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Capitalisn't

University of Chicago Podcast Network

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Is capitalism the engine of destruction or the engine of prosperity? On this podcast we talk about the ways capitalism is—or more often isn’t—working in our world today. Hosted by Vanity Fair contributing editor, Bethany McLean and world renowned economics professor Luigi Zingales, we explain how capitalism can go wrong, and what we can do to fix it. Cover photo attributions: https://www.chicagobooth.edu/research/stigler/about/capitalisnt. If you would like to send us feedback, suggestions f ...
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Not Another Politics Podcast

University of Chicago Podcast Network

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With all the noise created by a 24/7 news cycle, it can be hard to really grasp what's going on in politics today. We provide a fresh perspective on the biggest political stories not through opinion and anecdotes, but rigorous scholarship, massive data sets and a deep knowledge of theory. Understand the political science beyond the headlines with Harris School of Public Policy Professors William Howell, Anthony Fowler and Wioletta Dziuda. Our show is part of the University of Chicago Podcast ...
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Entitled

University of Chicago Podcast Network

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Rights matter, but conversations about rights can be polarizing, confusing and frustrating. Lawyers and law professors Claudia Flores and Tom Ginsburg have traveled the world getting into the weeds of global human rights debates. On Entitled, they use that expertise to explore the stories and thorny questions around why rights matter and what’s the matter with rights. Entitled is produced with the support of University of Chicago Law School and Yale Law School, and is part of the award winni ...
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Hello listeners, we're taking a much-needed spring break here at the podcast, but we want to re-share one of our episodes that has become increasingly salient. One of the defining features of the Trump administration so far is its entanglement with the courts. The legality or illegality of many of its actions are currently being decided by federal …
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What happens when the country that helped design the international human rights system starts to dismantle it? In this episode, we speak with the former president of the U.N. General Assembly, Ambassador Dennis Francis, about the growing threats to global cooperation and human rights—from authoritarian drift, to shrinking U.S. commitments, to risin…
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All too often, capitalism is identified with the for-profit sector. However, one organizational form whose importance is often overlooked is nonprofits. Roughly 4% of the American economy, including most universities and hospital systems, are nonprofit. One prominent nonprofit currently at the center of a raging debate is OpenAI, the $300 billion A…
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Led by the Trump administration and Elon Musk’s DOGE, Americans are debating once again how our government should hire civil servants, but are we asking the right questions? In this episode, we dive into a compelling new study on the Pendleton Act, one of the most significant bureaucratic reforms in U.S. history, which introduced merit-based civil …
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Silicon Valley’s traditionally Democratic tech leaders are turning toward President Donald Trump, but are the reasons as straightforward as lower taxes and favorable regulations? Perhaps not, if we consider the influence of a convoluted political philosophy called the “Dark Enlightenment.” Washington and Silicon Valley power players, including Vice…
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Infrastructure in the U.S. now costs dramatically more than in countries like Germany or Croatia—without clear signs of higher quality or better environmental outcomes. Why has infrastructure spending spiraled out of control? Could democracy itself—through litigation, regulations, and empowered citizen voices—be driving costs sky-high? George Washi…
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What happens when the government turns the law into a weapon? In these first few months of the second Trump administration human rights advocates, legal scholars, and university leaders are warning of a political landscape where funding is slashed, free speech is chilled, and legal institutions are bent to serve those in power. From defunding human…
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In President Donald Trump's recent joint address to Congress, he said, "To unshackle our economy, I have directed that for every one new regulation, ten old regulations must be eliminated." Elon Musk, whom Trump has assigned to execute this vision, has argued that it is time to get rid of all regulations, or as Musk said, “regulations, basically, s…
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In elections across democracies, we assume voters cast ballots for candidates whose policies align with their interests. But what happens when that's not the case? This week, we unpack a political puzzle from Japan: the Liberal Democratic Party (LDP) keeps winning elections despite voters consistently rejecting their policies. Through groundbreakin…
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Skyrocketing costs of attendance, declining enrollment, the advent of artificial intelligence, campus debates about free speech, and a crackdown on diversity initiatives: Today's universities are in a pickle. Adding to this pickle are President Trump's threats and actions on slashing research funding — the financial lifeline of modern universities.…
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What happens when a political outsider takes power and shakes up the system? In this episode, we look at a fascinating case study that reveals how leaders outside the establishment build loyalty, push their agendas, and change the political landscape. Political scientist Renard Sexton discusses his paper “Deadly Populism: How Local Political Outsid…
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“Homeownership is the American Dream.” This saying is so ingrained in our zeitgeist that most Americans don't even pause to question it. However, according to the Black Knights Home Price Index, the average US home price increased nearly 80% from April 2015 to April 2023. Census data reveals that the median household income only increased by 4% dur…
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There’s a real-world experiment in governance happening that you’ve probably not heard about. It involves decentralized autonomous organizations (DAOs). These online collectives are trying to run billion-dollar enterprises using direct democracy and a controversial mechanism known as “liquid democracy”—where you can delegate your vote to anyone, at…
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This week, Elon Musk—amidst his other duties of gutting United States federal government agencies as head of the “Department of Government Efficiency” (DOGE)—announced a hostile bid alongside a consortium of buyers to purchase control of OpenAI for $97.4 billion. OpenAI CEO Sam Altman vehemently replied that his company is not for sale. The artific…
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Conventional wisdom says that a strong economy helps incumbents, while a weak economy hurts them. But new research from University of Chicago economist Lubos Pastor titled “Political Cycles and Stock Returns” challenges this idea, suggesting that economic downturns actually push voters toward Democrats, while economic booms favor Republicans. If tr…
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In December 2024, Bitcoin, one of the earliest cryptocurrencies and undoubtedly the most famous, hit $2 trillion in market capitalization, bigger than Tesla, Meta, and Saudi Aramco. In this episode, Nobel Prize-winning economist and Chicago Booth finance professor Eugene Fama—widely considered the “Father of Modern Finance”—predicts it will go to z…
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Why does Congress feel more divided than ever? Are politicians genuinely becoming more extreme, or is something else at play? In this episode, we take on the polarization debate with a twist. Anthony Fowler sits down with University of Chicago political scientist Daniel Moskowitz to uncover new data that challenges conventional wisdom in his paper …
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The public often imagines corporations as self-contained actors that provide a set of goods and services to consumers. Underpinning this image have been ideas of ownership, rights to capital and intellectual property, and corporate responsibility to stakeholders including consumers, workers, and shareholders. But what if almost everything we are to…
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On our last episode we had a discussion about what voters care about when electing politicians…and we mentioned a prior episode where we discussed if something as seemingly arbitrary as looks factor into voter choice. Do more attractive politicians do better? We all know you’re not supposed to judge a book by its cover, but if we’re being honest we…
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Daniel Ziblatt is an American political scientist, Eaton Professor of the Science of Government at Harvard University, and the co-author (with Steven Levitsky) of several bestselling books, including How Democracies Die and Tyranny of the Minority. Ziblatt writes from the position that what defines strong democracies is free and fair competition fo…
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Are bailouts the new “trickle-down” economics? Have government debt and deficits caused capitalism’s collapse—thus ending the American Dream? Ruchir Sharma is a well-known columnist for the Financial Times, the author of bestselling books Breakout Nations and The Rise and Fall of Nations, and an investment banker who worked as Morgan Stanley’s head…
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Do politicians really understand what drives voters—or are they relying on flawed assumptions that could shape democracy in troubling ways? A groundbreaking new study by University of Calgary political scientist Jack Lucas, “Politicians’ Theories of Voting Behavior,” reveals striking gaps between how politicians perceive voters and how voters see t…
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This week, our co-hosts Professors Tom Ginsburg and Claudia Flores discuss bitcoin, the cryptocurrency soaring in both popularity and value. In the last month, the price of a single bitcoin has risen from around $70,000 to almost $100,000. Its cultural impact is immense, yet confusing and controversial. Those who associate bitcoin with MAGA conserv…
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A new U.S. Department of Government Efficiency (DOGE) is headed by Elon Musk and Vivek Ramaswamy. Its goals include administrative reductions, cost savings, regulatory cutbacks, and reducing federal spending by nearly $2 trillion. President-elect Donald Trump has called DOGE the "Manhattan Project of our time," and has indicated that DOGE will redu…
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When it comes to defending democracy, are politicians or the public more committed to its principles—or are both equally willing to bend the rules for political gain? In his forthcoming book, Elitism vs. Populism, University of Texas at Dallas Political Scientist Curtis Bram challenges the idea that elites are the ultimate defenders of democracy. T…
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For years, the world worried about overpopulation and our capacity to sustain ever-increasing numbers of people. Now, the worry is underpopulation—and recent numbers are stunning. Fertility rate is the average number of children that are born to a woman over her lifetime. According to the United Nations, this number is currently 1.64 in the U.S.: I…
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Hello Not Another Politics Podcast Listeners. We took some time off in preparation for the Thanksgiving Holiday but given the incredible political events of the month we wanted to re-share an episode that we think is even more relevant today than when we recorded it. Why is populism on the rise across the globe? One story says this movement is driv…
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United Nations special experts have a crucial role in upholding international human rights law. These independent specialists hold mandates to report and advise on different areas within human rights as special rapporteurs, independent experts, or members of working groups. But how exactly do these appointments work, and what are the responsibiliti…
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Trump’s back in the White House—how did it happen? This week, we break down what the political science literature has to tell us about why voters swung his way, what Kamala Harris’s loss tells us about populism and political discontent, and what’s next for American democracy. Plus, co-host Will Howell makes a big announcement!…
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While Americans rely on debit transactions for the necessities of life, most are unaware of the networks that drive those transactions, nor are they aware that one company, Visa, has monopolized debit transactions, penalized industry participants that seek to use alternative debit networks, and co-opted innovators, technology companies, and financi…
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As the United States elections draw near, everyone is wondering who will take control of Washington next. In this week’s Capitalisn’t episode, Pulitzer Prize-winning reporter Brody Mullins reveals how the real winner will be neither Democrats nor Republicans. Rather, it will be the lobbyists. Mullins is the co-author (along with his brother Luke, a…
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When it comes to online discourse, do Americans really value free speech—or are they more comfortable with censorship than expected? A surprising new paper from University of Rochester Political Scientist Jamie Druckman, “Illusory Interparty Disagreement: Partisans Agree On What Hate Speech To Censor But Do Not Know It” reveals a surprising alignme…
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You asked and we answered: Over the last year, we have solicited listeners’ questions via voicemail, email, and social media. In this episode, our producer, Matt, turns the tables on Bethany and Luigi and puts them in the hot seat to answer your burning questions in an Ask Me Anything “AMA” format. How do Bethany and Luigi actually define capitalis…
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In the wake of the 2020 U.S. presidential election, claims of widespread voter fraud have fueled political controversies and public distrust. But how credible are these claims? In this episode, we sit down with political scientist Justin Grimmer to discuss his new paper “An Evaluation of Fraud Claims from the 2020 Trump Election Contests” which sys…
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Since our last episode on the ongoing conflict between Israel and Gaza, we wanted to do an update on where international law currently stands in the conflict. This year, the conflict has triggered several legal cases at international courts, including at the International Court of Justice, which has accused Israel of war crimes, crimes against huma…
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