffe-Johnson explains how a new message around corporate profits is resonating with the American public and causing headaches for executives.

Clip courtesy of Bloomberg

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For further reading:

US companies face rising battle to fend off vilification over ‘excess’ profits

Joe Biden blasts Chevron chief as ‘sensitive’ after fuel-price criticism

The war on ‘woke capitalism’

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On Twitter, follow Andrew Edgecliffe-Johnson (@Edgecliffe) and Michela Tindera (@mtindera07)

Read a transcript of this episode on FT.com

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