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September 4, 2019 28 mins

How inequitable business models like those in the gig economy can lead to a financial crisis, more regulation, and doubts about the viability of the free-market system.

Topics covered in this episode include:

  • What is the expanded role of corporations according to leading chief executive officers.
  • What is the gig economy.
  • Takeaways from David’s recent experience delivering restaurant meals for Doordash including the huge liability many independent delivery drivers are unaware of.
  • Who covers the shortfall when the cost of operating a business is less than what consumers are willing to pay for the goods and services the businesses offer.
  • How more regulation results from businesses unfairly passing on costs to others.
  • How income inequality and debt can lead to a financial crisis.


Thanks to Policygenius and Sleep Number for sponsoring the episode.

For show notes and more information on this episode click here.

  • [0:18] Is Capitalism still working for everyone?
  • [2:12] David’s disappointing gig economy experience.
  • [6:53] The hidden cost of insurance in gig jobs.
  • [9:04] Who pays to close the financial gap created by gigs?
  • [14:27] The pitfalls of the gig economy.
  • [16:17] What makes capitalism work?
  • [19:29] Income inequality is a drag on the economy.
  • [23:09] The importance of calculating the entire cost.
  • [25:36] How your decisions can impact the health of the capitalist economy.

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