49sec snip

The Fifth Column cover image

#419 - In Defense of Capitalism...and Sweden's Covid Response (w/ Johan Norberg)

The Fifth Column

NOTE

The impact of unionization and global competition on job production and retraining

The heavily unionized workforce in this place caused production costs to be higher than anywhere else, including the American South. They were overconfident and didn't care about competition until Japan and China entered the global economy and introduced better production methods. However, there are still challenges in retraining workers for new jobs, which is more of a social policy issue.

00:00

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