The Problem With Jon Stewart
4 HN recommenders · recommended in 5 months, 2023–2024
7:52 · 1.4M views · Mar 17, 2023
A short excerpt of Jon Stewart interviewing former Treasury Secretary Larry Summers about the causes of inflation and whether workers or corporate profits are to blame. It comes from an episode of The Problem With Jon Stewart.
HN commenters link it in threads on greedflation and corporate pricing power as an accessible exchange of opposing views.
10 comments from Hacker News
There's an episode of The Problem With Jon Stewart about two months ago where he interviews Larry Summers about inflation in general and corporate profits being part of the issue. It's a real good exchange of viewpoints on the matter -- better than you'd get with most other commentary. Relevant clip is here: this video
Jon Stewart touches on this issue (but for the US): this video It's rather funny (and sad) to watch the entire conversation reflecting how inflation solutions are geared towards benefiting corporations over the people.
I dunno. I think he's the only person doing serious journalism. He had access and was willing to speak truth to power, publicly. this video [LINK] It's not surprising that the show was finally shuttered.
Lots point to Covid-19 ppp and spending to be the cause of inflation. When the majority is supply chain and corporate opportunist. Great interview with Jon Stewart ad fed chair here: this video
I’m not sure whether you will agree wholly or partly with this, your comment can be read more than one way. But several child commenters seem to be reading it as “Government is not the solution to our problems, government is the problem”. So I’m going to address the ever more psychotic Reaganomics that still haven’t “trickled down” 40 years later and how that ties into the energy situation in California. He won his second term the year I was born, in California, so I watched all of this since like, 1989 and was hearing about it in the womb. Enron is arguably the nastiest collapse of any large company due to sanctioned crime, there’s just not another word, a bunch of people went to jail. They lobbied to get energy business de-regulated, and it was so extreme that they had the pull to get something like half the base load generation turned off, spiking the price per kilowatt hour over 4k USD at one point, fire departments were rescuing people from elevators in blackouts. Capitalism sounds awesome: I hope I live to see it. But it’s not practiced in the United States in any credible way: you’re always hearing “it not what you know, it’s who you know”, “you get jobs through your network”, “the value of an Ivy university degree is the people you meet”. “The YC network is an advantage no startup should turn down”. That’s not capitalism, that’s how to get a decent pair of shoes in East Berlin in the 1970s. Or so I’ve been told. Our system is a capture kleptocracy with a core economic