Current Affairs

A podcast of politics and culture, from the editors of Current Affairs magazine.

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Today we take a dive into the world of "corporate bullshit" with Nick Hanauer, who has become an expert on spotting and debunking it. Nick is a businessman who became known for warning of the devastating social effects of plutocracy, and who now hosts the "Pitchfork Economics" podcast which presents sharp conversations with leading progressive economic experts.

Nick's latest project is the book Corporate Bullsh*t, written with Joan Walsh and Donald Cohen. (Listen to Donald's appearance on the CA podcast here.) The book dives into American history to show how every time a progressive reform was proposed, the corporate PR machine spun the proposal as a job-killer, a socialist plot, the end of civilization, etc. Some of the examples collected in the book are truly galling, as Nathan explains in his review of the book here. On this episode, we look at some of the common tendencies used in corporate propaganda and why they can be persuasive to people. We also discuss how Nick came to be a public opponent of plutocracy, and we have a short digression on the fraudulence of the "MyPillow," since Nick comes from a family of immigrants who spent a century making pillows and bedding.

Over the past century and a half, on a broad range of issues including the minimum wage, workplace safety, environmental regulations, consumer protection—even on morally indisputable issues like child labor and racial segregation—the people and corporations who profited from the status quo have effectively wielded a familiar litany of groundless ‘economic’ claims and fear mongering rhetoric in their efforts to slow or quash necessary reforms. As even a cursory examination of the quotes we’ve included in this book will show, the wealthy and powerful are willing to say anything—even the worst things imaginable—to retain their wealth and power. But while there is simply no bottom to this well of shamelessness, there is a pattern.