All Episodes

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.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Mark as Played

Advertise With Us

Popular Podcasts

Crime Junkie

Crime Junkie

Does hearing about a true crime case always leave you scouring the internet for the truth behind the story? Dive into your next mystery with Crime Junkie. Every Monday, join your host Ashley Flowers as she unravels all the details of infamous and underreported true crime cases with her best friend Brit Prawat. From cold cases to missing persons and heroes in our community who seek justice, Crime Junkie is your destination for theories and stories you won’t hear anywhere else. Whether you're a seasoned true crime enthusiast or new to the genre, you'll find yourself on the edge of your seat awaiting a new episode every Monday. If you can never get enough true crime... Congratulations, you’ve found your people. Follow to join a community of Crime Junkies! Crime Junkie is presented by audiochuck Media Company.

24/7 News: The Latest

24/7 News: The Latest

The latest news in 4 minutes updated every hour, every day.

Stuff You Should Know

Stuff You Should Know

If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.

Music, radio and podcasts, all free. Listen online or download the iHeart App.

Connect

© 2025 iHeartMedia, Inc.