china is in recession because of their covid lockdowns, and china has essentially moved away from the free market economics that helped them until the last five or 10 years. that s affecting the whole world economy. so that s another problem. brian: the whole next generation is losing that free market pride. the big push whether starbucks and groups starting union movements. starbucks is moving in that direction. you have some other companies going there, including sports leagues like minor league baseball, amazon, am. they are looking to unionize. why is this happening and what s the impact going to be? larry: i m not opposed to
china is in recession because of their covid lockdowns, and china has essentially moved away from the free market economics that helped them until the last five or 10 years. that s affecting the whole world economy. so that s another problem. brian: the whole next generation is losing that free market pride. the big push whether starbucks and groups starting union movements. starbucks is moving in that direction. you have some other companies going there, including sports leagues like minor league baseball, amazon, am. they are looking to unionize. why is this happening and what s the impact going to be? larry: i m not opposed to
china is in recession because of their covid lockdowns, and china has essentially moved away from the free market economics that helped them until the last five or 10 years. that s affecting the whole world economy. so that s another problem. brian: the whole next generation is losing that free market pride. the big push whether starbucks and groups starting union movements. starbucks is moving in that direction. you have some other companies going there, including sports leagues like minor league baseball, amazon, am. they are looking to unionize. why is this happening and what s the impact going to be? larry: i m not opposed to
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industrial revolution and the great depression, america da adapted a new economy, a 20th century economy, guiding our free market with regulations to protect health and safety and fair competition, empowering workers with union movements, investing in science and infrastructure and educational institutions like u of i, strengthening our system of primary and secondary education, and stitching together a social safety net. all of this led to unrivalled prosperity and the rise of a broad and deep middle class and the sense that if you worked hard, you could climb the ladder of success. not everyone was included in this prosperity.