04: Big Business and the Crisis of American Capitalism

Published: Oct. 26, 2020, 7 a.m.

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American capitalism is in crisis. The U.S. has the most people living in poverty of any developed nation. Meanwhile, the top 1% grows ever-richer as the inequality gap continues to widen. Join Ben and Aaron as they debunk the myth of the free market, explore how big business has exacerbated inequality, and discuss the responsibility companies should have for their social impact.

Sources

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Economic Policy Institute: Top 1.0% of Earners See Wages Up 157.8% Since 1979

Pew Research: 6 Facts About Economic Inequality in the U.S.

U.S. Census Bureau: Income and Poverty in the United States - 2018

MarketWatch: Millions of Americans Are Just One Paycheck Away from ‘Financial Disaster’

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International Monetary Fund: Tackling Tax Havens

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The New York Times: BP to Take $1.7 Billion Charge Over Deep Water Horizon Spill

Feeding America: From Paycheck to Pantry

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