In this video, I’m exploring how business elites and super-rich industrialists funded a narrative that would come to dominate the 20th century: the myth that free markets equal freedom, that government is the enemy, and that corporate success magically trickles down to benefit everyone else. From child labor and propaganda campaigns to the rise of powerful think tanks and well-funded academics like Ludwig von Mises, Friedrich Hayek, and Milton Friedman, this episode uncovers how the idea of “market fundamentalism” was carefully manufactured — and sold to all of us as common sense. - Anna Bocca
Sources: https://docs.google.com/document/d/1lP6LOVvu-170bTe5gwbJOt9CclZtW3VT1fRvtMbXc0I/edit?usp=sharing
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Chapters:
0:00:00 – 0:03:00 Intro
0:03:01 – 0:07:18 Industrial Capitalism
0:07:19 – 0:11:43 The National Association of Manufacturers (NAM)
0:11:44 – 0:13:40 The Great Depression
0:13:41 – 0:15:23 FDR’s New Deal
0:15:24 – 0:19:45 NAM’s propaganda machine
0:19:46 – 0:24:49 The infiltration of Hollywood
0:24:50 – 0:25:43 The Tripod of Freedom
0:25:44 – 0:27:12 Lobbying Christianity
0:27:13 – 0:31:05 How we got electricity
0:31:06 – 0:33:49 NELA’s molding of young minds
0:33:50 – 0:36:11 Edward L. Bernays & Banana Profits
0:36:12 – 0:38:14 The American Liberty League
0:38:15 – 0:41:21 Keynesianism & Embedded liberalism
0:41:22 – 0:42:06 The unraveling of the Post-War Consensus
0:42:07 – 0:44:59 The Volker Fund
0:45:00 – 0:46:35 Hayek’s The Road to Serfdom
0:46:36 – 0:50:00 Luhnow & The Chicago School of Economics / The Volker Spirit
0:50:01 – 0:51:43 Sponsor
0:51:44 – 1:00:24 George Stigler’s butchering of Adam Smith
1:00:25 – 1:10:25 Milton Friedman
1:10:26 – 1:11:36 The Asymmetry of Propaganda & the Invisible Government
1:11:37 – 1:14:05 General Electric’s “Re-education” campaign of their workforce
1:14:06 – 1:15:14 Reagan's beginnings
1:15:15 – Outro