Capitalism, wrote economist Andrew Shonfield, is “the great engine of prosperity of the postwar Western world.” Karl Marx, on the other hand, asserted that capitalism sows the seeds of its own demise. Could both things be true? On the Stigler Center/CBR podcast Capitalisn’t, hosts Luigi Zingales of Chicago Booth and Kate Waldock of Georgetown examine questions that help indicate how well capitalism is—or isn’t—functioning in the context of contemporary culture, technology, and politics. For more on the show and its hosts, visit Capitalisnt.com.
As ad revenue continues to decline, more and more news organizations are turning to paid and sponsored content. Luigi and Kate revisit the decades-old music payola scandal and debate how to ensure proper disclosure in the digital age.
In the brave new world of cryptocurrency the latest frenzy involves initial coin offerings (ICOs), which make Bitcoin look tame by comparison. Luigi and Kate explore this volatile, largely unregulated market and consider creating their own ICO.
‘Quitaly.’ ‘Italeave.’ Whatever you call it, Italy’s recent election results are stoking fears that the once staunch supporter of the EU may be the next country to exit. Kate and Luigi dicuss how we got here and why it matters.