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Podcast: Decoder with Nilay Patel
Episode: Recode Decode: The ‘bad ideas’ that broke American capitalism
Description: Washington Post economics columnist Steven Pearlstein talks with Recode's Kara Swisher about his new book, "Can American Capitalism Survive?: Why Greed Is Not Good, Opportunity Is Not Equal, and Fairness Won’t Make Us Poor." In this episode: (01:57) Why Pearlstein wrote the book; (7:02) "We're not doing as well as we think we are."; (8:46) Is tech different from the rest of the economy?; (12:26) CEO salaries; (17:11) The "natural monopolies" of tech and how to break up Amazon; (23:07) Income inequality and the myth of "equal opportunity"; (28:27) Universal Basic Income and the middle class; (34:10) Why unions broke and how to reintroduce them; (38:38) Government is...