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David Gelles, reporter on the New York Times climate team and the Times's Climate Forward newsletter and author of Dirtbag Billionaire: How Yvon Chouinard Built Patagonia, Made a Fortune, and Gave It All Away (Simon & Schuster, 2025), talks about New York City Climate Week and the challenge of several developing nations who are facing the challenges of a changing climate without the support of the United States, since the Trump administration withdrew the United States from the Paris Agreement.
Food Tank is live all week at WNYC-NPR's The Greene Space running food and agriculture programming at Climate Week NYC with over 300 speakers, 60 performers, and 15 events. Watch these conversations live on Food Tank's YouTube channel, or by visiting FoodTank.com. While you are on our website please also become a Food Tank member to ensure programming like this continues. This episode takes you to our summit "Roadmap to a Delicious, Nutritious, and Regenerative Food Future for All,” In partnership with Unilever. Our first conversation is with Rasmus Monk, (Alchemist, Spora) who speaks with Kim Severson (The New York Times) about “holistic cuisine,” immersive dining, and how food experiences can push boundaries, spark dialogue, and inspire climate and food system change. Then, Dani speaks with David Gelles about his forthcoming book Dirtbag Billionaire: How Yvon Chouinard Built Patagonia, Made a Fortune, and Gave It All Away, and what Patagonia's story reveals about business, climate, and responsibility. While you're listening, subscribe, rate, and review the show; it would mean the world to us to have your feedback. You can listen to “Food Talk with Dani Nierenberg” wherever you consume your podcasts.
Ralph interviews New York Times reporter, David Gelles, about his new book, “Dirtbag Billionaire: How Yvon Chouinard Built Patagonia, Made a Fortune, and Gave It All Away.” Then, we welcome back former IRS commissioner, John Koskinen, to update us on how the Trump Administration is dismantling the IRS and stealing your personal information.David Gelles is a reporter on the New York Times climate team and he leads the Times's “Climate Forward” newsletter and events series. He is the author of The Man Who Broke Capitalism: How Jack Welch Gutted the Heartland and Crushed the Soul of Corporate America—and How to Undo His Legacy, and his new book is Dirtbag Billionaire: How Yvon Chouinard Built Patagonia, Made a Fortune, and Gave It All Away.He [Yvon Chouinard] saw Patagonia as a role model for other corporations and believed that by running Patagonia in a different way, he could show that capitalism just didn't have to suck so much.David GellesThere's a paradox that runs through the pages of Dirtbag Billionaire and it's never fully resolved…It's the fact that Chouinard is an environmentalist who wants to reduce the impact of mankind on planet earth, and yet he runs a big, complicated clothing company that is taking a toll on the environment that he's trying to protect. He runs a company that in theory, he says, and in practice is largely doing, the work of funding grassroots activists and environmental conservation. But he's doing it by participating in the very capitalist system that is responsible for so much of the damage to our natural world. And the list goes on. These contradictions are what really has animated Chouinard and his executive team for all these years. They understand their own perfections. But unlike most, they are willing to really examine their own failings, to look it square in the eye, straight in the mirror, and try to figure out how to make things better.David GellesChouinard being a “dirtbag” is something he always identified as and he still does at a certain level. The great insult in his mind is being called a “billionaire.”David GellesJohn Koskinen served as the IRS Commissioner from 2013 to 2017.Lobbyists and corporations are very good at making sure that [tax advantages] always stayed. You never hear too often of tax advantages taken out of the code, what everybody argues about as new ones being put into the code.John KoskinenThese (IRS workers) are very skilled people who in fact have given up the opportunity to make two or three times more money in the private sector because they believe in public service.John KoskinenNews 9/19/25* Just weeks after David Ellison's Skydance Media completed their $8 billion takeover of Paramount Global, Ellison is setting his sights even higher – a proposed $70 billion acquisition of Warner Bros. Discovery, Variety reports. If this deal proceeds, it would mean that Ellison would control CNN in addition to CBS news, the latter of which he seemingly plans to place under the supervision of “anti-woke” arch-zionist media personality Bari Weiss. While true that cable news does not possess nearly as much clout as it did just a few years ago, this would represent a nearly unprecedented consolidation in that sector. Ellison and his lieutenants would wield a tremendous amount of influence in the media, which would translate to real impacts on the political process. It remains to be seen whether the Trump administration media regulators will take any action to block this deal. Based on their actions so far, it seems unlikely.* In more media news, ABC has indefinitely suspended Jimmy Kimmel Live!, which the comedian has hosted since 2003, after he criticized Trump and his allies for “capitaliz[ing]” on the murder of Charlie Kirk to score political points, CNN reports. Federal Communications Commission Chairman Brendan Carr threatened action up to and including revoking the broadcast license for ABC, which airs the program, or possibly blocking their merger with Nexstar. While Rolling Stone reports multiple executives at ABC and its parent company Disney, felt that Kimmel “had not actually said anything over the line,” they folded immediately under the threat of retaliation by the administration. This move represents a major contradiction of Carr's previously stated belief that “[the FCC] must dismantle the censorship cartel and restore free speech rights for everyday Americans.” Democrats are incensed at this attack on free speech, Congressman Ro Khanna is seeking to subpoena Carr to testify to the House Oversight Committee. Trump, feeling confident after claiming the scalp of both Kimmel and Colbert – two outspoken critics – is now calling for NBC to remove Jimmy Fallon and Seth Meyers, via Truth Social. Variety reports conservative media conglomerate Sinclair will “replace the Friday timeslot of ‘Jimmy Kimmel Live!' with a Charlie Kirk tribute special on its ABC affiliate stations — and is offering the special to all other ABC stations across the country.”* Regarding social media, the Wall Street Journal reports that the U.S. and China are nearing a deal on control of TikTok, under a framework in which “an investor consortium including Oracle... Silver Lake and Andreessen Horowitz” would acquire an 80% stake. Oracle is of course run by David Ellison's father, Larry Ellison, one of the richest men in the world, while Andreessen Horowitz is the venture capital firm of Trump ally Marc Andreessen. Silver Lake is another Silicon Valley private equity firm. This deal would finally put an end to the nebulous legal limbo created by Congress passing the TikTok ban and Trump refusing to enforce it. According to this report, the new company that would be created to run TikTok in America, “would also have an American-dominated board with one member designated by the U.S. government.”* The administration is seeking to shore up support in corporate America in other ways too. Trump has renewed his 2018 push to eliminate the reports businesses are mandated to issue on a quarterly basis, moving to a biannual reporting system. Trump argues that this shift would “cut costs and discourage shortsightedness on the part of publicly traded companies.” Others however believe that this change could be harmful to the economy, making companies less transparent and therefore increasing potential investor risk. The Securities and Exchange Commission (SEC) said it is “making Trump's proposal a priority.” This from Reuters.* More troubling signs are emerging in the U.S economy. Per Bloomberg, “Consumers in the top 10% of the income distribution accounted for 49.2% of total spending,” in the second quarter of 2025. This is the highest percentage of consumer spending accounted for by that demographic going back to 1989, according to an analysis of the Federal Reserve's Financial Accounts and Survey of Consumer Finance data conducted by Mark Zandi, chief economist for Moody's. Chandan Economics reports a spike in late rent payments in August, suggesting stress in the “financial health of renter households,” while for homeowners, Polymarket reports that even more people are searching "help with mortgage" on Google than during the 2008 housing crisis. This comes as only 1.3 million home building permits were issued in August, the lowest level since the Spring of 2020, according to economist and Washington Post columnist Heather Long. Taken together, this data paints a picture of an economy flailing, and kept afloat only by the very rich.* Speaking of the very rich, the first American Pope, Leo the XIV, condemned the precipitous rise in CEO pay compared to their employees. Leo remarked that CEOs now make “600 times more than what average workers are receiving," adding "What does that mean…If [money] is the only thing that has value anymore, then we're in big trouble." Specifically, Leo was referring to the proposed new compensation package for Tesla CEO Elon Musk, which could turn the billionaire into a trillionaire. This from Yahoo! Finance. Senator Bernie Sanders echoed this sentiment, writing “The Pope is exactly right. No society can survive when one man becomes a trillionaire while the vast majority struggle to just survive — trying to put food on the table, pay rent and afford health care. We can and must do better.”* Turning to Israel and Gaza, AP reports Jerry Greenfield of Ben & Jerry's is resigning from the company after 47 years. In a letter, Jerry explains that he could not “in good conscience” remain at Ben & Jerry's because their parent company – the British conglomerate Unilever – has been constraining his ability to advocate against the genocide in Gaza. Jerry writes “For more than 20 years under their ownership, Ben & Jerry's stood up and spoke out in support of peace, justice and human rights, not as abstract concepts, but in relation to real events happening in our world…It's profoundly disappointing to come to the conclusion that that independence, the very basis of our sale to Unilever, is gone.” This is the largest, but by no means only, rupture between Ben & Jerry's and Unilever; this report notes “In March Ben & Jerry's said that its CEO was unlawfully removed by Unilever in retaliation for the ice cream maker's social and political activism.” However, as Greenfield's departure illustrates, the founders have little recourse besides their public platform and resignation.* In a sign of Israel's waning influence in the Democratic Party, POLITICO reports Democratic public affairs “megafirm” SKDK has ended their $600,000 contract with the state of Israel which was supposed to run from April 2025 through March 2026. The firm's recent focus had been “pitching guests for news shows to hear Israel's side of the war in Gaza.” The firm has been tight-lipped on this decision, saying only the work “had run its course.” Yet, this decision comes directly on the heels of reporting that Stagwell, the parent company of SKDK, was involved in “setting up a bot program ‘to amplify pro-Israel narratives on Instagram, TikTok, LinkedIn, YouTube, and other platforms,'” as revealed in a Foreign Agents Registration Act filing.* On Wednesday, Senator Bernie Sanders crossed a major rhetorical rubicon, labeling Israel's actions in Gaza a “genocide.” In an op-ed appropriate titled “It Is Genocide,” Sanders cites the casualty totals – noting that “The full toll is likely much higher, with many thousands of bodies buried under the rubble” – along with the Israeli blockade on the enclave and their systematic destruction of Gaza's infrastructure, including hospitals, water and sanitation facilities and schools. Sanders also cites the genocidal intent expressed by Israeli leaders, through quotes like “the Gaza Strip should be flattened, and there should be one sentence for everyone there — death. We have to wipe the Gaza Strip off the map. There are no innocents there.” Sanders concludes this piece by warning that if the world fails to act, as during the Holocaust, Netanyahu and other “demagogues” will feel emboldened. History, Sanders writes “demands that the world act with one voice to say: enough is enough. No more genocide.” After Sanders' announcement, Vermont Congresswoman Becca Balint came out with her own statement accepting the genocide label. Zeteo reports a total of 20 members of Congress now say Israel is committing genocide.* Finally, to end on a positive note, on Monday the House passed the bipartisan Mental Health in Aviation Act, which seeks to “break down…barriers and support the mental health of our aviation workforce by changing the current rules which prevent aviation professionals from seeking mental health care by imposing unfair penalties on those who do,” according to a press release by the bill's Republican sponsor Pete Stauber. A press release from the Democratic sponsor, Sean Casten, reads “Aviators should not be unfairly penalized for seeking mental health care…The current system perpetuates a culture of silence, and it's past time that changes.” Some observers have attributed some credit for the passage of this bill to the comedian Nathan Fielder's series The Rehearsal, the latest season of which dealt extensively with the issue of aviators' mental health. While congressional staff have downplayed the show's influence, it seems hard to deny that at the very least it raised the profile of this pressing issue. Either way, hopefully this bill will make it safer to fly by removing the stigma from pilots seeking mental healthcare. Get full access to Ralph Nader Radio Hour at www.ralphnaderradiohour.com/subscribe
Andrew Walworth, Tom Bevan and Carl Cannon discuss the reaction to Attorney General Pam Bondi's remarks yesterday concerning hate speech, and Stephen Miller's comments that the Justice Department would pursue “left-wing organizations that are promoting violence in this country.” Then they discuss today's Senate hearing featuring FBI Director Kash Patel, his handling of the investigation into the assassination of Charlie Kirk, and his stewardship of the agency so far. They talk about U.S relations with Venezuela after the U.S. blew up a second Venezuelan vessel that was allegedly carrying drugs destined for America. Also, remembering actor and activist Robert Redford, who died today at the age of 89. RCP Contributor Charlie Stone talks to New York Times journalist and author David Gelles about his new biography, Dirtbag Billionaire: How Yvon Chouinard Built Patagonia, Made a Fortune, and Gave It All Away. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Patagonia has always been different. While so many companies lose their way when profits come before people, the planet, or even their own products, Patagonia continues to stay true to its values.In today's episode of The Eric Ries Show, I speak with journalist David Gelles, author of Dirtbag Billionaire, his new book about founder Yvon Chouinard. We explore how Chouinard built Patagonia with an ethos of quality and conservation, how he resisted the corrupting pull of profit-at-all-costs, and why he ultimately gave the company away to protect its mission.We talk about what Patagonia's story reveals about the possibility of building ethical companies that not only survive but thrive. And we make the case for putting strong protections in place from the very beginning, so that a company's purpose can endure long after its founder is gone.—Where to find David Gelles:• LinkedIn: https://www.linkedin.com/in/davidgelles/• X: https://x.com/dgelles• Substack: https://davidgelles.substack.com/• Website: https://davidgelles.com/—Where to find Eric:• Newsletter:https://ericries.carrd.co/ • Podcast:https://ericriesshow.com/ • YouTube:https://www.youtube.com/@theericriesshow —In This Episode We Cover:(00:00) Intro(02:30) Why Patagonia remains so little understood despite its visibility(05:47) How Yvon Chouinard resisted the corrupting influence of wealth(07:48) How Yvon's rural upbringing shaped his enduring ethos(11:51) The pivotal moments that revealed a market for Yvon's high-quality gear(16:17) Yvon's partnership with Tom Frost and the expansion from climbing gear into apparel(18:06) How a local river fight sparked Yvon's lifelong activism(21:32) Why Patagonia was able to resist the corporate pressures that erode values(27:46) David on what corruption meant to Yvon and his uncompromising philosophy(30:03) LTSE and alternative structures that protect values(33:48) A short history of shareholder primacy and general incorporation(36:03) Yvon's aversion to conventional business culture(37:44) Doug Tompkins's contrasting path from luxury to large-scale conservation(40:33) Yvon's behind-the-scenes funding of Tompkins Conservation(42:19) Patagonia's values of quality and conservation and the movements it spurred(51:11) Tony's Chocolonely's ethical approach to chocolate and influence on supply chains(52:34) How Yvon structured succession to protect Patagonia's values(1:02:33) Examples of foundation-owned companies: Grundfos and Zeiss (1:03:47) A case for building protective structures from day one(1:06:06) Why mission-aligned, ethical companies don't get as much press(1:10:04) The long-term value of taking the harder road(1:16:25) What financial reporting teaches us about prioritizing ethics(1:22:03) Why every company must define its own purpose (1:24:59) Final reflections on why companies can be run with values and integrity—You can find episode references at https://www.ericriesshow.com/—Production and marketing by Pen Name.Eric may be an investor in the companies discussed.
David Gelles is an award-winning New York Times reporter and bestselling author. He has extensive experience as a business reporter in particular and has reported extensively on, among other topics, Boeing's safety issues, Bernie Madoff's ponzi scheme, and the life and leadership of GE CEO Jack Welch. He's the bestselling author of three books, including The Man Who Broke Capitalism, about Welch, and a new one, Dirtbag Billionaire, a deep dive into the life and impact of Patagonia founder Yvon Chouinard. David joined host Robert Glazer on the Elevate Podcast for a wide-ranging conversation on Jack Welch's leadership at GE, Yvon Chouinard's extraordinary career at Patagonia, and much more. Thank you to the sponsors of The Elevate Podcast Shopify: shopify.com/elevate Indeed: indeed.com/elevate Headway: makeheadway.com/elevate (Promo Code: Elevate) Learn more about your ad choices. Visit megaphone.fm/adchoices
What if the best way to win in business is to do the exact opposite of what everyone else is doing? While most CEOs chase growth at all costs, Yvon Chouinard, the founder of Patagonia, chose a different path. Starting out as a rock climber and adventurer, when he pivoted to business, he built products to last, created a company culture where surfing sometimes mattered more than spreadsheets, and even risked profits to protect the planet. Then, in a move almost unheard of in corporate America, he gave the entire company away. In his new book Dirtbag Billionaire: How Yvon Chouinard Built Patagonia, Made a Fortune, and Gave It All Away, New York Times journalist David Gelles tells the story of how a reluctant businessman reshaped capitalism—and shows us what it looks like to build a company that puts people and the planet first.
What if the best way to win in business is to do the exact opposite of what everyone else is doing? While most CEOs chase growth at all costs, Yvon Chouinard, the founder of Patagonia, chose a different path. Starting out as a rock climber and adventurer, when he pivoted to business, he built products to last, created a company culture where surfing sometimes mattered more than spreadsheets, and even risked profits to protect the planet. Then, in a move almost unheard of in corporate America, he gave the entire company away. In his new book Dirtbag Billionaire: How Yvon Chouinard Built Patagonia, Made a Fortune, and Gave It All Away, New York Times journalist David Gelles tells the story of how a reluctant businessman reshaped capitalism—and shows us what it looks like to build a company that puts people and the planet first.
In this Money Talks: Felix Salmon is joined by author and New York Times reporter David Gelles to discuss his new biography of enigmatic Patagonia founder Yvon Chouinard, Dirtbag Billionaire. David does a deep dive into what makes the brand and its founder so unique, including the paradoxes of a wildly successful company trying to remain environmentally sustainable and a billionaire who believes all billionaires to be “policy failures.” Join Slate Plus to unlock weekly bonus episodes. Plus, you'll access ad-free listening across all your favorite Slate podcasts. You can subscribe directly from the Slate Money show page on Apple Podcasts and Spotify. Or, visit slate.com/moneyplus to get access wherever you listen. Podcast production by Jessamine Molli and Cheyna Roth. Learn more about your ad choices. Visit megaphone.fm/adchoices
In this Money Talks: Felix Salmon is joined by author and New York Times reporter David Gelles to discuss his new biography of enigmatic Patagonia founder Yvon Chouinard, Dirtbag Billionaire. David does a deep dive into what makes the brand and its founder so unique, including the paradoxes of a wildly successful company trying to remain environmentally sustainable and a billionaire who believes all billionaires to be “policy failures.” Join Slate Plus to unlock weekly bonus episodes. Plus, you'll access ad-free listening across all your favorite Slate podcasts. You can subscribe directly from the Slate Money show page on Apple Podcasts and Spotify. Or, visit slate.com/moneyplus to get access wherever you listen. Podcast production by Jessamine Molli and Cheyna Roth. Learn more about your ad choices. Visit megaphone.fm/adchoices
In this Money Talks: Felix Salmon is joined by author and New York Times reporter David Gelles to discuss his new biography of enigmatic Patagonia founder Yvon Chouinard, Dirtbag Billionaire. David does a deep dive into what makes the brand and its founder so unique, including the paradoxes of a wildly successful company trying to remain environmentally sustainable and a billionaire who believes all billionaires to be “policy failures.” Join Slate Plus to unlock weekly bonus episodes. Plus, you'll access ad-free listening across all your favorite Slate podcasts. You can subscribe directly from the Slate Money show page on Apple Podcasts and Spotify. Or, visit slate.com/moneyplus to get access wherever you listen. Podcast production by Jessamine Molli and Cheyna Roth. Learn more about your ad choices. Visit megaphone.fm/adchoices
In this Money Talks: Felix Salmon is joined by author and New York Times reporter David Gelles to discuss his new biography of enigmatic Patagonia founder Yvon Chouinard, Dirtbag Billionaire. David does a deep dive into what makes the brand and its founder so unique, including the paradoxes of a wildly successful company trying to remain environmentally sustainable and a billionaire who believes all billionaires to be “policy failures.” Join Slate Plus to unlock weekly bonus episodes. Plus, you'll access ad-free listening across all your favorite Slate podcasts. You can subscribe directly from the Slate Money show page on Apple Podcasts and Spotify. Or, visit slate.com/moneyplus to get access wherever you listen. Podcast production by Jessamine Molli and Cheyna Roth. Learn more about your ad choices. Visit megaphone.fm/adchoices
Biden passed the most ambitious climate legislation in American history. Trump just shredded it. What does that mean for the future of renewable energy in America? Where does the climate movement go from here? And is it too late for us to avert climate catastrophe? To answer these questions, I invited onto the show two climate experts: Jesse Jenkins, who is a leading climate modeler and a professor at Princeton University, where he runs the Princeton ZERO Lab, and Jane Flegal, who is the executive director of the Blue Horizons Foundation and served on the Biden administration's climate policy team.We discuss how far Trump's policies have set us back, the lessons the climate movement should learn from this loss and what the next wave of climate politics may look like. Mentioned:“Impacts of the One Big Beautiful Bill On The US Energy Transition – Summary Report” by REPEAT Project“There's a Race to Power the Future. China Is Pulling Away.” by David Gelles, Somini Sengupta, Keith Bradsher and Brad PlumerJesse's Book Recommendations:Why Nothing Works by Marc J. DunkelmanEnergy by Richard RhodesMars Trilogy Series by Kim Stanley RobinsonJane's Book Recommendations:Mating by Norman RushFrontiers of Illusion by Daniel SarewitzAn Engine, Not a Camera by Donald MacKenzieThoughts? Guest suggestions? Email us at ezrakleinshow@nytimes.com.You can find the transcript and more episodes of “The Ezra Klein Show” at nytimes.com/ezra-klein-podcast. Book recommendations from all our guests are listed at https://www.nytimes.com/article/ezra-klein-show-book-recs.htmlThis episode of “The Ezra Klein Show” was produced by Rollin Hu and Jack McCordick. Fact-checking by Michelle Harris. Our senior engineer is Jeff Geld, with additional mixing by Aman Sahota. Our executive producer is Claire Gordon. The show's production team also includes Marie Cascione, Annie Galvin, Elias Isquith, Marina King, Jan Kobal and Kristin Lin. Original music by Pat McCusker. Audience strategy by Kristina Samulewski and Shannon Busta. The director of New York Times Opinion Audio is Annie-Rose Strasser. Unlock full access to New York Times podcasts and explore everything from politics to pop culture. Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify.
With the synagogue firebombing in Australia, Israeli soccer fans being beaten in Amsterdam, and antisemitic incidents now a daily occurrence impacting Canadian schools, houses of worship, the workplace, social media, and the streets, you might wonder why anyone who isn't already Jewish would want to join "the tribe". Yet from coast to coast, since Oct. 7, rabbis of all denominations are reporting this is exactly what they are seeing: a heightened interest from people wanting to convert. At Toronto's largest Reform synagogue, Holy Blossom Temple, the conversion cohort this fall is 60 students–double the intake of the previous class. Meanwhile, Reform rabbis in Mississauga and Oakville report having to cap admissions to their conversion courses, scrambling to find rabbis to offer one-on-one instruction, and there are waiting lists. While we don't have accurate numbers nationally, anecdotally some Conservative and Orthodox rabbis tell The CJN they are also seeing similar trends. On today's episode of The CJN Daily, host Ellin Bessner sits down with three new Jews to hear their journeys and how the antisemitism unleashed Oct. 7 is a battle they are joining with eyes wide open: David Gelles, 36, a Toronto lawyer with roots in the Holocaust; Julie Moreau, a therapist in Oakville who decided to convert just after Oct. 7; and Gracia Mboko, an African-born entrepreneur in Burlington who found Jewish signposts on the ground and in the air. Related links Why Alexandria Fanjoy Silver converted twice, on The CJN Daily. Read more from Emily Caruso Parnell about the conversion process she underwent from both Orthodox and Reform pathways, in The CJN archives. How Canada's newest converts prepared for Rosh HaShana in Kelowna, B.C. on The CJN Daily from 2021. Credits Host and writer: Ellin Bessner (@ebessner) Production team: Zachary Kauffman (producer), Michael Fraiman (executive producer) Music: Dov Beck-Levine Support our show Subscribe to The CJN newsletter Donate to The CJN (+ get a charitable tax receipt) Subscribe to The CJN Daily (Not sure how? Click here)
While many of the effects of climate change, including heat waves, droughts and wildfires, are already with us, some of the most alarming consequences are hiding beneath the surface of the ocean.David Gelles and Raymond Zhong, who both cover climate for The New York Times, explain just how close we might be to a tipping point.Guests: David Gelles, who reports for the New York Times Climate team and leads The Times's Climate Forward newsletter.Raymond Zhong, a reporter focusing on climate and environmental issues for The New York Times.Background reading: Scientists are freaking out about ocean temperatures.Have we crossed a dangerous warming threshold? Here's what to know.For more information on today's episode, visit nytimes.com/thedaily. Transcripts of each episode will be made available by the next workday.
This week, we have two great guests on the show to explain what's at stake at COP28 and some of the biggest issues surrounding the conference. First, New York Times correspondent David Gelles joins to discuss what he'll be covering at COP28, why the recent US-China deal heading into the conference might provided a much needed jolt, and what to watch for when it comes to climate finance and the fund for loss and damage. Then, researcher and campaigner Pascoe Sabido joins the show to discuss a new analysis of the presence of fossil fuel lobbyists at UN climate talks and what it has meant to action on climate. David Gelles is a correspondent on the Climate desk at The New York Times, covering the intersection of public policy and the private sector. Follow David's work at The New York Times here. Pascoe Sabido is a researcher and campaigner at the Corporate Europe Observatory and a co-cordinator of the Kick Big Polluters Out coalition Further Reading: Fossil fuel lobbyists attend UN climate talks more than 7000 times What a US-China climate deal means for COP28 Coming Soon: More oil, gas and coal
SERIES 2 EPISODE 34: COUNTDOWN WITH KEITH OLBERMANN A-Block (1:43) SPECIAL COMMENT: Judge Aileen Cannon! You have unsuspected depth! Trump's novice judicial appointee has shocked Trump World by issuing a gag order not only limiting what he can say and when he can say it during his prosecution and trial for stealing top secret documents, but also limiting when he and his lawyers can see the war plans and other classified information he stole. Cannon's ruling is almost everything Smith asked for. Any evidence marked classified? Trump can't discuss it publicly. The evidence marked classified that Trump has lied about and said he DE-classified? Trump can't discuss THAT publicly. The evidence marked classified that has become public knowledge without being officially de-classified? Trump can't discuss THAT publicly. If he wants to listen to any of the classified audio it has to be on a hardline headset on a computer that has no internet or network connection! And she also has ruled co-defendant Walt Nauta cannot have access to any of the material, so that's one less chance of a pro-Trump leak. It's stunning. Also, the Illegal Impeachment Inquiry Trump is stage-managing from behind the scenes is going shockingly badly. It's morphed into the GOP-In-Crisis; in fact, into the GOP in Open Revolt. McCarthy accused Congressman Matt Gaetz of Florida of conspiring with Democrat Eric Swalwell of California to get Swalwell placed back on the Intelligence Committee. McCarthy even posits that THAT is a front for something else, saying of Gaetz quote “this is really about an ethics complaint.” Gaetz came back last night and said “This is an abject lie from a sad and pathetic man who lies to hold on to power,” and Congressman you'll have to be more SPECIFIC than that and USE McCarthy's name in that statement because otherwise it could be about anybody in your party. Also: the McCarthy FBI whistleblower about Hunter Biden? A DIFFERENT FBI whistleblower has implied that the other one is lying. And Hunter Biden just sued a former Trump aide for illegally accessing the laptop. And then there's the other media shoe dropping. A month ago Kristen Welker was one of a dozen reporters who took a meal with three Trump goons. Today, Welker will pre-destroy her career as host of "Meet The Press" to get a sit-down with Trump. The Executive Producer of her show - who didn't make the cut to join the Countdown staff 20 years ago - actually says of this garish soulless nonjournalistic stunt “We are in the business of covering politics. It's not our job to pick and choose the leaders. The American people get to do that. And so our job is to make sure that the American people understand who the people in power are, what they stand for, and what they plan to do.” It's not our job to STOP the arsonists, it's just our job to give equal coverage to the firefighters AND the arsonists. B-Block (26:54) POSTSCRIPTS TO THE NEWS: Mitt Romney's going to retire at the end of his Senate term. I wonder if anyone will notice. My GOD they're treating this like Daniel Webster leaving the Senate in 1850. In fact, Mitt Romney is one of the dumbest, least perceptive people ever in public service - a man so dim that it wasn't until after January 6th that he realized smart colleagues like Ted Cruz and Josh Hawley might not actually think Trump had won but were just LYING FOR PERSONAL GAIN AT AMERICA'S COST. And for me, nothing will erase from my memory the day I awoke to find that Mitt had tweeted about me, complained about me, and as Tommy Vietor replied "It's long past time to break ground on a Both Sides museum in Washington, DC. This comparison of the President of the United States to Keith Olbermann MUST be preserved for future generations." But it what Mitt was complaining ABOUT that will always resonate: that I had despoiled American politics by calling Trump a terrorist. Three months later Mitt was a virtual hostage inside the Capitol, pinned there by... Trump's terrorists. C-Block (38:43) GOOD NIGHT AND GOOD LUCKSee omnystudio.com/listener for privacy information.
In today's episode, we speak with David Gelles, a business journalist and author of the new book "The Man Who Broke Capitalism." Gelles examines how former GE CEO Jack Welch fundamentally altered capitalism with his ruthless focus on short-term profits over people. We discuss the lasting influence Welch had on business education and management philosophies. Gelles shares examples of alternative leadership models that balance profit and purpose, caring for employees and communities. He advises listeners to question assumptions and lead with more empathy. Though brilliantly effective, Welch's "shareholders over stakeholders" approach set a destructive precedent that still permeates business. Gelles hopes to inspire more conscious capitalism that serves society. This thought-provoking episode examines the complicated legacy of Jack Welch and the profit-first approach that has permeated leadership. __________________ Start your day with the world's top leaders by joining thousands of others at Great Leadership on Substack. Just enter your email: https://greatleadership.substack.com/
Episode 103: You don't have to look far to see the ravages of climate change. In recent weeks, one of the deadliest wildfires in U.S. history killed scores of people in Hawaii, and July was the hottest month ever recorded. Host Richard Kyte and Scott Rada talk about how we must do two things at once — try to somehow slow the warming while also being better prepared for the effects still to come. Links to stories discussed during the podcast: The clean energy future is arriving faster than you think, by David Gelles, Brad Plumer, Jim Tankersley and Jack Ewing, The New York Times Young environmental activists prevail in first-of-its-kind climate change trial in Montana, by Matthew Brown and Amy Beth Hanson, The Associated Press How climate change could cause a home insurance meltdown, by Michael Copley, Rebecca Hersher and Nathan Rott, National Public Radio About the hosts: Scott Rada is social media manager with Lee Enterprises, and Richard Kyte is the director of the D.B. Reinhart Institute for Ethics in Leadership at Viterbo University in La Crosse, Wis.See omnystudio.com/listener for privacy information.
Chad opens the hour with talk about the push for clean energy in America by speaking with New York Times reporter David Gelles. Later, Jamie Yuccas joins from Los Angeles to talk about the Maui wildfires and laws against smoking in cars with children present.
New York Times reporter David Gelles joins Chad to talk about an extensive series he helped put out looking at how quickly America is actually moving towards renewable energy sources.
This week, a historic case has landed in a Montana courtroom. A group of young environmentalists is suing the state, arguing that its embrace of fossil fuels is destroying pristine environments, upending cultural traditions and robbing young residents of a healthy future.David Gelles, a climate correspondent for The Times, explains why the case could be a turning point, and what a win in Montana would mean for the future of the climate fight.Guest: David Gelles, a climate correspondent for The New York Times.Background reading: The landmark youth climate trial, which has been more than a decade in the making, began on Monday in Montana.Sixteen young Montanans have sued their state, arguing that its support of fossil fuels violates the state Constitution.For more information on today's episode, visit nytimes.com/thedaily. Transcripts of each episode will be made available by the next workday.
Many on the left say that the growing climate crisis is the inevitable result of unbridled capitalism – industries seeking profits above all else. In “The Big Myth,” Naomi Oreskes (who brought us “Merchants of Doubt”) points to a concerted effort from American business groups to propagate the myth that only markets free of government regulation can generate prosperity and protect political freedom. “If we actually had appropriate regulations, appropriate rules of the road, we wouldn't be in this position of having to beg corporate leaders not to destroy the planet,” Oreskes says. This myth has grown so pervasive that American citizens now put more faith in CEOs than in religious leaders, according to David Gelles, author of “The Man Who Broke Capitalism.” What should be done to change the narrative? Guests: Naomi Oreskes, Professor of the History of Science, Harvard David Gelles, Reporter, The New York Times Kate Khatib, Co-Director, Seed Commons For show notes and related links, visit https://www.climateone.org/watch-and-listen/podcasts Learn more about your ad choices. Visit megaphone.fm/adchoices
Many on the left say that the growing climate crisis is the inevitable result of unbridled capitalism – industries seeking profits above all else. In “The Big Myth,” Naomi Oreskes (who brought us “Merchants of Doubt”) points to a concerted effort from American business groups to propagate the myth that only markets free of government regulation can generate prosperity and protect political freedom. “If we actually had appropriate regulations, appropriate rules of the road, we wouldn't be in this position of having to beg corporate leaders not to destroy the planet,” Oreskes says. This myth has grown so pervasive that American citizens now put more faith in CEOs than in religious leaders, according to David Gelles, author of “The Man Who Broke Capitalism.” What should be done to change the narrative? Guests: Naomi Oreskes, Professor of the History of Science, Harvard David Gelles, Reporter, The New York Times Kate Khatib, Co-Director, Seed Commons For show notes and related links, visit https://www.climateone.org/watch-and-listen/podcasts Learn more about your ad choices. Visit megaphone.fm/adchoices
Guy and Liz Young discuss manufacturing data (2:00), the rangebound S&P 500 (4:30), small caps (10:30), the debt ceiling (15:30), and big box retail earnings (21:30). After the break, Dan and Guy interview David Gelles, New York Times bestselling author of “The Man Who Broke Capitalism” and an award-winning correspondent for the New York Times, and talk about his life as a journalist (28:30), climate change (35:30), and how he came to write his book about Jack Welch (44:30). Read: How Jack Welch's Reign at G.E. Gave Us Elon Musk's Twitter Feed ---- See what adding futures can do for you at cmegroup.com/onthetape. ---- Shoot us an email at OnTheTape@riskreversal.com with any feedback, suggestions, or questions for us to answer on the pod and follow us @OnTheTapePod. We're on social: Follow us on Instagram @RiskReversalMedia Subscribe to our YouTube page
Another weekend has brought another horrific mass shooting, this time in Texas — and for the editorial staff at "Meet the Press," the question of how to give each its due coverage in a country where gun deaths have unfortunately become all too common. David Gelles, the show's executive producer, joins Chuck to bring the curtain back on how the longest-running show in television history gets made every week.
Meet Jack Welch, celebrated wrecker of real jobs and leading light of Wall Street wankers. Please share this episode with your friends and start a conversation.For an entertaining deep dive into the theme of season five (Phalse Prophets), read the definitive peer-reviewed taxonomic analysis from our very own Jason Bradford, PhD. Sources/Links/Notes:David Gelles, The Man Who Broke Capitalism: How Jack Welch Gutted the Heartland and Crushed the Soul of America—and How to Undo His Legacy (2022).David Gelles, "How Jack Welch's Reign at G.E. Gave Us Elon Musk's Twitter Feed," New York Times (2022).Malcolm Gladwell, "Was Jack Welch the Greatest C.E.O. of His Day--Or the Worst?," The New Yorker (2022).Geoff Colvin, "The Ultimate Manager," Fortune (1999).Matthew J. Belvedere, "Jack Welch says Obama's ‘wacky' climate-change agenda hurts the US economy," CNBC (2016)."Jack Welch Fast Facts," CNN (2020).Scott Tong, "This is how shareholders got to be first in line for profits," Business Insider (2016).James B. Stewart, "Did the Jack Welch Model Sow Seeds of G.E.'s Decline?," New York Times (2017). Jack & Suzy Welch Winning (2005).Geoff Gloeckler, "Jack Welch Launches Online MBA," Bloomberg Businessweek (2009).Della Bradshaw, "Jack Welch on the executive MBA he created in his own image," Financial Times (2014).Jack Welch Management Institute .Oxfam "Top 1% grab twice as much new wealth as everyone else combined".Economic Policy Institute “CEO pay has skyrocketed". Support the show
This week listen to the NY time journalist David Gelles talk about his new book with this title. How one man came to embody the 1980's shift to short term shareholder focus—and the negative legacy we are dealing with from this today. The stories we tell about business influence our perceptions of business- David Gelles tells a compelling story of how Welch's story, seen in hindsight, represented an important negative turning point in the history of business and a legacy we are having to turn from today. ** If you enjoy this podcast, would you consider leaving a review on Apple Podcasts/iTunes? It takes only a few seconds and greatly helps us get our podcast out to a wider audience. Please subscribe on Apple Podcasts / Spotify / Stitcher, or wherever you get your podcasts. For transcripts and show notes, please go to: https://www.theconsciouscapitalists.com Thank you for your support! Timothy & Raj
EPISODE 85: Joanna Bloor on the Cinderella Story you haven't heard 1. Potentialist and new author Joanna Bloor Joanna's site: https://joannabloor.com Joanna's book: Tales of Potential: The Cinderella Story You Haven't Heard Site: https://www.talesofpotential.com/ 2. Quick Takes Layoffs as coordinated contagion: https://www.linkedin.com/feed/update/urn:li:activity:7031259963830202368/ And if that intrigues you check out my TikTok #3MinuteBookReview of The Man Who Broke Capitalism by David Gelles: https://www.tiktok.com/@elisacp/video/7203500286768483630 Author Charlie Jane Anders on separating the art and artist: https://buttondown.email/charliejane/archive/jk-rowling-and-separating-the-art-from-the-artist/ My TikTok #3MinuteBookReview links: Cloud Cuckoo Land by Anthony Doerr: https://www.tiktok.com/@elisacp/video/7195720984035462446 These Precious Days by Ann Patchett: https://www.tiktok.com/@elisacp/video/7202743855353990443 Demon Copperhead by Barbara Kingsolver: https://www.tiktok.com/@elisacp/video/7205362302130916651 Pilates for Abortion Funds link: http://pilatesforabortionfunds.org/ Where to find me: My website: https://elisacp.com Sign up for my new newsletter, This Week-ish with Elisa Camahort Page: https://elisacp.substack.com New Calendly: schedule a session with me!: https://calendly.com/elisacp Thanks to Ryan Cristopher for my podcast music: https://music.apple.com/us/artist/ryan-cristopher/1479898729 Road Map for Revolutionaries by me, Carolyn Gerin and Jamia Wilson: https://elisacp.com/books Social media handles: TikTok: @ElisaCP Mastodon: elisa@sfba.social Spoutible: @ElisaCP Twitter: @ElisaC Insta: @ElisaCP Please share, subscribe, rate and review!
When you purchase an item after clicking a link from this post, we may earn a commission.Devin: What do you see as your superpower?Ken: One of the things I've learned is that I work well with entrepreneurs. I've been a five-time entrepreneur myself, but I've also enjoyed working with other entrepreneurs.“We're the oldest, and we believe also the largest business accelerator in the clean tech climate space,” says Ken Hayes, executive director of Cleantech Open.Cleantech Open was created to help climate and environmentally-focused entrepreneurs get support, attention and financing they weren't receiving in the marketplace.The goal was to help these entrepreneurs build successful businesses. “If a business is not successful commercially, it won't also be able to succeed in the environmental realm,” Ken says.Over 1,900 companies have gone through the Cleantech accelerator.“We work with about 100 companies a year. We match them to business mentors. So we have over 1000 volunteers,” he says. “These are business people that volunteer their time. So, we're one big community working together to try to help these entrepreneurs become successful.”From each cohort, the team chooses a grand prize winner. Ken emphasizes the experience that all the participants receive over the four to five-month curriculum. They all benefit.The winner of the last cohort was Renegade Plascis, which is producing an environmentally friendly alternative to PVC-coated fabrics. “Our low-carbon coated fabrics curtail plastic waste and reduce greenhouse gas emissions,” the website says. “They have a high UV, thermal and chemical resistance and do not contain any PVC, heavy metals, PFAS or phthalates.”The accelerator works with companies in eight categories:* Energy generation, * Energy storage, * Energy efficiency, * Information and communications technologies* Transportation,* Green building * Agriculture, water and waste* Chemicals and advanced materialsCleantech Open is also concerned with climate and environmental justice. Ken says:We all have the right to have fresh air, fresh water, clean, clean air. A lot of the companies that are going through Cleantech Open are targeting these communities in order to improve them, make sure that their technologies are not just for wealthy people or wealthy homes but can be used in many different situations and can become affordable and available to people of all backgrounds and all communities.Over his career, Ken has developed a superpower working to support entrepreneurs.How to Develop Working With Entrepreneurs As a SuperpowerOne key to Ken's success in building this superpower was the decision to develop it. “I've wanted to expand the scale of my impact in a positive way,” Ken says.“What I'm good at is starting small companies, getting them to about 20 people and selling them,” he says. “I wanted to figure out how I could leverage that skill to help others become successful.”“When you have your own startup, you're only impacting yourself and your direct colleagues, and all of your eggs are in one basket,” Ken notes.As an angel investor, he learned he could help more people but limited resources constrained his impact. He co-founded a venture capital fund called Canyon Creek Fund II. That increased the breadth of his impact with funds from limited partners, allowing it to invest in 40 companies.“Still, I thought there was an opportunity to do more,” he says. “I was approached by the leaders from Cleantech Open to join Cleantech Open. Here it was! Wow! We have 100 to 150 companies a year.”“I'm a catalyst; I'm a sounding board,” Ken says. “I can provide lessons from the trenches, from past wars, so to speak, and create the system and a platform that can help these entrepreneurs learn and become better.”“Going through the program for 99% of these companies, they do not give up any equity,” he says. “So we're not out here trying to make ourselves wealthy. We're here to help those entrepreneurs become better entrepreneurs.”Ken says, “We're here to make the world a better place and make these entrepreneurs successful.”As an example of the impact of his work supporting entrepreneurs, he highlighted FIGS, a company in which he invested early (and that was coincidentally featured on my show nearly a decade ago.)Although the successful female entrepreneurs bought him out after 18 months, they went on to list their enterprise on the New York Stock Exchange.Ken has two critical tips for learning to help entrepreneurs succeed.The first is “radical candor.” He says, “Be real. Tell them how it really is. Don't sugarcoat it because you're not doing them any favors. But do it from a place of sincerity and empathy.”The second point is to remind the entrepreneurs of an essential fact. “Those who learn fastest are the ones that are going to be successful.”He prefers the phrase “learn fast” to “fail fast.”There's another business technique called fail fast. I don't like that word because it connotes failure. Like, who wants to fail fast? Like, I don't want to keep failing. I would I rather use the term learn fast, which means you're testing. You're trying out new ideas. Maybe you're doing iterative campaigns, but the whole point is to learn as fast as possible about what's going to work, whether it's trying to discover a customer segment, trying to discover how a technology is going to get adopted. It's all about learning that as quickly as possible and ideally based on evidence.By employing Ken's example and counsel, you can learn to master the art of helping entrepreneurs succeed, making it a superpower that enables you to do more good in the world.Recently, I read The Man Who Broke Capitalism by David Gelles. I keep recommending the book to people, so I figured I should take a moment share it with you. Get full access to Superpowers for Good at devinthorpe.substack.com/subscribe
This week listen to the NY time journalist David Gelles talk about his new book with this title. How one man came to embody the 1980's shift to short term shareholder focus—and the negative legacy we are dealing with from this today. The stories we tell about business influence our perceptions of business- David Gelles tells a compelling story of how Welch's story, seen in hindsight, represented an important negative turning point in the history of business and a legacy we are having to turn from today. ** If you enjoy this podcast, would you consider leaving a review on Apple Podcasts/iTunes? It takes only a few seconds and greatly helps us get our podcast out to a wider audience. Please subscribe on Apple Podcasts / Spotify / Stitcher, or wherever you get your podcasts. For transcripts and show notes, please go to: https://www.theconsciouscapitalists.com Thank you for your support! Timothy & Raj
On this episode of the Posthoc podcast, we interview author and journalist David Gelles. David is the author of the new book "The Man Who Broke Capitalism," a dive into the tumultuous legacy left behind by Jack Welch. David is a reporter on the Climate desk at The New York Times and has profiled many CEOS as the Corner Office columnist.
Why The Owner of Patagonia Gave Away The Whole Company Earlier this week, the founder and owner of Patagonia Yvon Chouinard—the company known for their famous puffer jackets and outdoor gear—gave away the whole company. Who'd he give it to? The Earth. “Hopefully this will influence a new form of capitalism that doesn't end up with a few rich people and a bunch of poor people,” Chouinard told David Gelles for The New York Times. “We are going to give away the maximum amount of money to people who are actively working on saving this planet.” Purbita Saha, deputy editor at Popular Science, debriefs Ira on Chouinard's decision, as well as other science stories of the week. They talk about if it's safe to get the COVID booster and flu shot at the same time, how a new blood test could catch early stages of cancer, why the night sky is bluer, the reason why NASA is crashing a spacecraft into an asteroid, and the fight over trash between cockatoos and Australians. Depression Isn't Caused By Low Serotonin. So How Do Antidepressants Work? In 2001, a now classic Zoloft commercial hit the airwaves—featuring a sad little blob with a rain cloud following it around. The commercial explains that “while the cause is unknown, depression may be related to an imbalance of natural chemicals between nerve cells in the brain. Prescription Zoloft works to correct this imbalance.” That theory of depression as a chemical imbalance is based on a simple premise: Depressed people's brains lack serotonin. If a patient takes a serotonin reuptake inhibitor (SSRI), like Prozac or Zoloft, it boosts their serotonin levels, and their depression lifts. The trouble is that when researchers started testing this theory they found it didn't hold up. Serotonin is certainly involved in depression. But it's way more complicated than it originally seemed.To be clear, there is a body of research showing that antidepressants do work—it's just unclear exactly how they work. Read the rest at sciencefriday.com. Understanding Metabolism Genes Might Improve Depression Treatment Sometimes finding the right antidepressant medication is basically trial and error. Scientists are still trying to figure out why some antidepressants work for some people, but not others. Researchers at the Veterans Administration wanted to know if genetic testing might help doctors with prescribing the antidepressant best suited for their patients. Specifically, they examined genes that indicate whether or not someone is able to properly metabolize a medication. Ira is joined by Dr. David Oslin, professor of psychiatry at the Crescenz Department of Veterans Affairs Medical Center and University of Pennsylvania Perelman School of Medicine, to explain his latest research and its broader implications. Transcripts for each segment will be available the week after the show airs on sciencefriday.com.
New York Times reporter David Gelles claims in his latest book that legendary General Electric CEO Jack Welch is the root of all that's wrong with capitalism today. The title of his book is "The Man Who Broke Capitalism: How Jack Welch Gutted the Heartland and Crushed the Soul of Corporate America – And How to Undo His Legacy." Mr. Gelles says while Welch made G.E. the most valuable company on Earth, his strategies ultimately destroyed what he loved so dearly. Learn more about your ad choices. Visit megaphone.fm/adchoices
Sam and Emma host David Gelles, climate reporter for the New York Times, to discuss his recent book The Man Who Broke Capitalism: How Jack Welch Gutted the Heartland and Crushed the Soul of Corporate America-and How to Undo His Legacy. First, Sam and Emma dive into the role of the Dobbs decision in getting out the vote for Democrats, Pelosi's visit to Taiwan, DeSantis' attacks on restaurants hosting queer events, and Bill Cassidy says he'll vote for the Veteran healthcare bill when it's going to pass (which, of course, would be helped by his vote). Then, they're joined by David Gelles as he dives right into why he took an interest in Jack Welch after interviewing hundreds of CEOs that all tied back to his influence, with the straw that broke the back being his discovery of Welch's proteges in the financialization of Boeing in the lead up to their multi-crash fiasco in the 2010s. Next, he dives into a history of Welch and GE, the latter which served as the pinnacle of welfare capitalism up until the former's takeover at the start of the ‘80s, beginning with how his arrival as CEO brought in a framework of economics built on the back of Milton Friedman and incentivized by one Ronald Reagan. Sam, Emma, and David then dive into the capitalist revolution that Jack Welch oversaw, moving the industrial emphasis from holistic production to efficient production, emphasizing outsourcing for cheaper labor and financialization that put a focus on filling the pockets of shareholders and executives, before expanding on the greater cultural changes, including a shift away from the industrial production GE was known for to a constantly churning and diversified portfolio – from media to crediting and subprime mortgages – that effectively turned the company into a deregulated bank, and the move towards efficiency in the workplace that began to kill the innovation that had defined their role in US production. After a quick discussion on how Welch went out of his way to engage with unionized labor, Gelles dives into Welch's influence on Boeing (and the rest of the neoliberal world), the role of media and media control in this economic revolution, and the failure of neoliberal governments to actually reign in capitalism via regulations. They wrap up the interview by diving into what needs to change to move away from Welch's vision for American profits, and the role of Capitalism as inherently contributing to this issue. And in the Fun Half: Sam and Emma discuss the disaster in Kentucky and the stupidity of red state/blue state culture, discuss Roger Stone and Matt Gaetz's ever subtle discussion about “the boss” making sure they didn't “do time” (who knows what that could be about), and discuss Lucas Kunce's opponent's local fundraising tactic: take from your own bank account! Joe Manchin gets on Meet the Press and does a pretty little dance around actually supporting his party, the Good Liars crash the burial sight of Ivanna Trump (horrifying!), and Bro Flamingo dives into employment and the economy. Sam from Oregon discusses disagreement and denouncement on the left, Justin from Chicago thanks twerking for his politics, and Sophia from Atlanta dives into the impact of Georgia's “Guns Everywhere” law on the presence of non-murder-affiliated activity in the region. They also touch on DeSantis relying on a 1947 ruling to punish a restaurant throwing community drag events, plus, your calls and IMs! Check out David's book here: https://www.simonandschuster.com/books/The-Man-Who-Broke-Capitalism/David-Gelles/9781982176440 Become a member at JoinTheMajorityReport.com: https://fans.fm/majority/join Subscribe to the AMQuickie newsletter here: https://am-quickie.ghost.io/ Join the Majority Report Discord! http://majoritydiscord.com/ Get all your MR merch at our store: https://shop.majorityreportradio.com/ Get the free Majority Report App!: http://majority.fm/app Check out today's sponsors: LiquidIV: Cooler weather makes it easier to miss signs of dehydration like overheating or perspiration, which means it's even more important to keep your body properly hydrated. Liquid I.V. contains 5 essential vitamins—more Vitamin C than an orange and as much potassium as a banana. Healthier than sugary sports drinks, there are no artificial flavors or preservatives and less sugar than an apple. 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Just go to this exclusive web address, https://www.ziprecruiter.com/majority to try ZipRecruiter for free! Stamps.com: Taking trips to the Post Office is probably not how you want to spend your time. – that's why you should mail and ship online at Stamps dot com., the place where you get the services of the Post Office and UPS all in one place. There's NO risk - and with my promo code, MAJORITYREPORT, you get a special offer that includes a 4-week trial PLUS free postage and a digital scale. Just go to https://www.stamps.com/, click on the Microphone at the TOP of the homepage and type in MAJORITYREPORT - that's https://www.stamps.com/, promo code MAJORITYREPORT. Stamps.com - never go to the post office again. 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That man is the late and lionized CEO of General Electric, Jack Welch, whose relentless pursuit of quarterly earnings and shareholder value at the exclusion of everything else influenced generations of CEOs and his approach could be the single biggest reason the U.S. finds itself in the precarious economic and political state it is. Ralph speaks with New York Times columnist, David Gelles, who wrote the book on Welch, “The Man Who Broke Capitalism: How Jack Welch Gutted the Heartland and Crushed the Soul of Corporate America — and How to Undo His Legacy.” Plus, Ralph rails against the proposed congressional handout to the microchip industry and the Senate oversight committee's lack of oversight of the Pentagon budget.
This week, Alexis gets non-technical with David Gelles, Climate reporter at the New York Times and Author of 'The Man Who Broke Capitalism.' They talk about suburban good mornings, CHAPSTICK!!!!, child wave blockers, American Willpower, and attending high school in a church attic (naturally!). You can find David on Twitter at twitter.com/dgelles and Alexis at twitter.com/yayalexisgay or instagram.com/yayalexisgay and twitter.com/NonTechnicalPod.This episode is sponsored by Betts Recruiting! If you're a high-performing professional looking for your next opportunity, it's time to become a Betts Connect Community member. Apply to join Betts' exclusive network, and if you're accepted, those tech startups will reach out to YOU. Apply now for your exclusive lifetime membership at bettsrecruiting.com/nontechnical
"New York Times" reporter David Gelles is the author of the best-selling book about Jack Welch entitled "The Man Who Broke Capitalism." In addition to going deep into the Chairman and CEO of General Electric, we discuss Boeing and the climate, Gelles's beats too. See omnystudio.com/listener for privacy information.
Ryan talks to David Gelles about his new book The Man Who Broke Capitalism: How Jack Welch Gutted the Heartland and Crushed the Soul of Corporate America―and How to Undo His Legacy, the importance of developing a strong will, David Gelles is a reporter for the Climate desk and the Corner Office columnist for the New York Times. Before joining the Times in 2013, he spent five years with the Financial Times. At the FT, he covered tech, media and M&A in San Francisco and New York. In 2011 he conducted an exclusive jailhouse interview with Bernie Madoff, shedding new light on the $65 billion ponzi scheme.InsideTracker provides you with a personalized plan to improve your metabolism, reduce stress, improve sleep, and optimize your health for the long haul. For a limited time, get 20% off the entire InsideTracker store. Just go to insidetracker.com/STOIC to claim this deal.The Daily Stoic is now available as a Shortcast on Blinkist. You can revisit past episodes or get through ones you missed—all with a fresh perspective and even a few updates in insight-packed listens of around 15 minutes. Check it out at blinkist.comTen Thousand makes the highest quality, best-fitting, and most comfortable training shorts I have ever worn. Ten Thousand is offering our listeners 15% off your purchase. go to Tenthousand.cc/stoic to receive 15% off your purchase.MUD WTR is a coffee alternative with 4 adaptogenic mushrooms and ayurvedic herbs with 1/7th the caffeine of a cup of coffee. Go to mudwtr.com/STOIC and use code STOIC to get 15% off your first purchase.✉️ Sign up for the Daily Stoic email: https://dailystoic.com/dailyemail
SEGMENT 1 with David Gelles, starting at 0:00: In our society today, we revere many of our most financially successful business leaders with almost religious dedication. Think about all the memorials at Apple stores by consumers when Steve Jobs died… or the respect that Elon Musk, Jeff Bezos, and Richard Branson get. Is this deserved?SEGMENT 2 with Ivy Walker, starting at 19:00: I always said that if entrepreneurs knew the risks they were taking in starting a business, they never would be doing it. Risk management is something that every small business owner needs to do. Here to simplify it for entrepreneurs and small business owners is Ivy Walker. SEGMENT 3 with Garrett Baird, starting at 36:15: Bookkeeping and accounting consistently confounds small business owners. How can we make it simpler? Garrett Baird is here to help.Sponsored by Truly Financial.
Doug speaks with Ellora Derenoncourt, co-author of a National Bureau of Economic Research paper about the racial wealth gap from 1860 to 2020. Then, an interview with David Gelles, author of The Man Who Broke Capitalism, about Jack Welch, CEO of GE from 1981 to 2001.Behind the News, hosted by Doug Henwood, covers the worlds of economics and politics and their complex interactions, from the local to the global. Find the archive here: https://www.leftbusinessobserver.com/Radio.html See acast.com/privacy for privacy and opt-out information.
Behind the News, 6/16/22 - guests: Ellora Derenoncourt on the racial wealth gap; David Gelles on Jack Welch - Doug Henwood
Kara and Scott sounds off about the rumors of a Netflix-Roku deal. Also, the Senate could vote on two antitrust bills this month. And Meta is delaying its rollout of AR glasses. Friend of Pivot, David Gelles to discuss his new book on Jack Welch, "The Man Who Broke Capitalism."You can find David's book here. Send us your Listener Mail questions by calling us at 855-51-PIVOT, or via Yappa at nymag.com/pivot. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Donald Trump knew he lost the election, yet conned millions of Americans into thinking there was fraud and that he was the rightful victor. That's the allegation laid out publicly today by the January 6 committee. The proof put forward came from Trump's own advisers and former attorney general, who said they told Trump they did not see any evidence of fraud that could change the election outcome. Joining the show to discuss are Norm Eisen, who recently authored a guide to the hearings, "Trump on Trial"; and Asha Rangappa, a lawyer and former FBI special agent. Also on today's episode: Pulitzer Prize winning journalist Ed Yong, author David Gelles, and ABBA member Björn Ulvaeus. To learn more about how CNN protects listener privacy, visit cnn.com/privacy
How big index fund and ETF providers have increased their sway over publicly-traded companies while potentially discouraging competition. What can be done about it?Topics covered include:How market share for assets under management has become increasingly concentrated with big fund complexes like Vanguard and BlackRockWhat is a fiduciary relationship and how do asset managers serve as fiduciariesWhy do investors in index funds and ETFs have no input as to how fund sponsors vote on shareholder proposalsWhat percentage of outstanding shares do Vanguard and BlackRock own of publicly traded companies like Apple, Target, or gun manufacturersHow Vanguard and BlackRock use engagement and voting policies to influence publicly traded companies, particularly when it comes to climate risk and diversityHow ownership by Vanguard and BlackRock in publicly-traded companies in the same industry could discourage competition.What can be done through regulation or through individual action to reduce Vanguard and BlackRock's influenceSponsorsPolicygenius - save over 50% on life insuranceWealthfront - get your first $5,000 managed for free for lifeShow NotesWhat BlackRock, Vanguard and State Street Are Doing to the Economy by Farhad Manjoo—The New York TimesInvestment Company Fact BookWorld's Top Asset Management Firms—ADV RatingWest Virginia Treasury Drops BlackRock Over Stance on Climate Risk by Alicia McElhaney—Institutional InvestorHow an Organized Republican Effort Punishes Companies for Climate Action by David Gelles and Hiroko Tabuchi—The New York TimesThe Future of Corporate Governance Part I: The Problem of Twelve by John C. Coates, IVLarry Fink's 2022 Letter to CEOs: The Power of CapitalismBlackRock's gun money by Dan Primack—AxiosInvestment Stewardship 2021 Annual Report—VanguardProxy Voting Policy for U.S. Portfolio CompaniesAnticompetitive Effects of Common Ownership by José Azar, Martin C. Schmalz, and Isabel TecuCommon Ownership and Industry Profitability: A Crossindustry View by Haifeng Wang, Jan-Carl Plagge, James Rowley, Roger A Aliaga-DiazHow ESG investing came to a reckoning by Harriet Agnew, Adrienne Klasa and Simon Mundy—Financial TimesSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
SUBSCRIBE & SUPPORT THE SHOW: realignment.supercast.comThis episode and our expanded coverage are made possible thanks to our Supercast subscribers. If you can, please support the show above.REALIGNMENT NEWSLETTER: https://therealignment.substack.com/BOOKSHOP: https://bookshop.org/shop/therealignmentEmail us at: realignmentpod@gmail.comDavid Gelles, "Corner Office" columnist at The New York Times and author of The Man Who Broke Capitalism: How Jack Welch Gutted the Heartland and Crushed the Soul of Corporate America -- and How to Undo His Legacy, joins The Realignment to discuss how Jack Welch's 1981 assumption of the CEO role at General Electric ushered in a new, cutthroat era of American capitalism while permanently redefining the role of the CEO.
The legendary GE CEO wowed investors and mingled with celebrities. But New York Times correspondent David Gelles says Welch's aggressive tactics also caused irreparable harm to American industry. His book is The Man Who Broke Capitalism. David Bianculli reviews a Netflix comedy special by the late Norm Macdonald.
This week, Felix Salmon, Emily Peck, and Elizabeth Spiers talk to David Gelles of the New York Times about his new book The Man Who Broke Capitalism: How Jack Welch Gutted the Heartland and Crushed the Soul of Corporate America—and How to Undo His Legacy. They discuss the infamous former CEO of GE and his lasting negative effect on the American corporate landscape. In the Plus segment: More with David Gelles. Podcast production by Jessamine Molli. David Gelles is an author and a correspondent on the Climate desk at the New York Times. Thanks Avast.com! Learn more about your ad choices. Visit megaphone.fm/adchoices
This week, Felix Salmon, Emily Peck, and Elizabeth Spiers talk to David Gelles of the New York Times about his new book The Man Who Broke Capitalism: How Jack Welch Gutted the Heartland and Crushed the Soul of Corporate America—and How to Undo His Legacy. They discuss the infamous former CEO of GE and his lasting negative effect on the American corporate landscape. In the Plus segment: More with David Gelles. Podcast production by Jessamine Molli. David Gelles is an author and a correspondent on the Climate desk at the New York Times. Thanks Avast.com! Learn more about your ad choices. Visit megaphone.fm/adchoices
This week, Felix Salmon, Emily Peck, and Elizabeth Spiers talk to David Gelles of the New York Times about his new book The Man Who Broke Capitalism: How Jack Welch Gutted the Heartland and Crushed the Soul of Corporate America—and How to Undo His Legacy. They discuss the infamous former CEO of GE and his lasting negative effect on the American corporate landscape. In the Plus segment: More with David Gelles. Podcast production by Jessamine Molli. David Gelles is an author and a correspondent on the Climate desk at the New York Times. Thanks Avast.com! Learn more about your ad choices. Visit megaphone.fm/adchoices