Charles Kahn

speaker
743 appearances 2 recordings 1 series first heard Oct 2024 last heard Aug 2025

Charles Kahn’s voice in public audio — every appearance, attributed to the second.

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So those least well off economically among us also get.
most of the crap, the the negative externalities of the system in addition.
We know that there isn't perfect competition.
In fact, we live in an increasingly winner takes all world.
Right.
Think about big media companies now.
Think about the power that they command.
compared to the past.
Regulators are completely outclassed, especially in multinational corporations.
They just move jurisdictions, they shift profit around.
And so Fried's Friedman's world
was a pretty world for a group of neoclassical economics from roughly nineteen fifty to nineteen seventy.
And business schools taught that and in including long after that.
That's not the world we live in.
And the conclusions that flow from that model are wrong.
Yeah, let's stop on that for one minute though, because I think it's I think it's a really important place to sort of draw another line, which is
I think that's why you see
um folks like the business roundtable, like uh BlackRock and other big um holders of financial assets.
taking a gen generally ESG positive view.
Because they have to hold shares for a long time.
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