Marketplace Logo Donate

Daily business news and economic stories from Marketplace

The state of the union is … not great

Heard on:
Workers clean damage near an overrun Capitol Police checkpoint a day after a pro-Trump mob broke into the US Capitol January 7, 2021, in Washington, DC.

Workers clean damage near an overrun Capitol Police checkpoint a day after a pro-Trump mob broke into the US Capitol January 7, 2021, in Washington, DC. BRENDAN SMIALOWSKI/AFP via Getty Images

get the podcast

This country’s been through a lot since we started this podcast four years ago.

Hell, we’ve been through a lot in just the past three Wednesdays: an insurrection, a (second!) impeachment and an inauguration. Coming off this not-so-peaceful transition of power and months of election conspiracies, President Joe Biden declared in his inauguration speech, “Democracy has prevailed.”

Has it, though? Sure, the insurrection failed, but that doesn’t mean our democracy is in particularly good shape after these four years or even the past 40 years.

“The task of rebuilding U.S. institutions is far from trivial. The way that I see it is that the deep problems, economic and cultural, that brought [Donald] Trump to power are still there,” said MIT economist Daron Acemoglu. “And I fear Trump will not be the last American populist, and the next one may be smarter and more damaging.”

We’ll talk with Acemoglu, who wrote the book “Why Nations Fail,” about the state of our democracy, the health of our economy, how one affects the other and how we might start to heal what ails us.

Later in the show, Kai goes full sneakerhead and we talk about why it should be “climate changed.” Plus we’ll look back to our first episode, and listeners tell us what they want the “other side” to know about them.

When you’re done listening, tell your Echo device to “make me smart” for our daily explainers. This week: vending machines, Monopoly and e-books. Also, don’t forget to subscribe to our newsletter! You can find the latest issue here.

Here’s everything we talked about today:

Finally: We need your voice memos! Tell us what you think of the show or ask a question for Kai Ryssdal and Molly Wood to answer! Here’s how to do it.

What's Next

Latest Episodes From Our Shows

Listen
5:37 PM PDT
14:41
Listen
3:39 PM PDT
28:05
Listen
1:45 PM PDT
1:50
Listen
7:33 AM PDT
7:47
Listen
Jul 6, 2022
6:04
Listen
Jun 30, 2022
31:02
Listen
Jul 5, 2022
26:25
Exit mobile version