How to Steal Wealth From Workers — With the Best of Intentions (w/ Zohar Goshen)

Columbia University Law Professor Zohar Goshen joins to discuss his provocative new theory about the root causes of American income inequality. His upcoming publication (co-authored with Prof. Doron Levit) goes beyond the traditional explanations — globalization, automation, taxation — and pushes against a few of Wall Street’s sacred bulls. He also puts forth a pretty nifty solution — one that will never, ever happen, of course.Find us on Apple Podcasts, Spotify, Podcast Addict, and Stitcher. Follow @UncertainPod on your social media of choice.On the agenda:* Corporate Governance 101 [6:29]* Born in the 80s: shareholder primacy and income inequality [13:25]* The conventional inequality explanations [19:10]* What went wrong: the pension problem [27:56]* Strong governance is good [37:25]* Strong governance is bad (the Steve Jobs story) [39:38]* The consequences: Capital gains, workers' loss [46:25]* Why changing corporations won't work [1:01:01]* The big break up we need - and is never gonna happen [1:07:42]* The 2008 financial crisis vs today's [1:16:03]* On ESG - Let's rethink that G [1:25:50] Get full access to Uncertain Things at uncertain.substack.com/subscribe