The Wilmington Trust GEMs podcast series to help you plan for life’s major events.
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Tony Roth, chief investment officer, Wilmington Trust Investment Advisors, Inc, the investment advisory arm of M&T Bank, asks—and answers—the questions that are top of mind for today’s investors. During each episode, Tony and a special guest provide listeners with insights on unfolding market, economic, and other evolving trends, and a window into how client portfolios are being positioned in the face of ongoing uncertainty.
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Scene on Radio is a two-time Peabody-nominated podcast that dares to ask big, hard questions about who we are—really—and how we got this way. Our latest is Season 7, Scene on Radio: Capitalism. Previous series include Seeing White (Season 2), looking at the roots and meaning of white supremacy; MEN (Season 3), on patriarchy and its history; The Land That Never Has Been Yet (Season 4), exploring democracy in the U.S. and why we don’t have more of it; The Repair (Season 5), on the cultural roo ...
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The First 100 Days: The Trump Administration's Impact on the Economy and Markets
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51:15On May 6, Head of Wealth Management Lisa Roberts moderated a conversation with Chief Investment Officer Tony Roth, Chief Investment Strategist Meghan Shue, and Chief Economist Luke Tilley where they examined policy, the economy, and markets 100 days into President Trump’s second term. Topics covered during the conversation included: How key policy …
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The fifth and final installment in our between-seasons miniseries, "a few of my favorite things," chosen by host John Biewen -- selections from outstanding podcast series. This project, led by host and senior producer Ruxandra Guidi and editor Rekha Murthy, is called Happy Forgetting. The episode we're sharing, "Finding the Wisdom," by producer Adr…
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Making Ignorance Sacred Again: Keeping ScOR #7
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15:33Host John Biewen reads an essay from his newsletter, Keeping ScOR. Reflections on the Trump Administration's attempt to wrangle control of the national story and how it's told. Will this attack on factual history succeed? Music by goodnight, Lucas. To read see the Keeping ScOR newsletter archive or subscribe to receive it, go here: https://buttondo…
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How Can I Use a Personal Trust To Help Prepare My Family for Inherited Wealth?
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6:56With historically high exemptions from federal estate and gift taxes, many families are turning to funding personal trusts to protect and preserve their family endowments for future generations. Unfortunately, beneficiaries receiving significant inheritances may not be sufficiently prepared to inherit family wealth. A personal trust can help famili…
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Tariffs and Tensions: A Deep Dive Into U.S.-China Relations
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46:53
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46:53In this episode of Capital Considerations, Tony Roth and Shehzad Qazi, managing director at China Beige Book, offer an unfiltered analysis of China’s economic outlook and its complex relationship with the United States. While China's manufacturing and policy support are keeping growth afloat, deep-rooted challenges—from weak consumer demand to a fa…
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The fourth installment in our between-seasons miniseries, "a few of my favorite things," chosen by host John Biewen -- selections from exceptional podcast series. From CBC Podcasts and the L.A. Times, this is Season 1, Episode 5 of The Outlaw Ocean, reported by Pulitzer Prize-winning journalist Ian Urbina. The episode, titled "Waves of Extraction,"…
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There are several strategies to consider when looking to save on income taxes. One strategy involves lessening your amount of gross income, which comprises five methods, or pillars: deferral, exclusion, elimination, offsetting, and character of income. In this podcast, Tom Kelley, national director of income tax planning for Wilmington Trust’s Emer…
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Favorite Things: Shocking, Heartbreaking, Transformative
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39:00The third installment in our between-seasons miniseries, "a few of my favorite things," chosen by host John Biewen -- selections from exceptional podcast series. From producer Jess Shane and Radiotopia Presents, this is Episode 1 of "Shocking, Heartbreaking, Transformative," an innovative exploration of the process and the ethics of narrative docum…
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New Tariffs, Big Consequences Preparing for What’s Ahead
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48:13On April 9, Head of Wealth Management Lisa Roberts moderated a discussion with our investment team on the current volatility and economic outlook. Chief Investment Officer Tony Roth, Chief Investment Strategist Meghan Shue, and Chief Economist Luke Tilley shared valuable insights on the recent market drawdown1Disclosure number, please reference add…
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The second in a between-seasons miniseries, "a few of my favorite things," chosen by host John Biewen: Episode 1 of The Copernic Affair, from the Canadaland network. The series tells the story of a sociology professor living near Ottawa who finds himself accused of a decades-old bombing attack against a synagogue in Paris. Did Hassan Diab do it? By…
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Favorite Things: Slow Burn: Becoming Justice Thomas
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52:07The first of a between-seasons miniseries, "a few of my favorite things," chosen by host John Biewen. From Slow Burn, episode 1 of "Becoming Justice Thomas," an exploration, by journalist Joel Anderson, of how Clarence Thomas, a poor Black kid from a tiny town in Georgia, became ... Clarence Thomas. Episode 1 is called, "America's Blackest Child." …
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New Frontiers in Artificial Intelligence: DeepSeek and Beyond
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42:17Advancements in AI algorithms are shifting the balance between computing power and efficiency, reducing reliance on high-powered GPUs and accelerating AI democratization. CIO Tony Roth and Anshumali Shrivastava, a computer science professor at Rice University and founder of Third AI Corp explore the revolutionary impact of DeepSeek on the AI ecosys…
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Host John Biewen teases Season 8 and reads an installment from his new newsletter, Keeping ScOR. Eight years after our "Seeing White" series, whiteness is still a helluva drug -- and a powerful tool for Trump 2.0. Music by goodnight, Lucas Learn about your ad choices: dovetail.prx.org/ad-choicesBy Kenan Institute for Ethics at Duke University
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Investing in a Chutes & Ladders Economy: Gaming Out Portfolios in 2025
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42:44Wilmington Trust's Chief investment Officer Tony Roth, Chief Economist Luke Tilley, Head of Head of Investment Strategy Meghan Shue, speak with Denise Monahan, market leader Pennsylvania and Southern New Jersey about the 2025 Capital Markets Forecasts, Investing in a Chutes & Ladders Economy: Gaming Out Portfolios in 2025, the team's economic and i…
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What is a New Resolution for a Healthy Wealth Plan?
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10:23The start of a new year is the perfect opportunity to reflect and reassess. And, for many, it’s also about making resolutions for personal improvement. But don’t forget about your financial health. Ensuring your wealth plan is in order is one of the most impactful ways to set yourself up for financial success and peace of mind this year. Alvina Lo,…
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Bonus: Michael Kliën and the Body Politic
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34:10Michael Kliën wants to help bring about profound change in the world, but not through the usual means. An Austrian-born Dance professor at Duke University, Kliën is a leading social choreographer. He sets up experiments involving people moving amongst each other -- wordlessly -- in pursuit of new ways of being and the "soul democratic." By Scene on…
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S7 E13: CAPITALISM Bonus, Live at Motorco
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1:11:59With our Capitalism season and the election behind us, now what? Can we find hope and a way forward? In a live show taped December 5, 2024, at Motorco Music Hall in Durham, North Carolina, Season 7 co-hosts John Biewen and Ellen McGirt are joined by journalism professor, podcast maker, and two-time Scene on Radio co-host Chenjerai Kumanyika. They d…
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Are you thinking about creating a wealth plan for a commercial property? Real estate that is owned for business or investment purposes have certain inherent traits that create a somewhat unique planning scenario and, in some cases, jeopardize the success of your wealth plan. However, a freeze partnership could help.…
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Host John Biewen is joined by Celeste Headlee, Chenjerai Kumanyika, Ellen McGirt, and Amy Westervelt, co-hosts of Scene on Radio's full-length seasons -- Seeing White, MEN, The Land That Never Has Been Yet, The Repair, and Capitalism -- for a free-wheeling conversation about the 2024 U.S. election of Donald J. Trump and what it all means. Scene on …
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Securing Tomorrow: The Power of AI in Cyber Defense
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32:39As artificial intelligence technologies grow, the importance of safeguarding your information can become more critical. Listen as Chief Investment Officer Tony Roth and James Kaplan, partner and chief technology officer of McKinsey’s Enterprise Technology practice discuss how you can use AI to secure yourself, and how to stay protected from it.…
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The Election and the Future of Tax Reform: What It May Mean For You
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15:21The stage is set for this year’s presidential election. Regardless of who wins the election, reviewing the scheduled expiration of certain tax code provisions enacted as part of the 2017 Tax Cuts and Jobs Act will likely be an initial priority. What might this mean for the estate, gift, and generation-skipping transfer tax exemption; the qualified …
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In our season finale, we visit with people on two continents who are turning core structures of capitalism on their heads – or, at least, sideways. By John Biewen with co-host Ellen McGirt. Interviews with John Fullerton, Ander Etxeberria, Deseree Fontenot, Corrina Gould, Regan Pritzker, Dana Kawaoka-Chen, Mateo Nube, and Marjorie Kelly. Story edit…
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Bonus: Introducing Empire City: The Untold Origin Story of the NYPD
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45:31The police tell us they are here to protect us. But what if their original purpose was something else altogether? Peabody Award-winning host Chenjerai Kumanyika takes listeners on a journey to uncover the hidden history of the largest police force in the world – from its roots in slavery, to rival police gangs battling across the city, to everyday …
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In the first of two episodes looking at responses to capitalism’s failings, we explore reforms aimed at making the current economic system more humane, fair, effective, and sustainable. By John Biewen with co-host Ellen McGirt. Interviews with Lutz Schwenke, Jordi Llatje i Espinal, Marjorie Kelly, Oren Cass, Jayati Ghosh, John Fullerton, and Rick A…
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A visit to West Africa and Western Europe to look at the cocoa trade. Did the colonial side of early capitalism – Western countries getting rich at the expense of poorer nations – ever change, or does it continue today? Reported by Ugochi Anyaka-Oluigbo and written by Ugochi and Loretta Williams, with co-hosts John Biewen and Ellen McGirt. Story ed…
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Four Ways to Use Charitable Giving to Engage Your Family in Estate Planning
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9:23Estate planning can be complex, and many people want to do everything they can to ensure both their assets and their heirs are successful. One of the best ways to achieve this goal is to engage your entire family in the process. But when is the right time to bring the conversation up? Who should be involved? What should be shared? Listen as Alexa B…
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In 1972, a team of young scientists at MIT published a study exploring what would happen to human civilization if people kept pursuing endless economic growth on a finite planet. They weren’t just disbelieved, they were ridiculed. The story of Donella Meadows and The Limits to Growth. Reported and produced by Katy Shields and Vegard Beyer, with co-…
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S7 E8: The People’s Pushback Over several decades, a growing number of people in the United States and elsewhere – especially younger people – have turned against capitalism. The reasons are not mysterious. Reported by Lewis Raven Wallace and produced by John Biewen, with co-host Ellen McGirt. Interviews with Esteban Kelly, Josh Bivens, Malaika Jib…
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S7 E7: Gilded Age 2.0 After 40 years of neoliberalism, most Americans of every political stripe agree that the economy is “rigged” in favor of corporations and the wealthy. But we may not know the half of it. By John Biewen, with co-host Ellen McGirt. Interviews with Nancy MacLean, Edward Balleisen, Brad DeLong, Marjorie Kelly, and Oren Cass. Story…
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How the balance of power shifted, for a time, in the decades after World War II, and led to a better kind of capitalism – if you think prosperity being broadly shared is a good thing. By John Biewen, with co-host Ellen McGirt. Interviews with Eric Rauchway and Brad DeLong. Thanks to the Studs Terkel Archive at WFMT. Story editor: Loretta Williams. …
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In this episode of "Capital Considerations," Tony is joined by Chief Economist Luke Tilley and Head of Investment Strategy Megan Shue to reflect on the surprises of the first half of 2024—particularly around inflation and economic growth—and project their cautiously optimistic market and economic expectations through the end of the year. For more i…
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An age of invention and mass production, propelled by a new mechanism – the corporate research lab – leads to a surge in material wealth like the world has never seen. How does a new nation, the United States, overtake its parent as the leader of the surging capitalist order? And what does it all mean in the lives of ordinary people? By John Biewen…
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Economic change happens in a cultural context. We trace the tectonic shifts in the Western mind that made capitalism thinkable – in part through a look at two Enlightenment thinkers: Baruch Spinoza and Adam Smith. (The real Smith, not the one held up as the patron saint of unfettered capitalism.) By John Biewen, with co-host Ellen McGirt. Interview…
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From the voyages of Columbus and Vasco da Gama to colonial conquest and the Atlantic Slave Trade, to the privatization of land in western Europe: humanity’s turn toward the capitalist world we live in now. By John Biewen, with co-host Ellen McGirt. Interviews with Jayati Ghosh, Jason Hickel, Jessica Moody, Charisse Burden-Stelly, Silvia Federici, a…
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Empowering the Family Through Wealth Education
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8:29As many successful families have learned over time, having a family wealth education plan in place for family members can be very empowering for the next generation. And when heirs feel empowered and engaged in the family’s legacy, a smooth transfer of wealth can result. Listen as Allison Pierce, wealth strategist for Wilmington Trust Emerald Famil…
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The Hard Work of Business Transition: The Best Way Out is Always Through
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9:57Long-term financial planning considerations, family legacy concerns, income and estate tax ramifications, transaction structuring, community and workforce impact, legal documentation, along with the reality—and finality—of “letting go” typically make a business transition one of the most difficult things a business owner will ever do. Listen as Stu…
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Using the College Planning Process to Springboard Messages About Values and Financial Literacy
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10:21
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10:21It often requires an intentional effort from parents to uncover and take advantage of moments during a child’s upbringing to incorporate financial discussions and lessons. Listen as Jerry Inglet, senior family legacy advisor for Wilmington Trust’s Emerald Family Office & Advisory®, discusses how to leverage the preparation and decisions connected t…
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This Ain’t My First Rodeo—The Value of Experienced Advisors in a Business Sale
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7:09For many entrepreneurs, selling a business is uncharted territory. Not surprisingly, engaging the right team of experienced advisors to assist in the transaction may elevate their chances of success. Listen as Stuart Smith, national director of Business Value Strategies for Wilmington Trust Emerald Family Office & Advisory,® discusses the value of …
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Understanding State Residency Rules for Income Tax Purposes
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9:19Understanding state residency rules as an income tax planning strategy may be important for people who live in more than one state. But these rules can be complicated and tend to vary across states. Moreover, the state residency rules for trusts can be even more complex. In this podcast, Tom Kelley, national director of Income Tax Planning for Wilm…
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There are good reasons a family may consider changing the terms of an irrevocable trust. For instance, maybe there has been a change in a beneficiary’s ability to manage family resources, or perhaps a new trustee was named. Fortunately, “irrevocable” does not necessarily mean set in stone. In this podcast, Jeff Wolken, national director of Delaware…
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Paving the Way to Discussing Wealth and Legacy Plans with Family
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12:10Discussing wealth and legacy plans with family can be challenging and somewhat uncomfortable, especially when family members disagree about the goals. However, having open communication about the family’s heartfelt values and aspirations can help sustain a desired legacy through future generations. In this podcast, Julie Weiss, national director of…
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Business owners, tax planners, and anyone who works with business entities should understand the new obligations they will face next year under the Corporate Transparency Act—the most significant anti-money-laundering legislation since the Patriot Act in 2001. In this podcast, Kerry Reeves, director of Wealth Strategies for Wilmington Trust Emerald…
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Naming a Trust as Beneficiary of a Retirement Plan
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9:28When retirees pass away before using all the assets in their retirement plans, the remaining funds in those accounts typically pass to a named beneficiary. In certain instances, naming a trust as beneficiary of the plan may be the most prudent course of action, particularly if the retiree wants oversight of the funds for the benefit of a minor chil…
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Should parents consider differentiated inheritances for children? A podcast discussion of fair versus equal.
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9:28Parents with multiple children often grapple with issues around fairness and equality when structuring their estate plans. With intentional thought and communication, and sometimes a third-party facilitator, parents can strive to achieve their wishes where intentions are understood and negative impacts for a family are reduced as inheritances are d…
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Choosing the Right Vehicle for your Charitable Giving
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13:27There are many different vehicles for charitable giving that can help support your objectives and create a philanthropic legacy. Charitable giving is an important discussion to have with your advisors to determine whether your charitable giving is best done individually or through a trust, a private foundation, donor advised fund, or another entity…
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SECURE Act 2.0: What the New Law May Mean For You
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8:24The new SECURE Act 2.0, which passed into law last month, may have far reaching implications on retirement planning in the U.S. This “sequel” legislation builds upon many of the themes found in the prior Act, such as expanding access to retirement accounts in cases of hardship and moving the age when required minimum distributions begin. In this po…
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The location, or situs, of someone’s personal trust may have a significant impact on how the trust is taxed and the flexible laws available to facilitate ongoing administration. Changing a trust’s situs can be as easy as changing the trustees to a more favorable location. Listen as Jeffrey Wolken, national director of Delaware Trust Planning Strate…
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For many individuals, the purchase of life insurance is designed to mitigate risks including replacing income in the event of a premature death, leaving a legacy for heirs, and providing a source of liquidity for the payment of estate taxes. For those focused on the last of those risks – providing a source of liquidity for estate taxes – it can be …
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China's Economic Engine: Strategies and Global Impact
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33:54Why is it important to stay focused on the data in order to make informed investment decisions? Listen as Chief Investment Officer Tony Roth speaks again with Shehzad Qazi from China Beige Book about the challenges the Chinese economy is facing. They examine three obstacles: global supply-chain dynamics; the struggle to boost domestic consumption a…
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To fully grasp capitalism, it helps to understand the system it replaced – and the most meaningful differences between feudalism and capitalism. We visit the British Isles of the Middle Ages. By John Biewen, with co-host Ellen McGirt. Interviews with Karen Dempsey, Ben Jervis, and Eleanor Janega. Story editor: Loretta Williams. Music by Michelle Os…
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