Mostly Weekly Series Finale: Creative Destruction
March 14, 2018
90,154
4,632
450
5.64%
Search the Record
IndexedEvery word spoken in this episode is indexed. Type any phrase to jump straight to the moment it was said.
Type any word or phrase that may have been spoken. Click a result to seek the player to that exact moment.
Try a name, a topic, or a quoted line
ReasonTV Episodes Around March 14, 2018
See what was published immediately before and after this episode.
7:58Now PlayingMostly Weekly Series Finale: Creative Destruction
YouTube Description
as posted by the channelIn the final episode of the webseries, we tackle how markets make and break stuff.
-----
Subscribe to our YouTube channel
Like us on Facebook
Follow us on Twitter
Subscribe to our podcast at iTunes
Reason is the planet's leading source of news, politics, and culture from a libertarian perspective. Go to reason.com for a point of view you won't get from legacy media and old left-right opinion magazines.
----------------
In free and open markets people are able to make new technologies and business models, which displace older, established ones. That process of starting new companies and jobs destroys some professions while creating others.
It's entirely understandable that people who lose their jobs want to keep them. But industries like manufacturing, coal mining, and mall retailers aren't dying out because of competition from China, they're being outmoded by automation, cheaper fuel sources, and online sales.
Despite the uncertainty that markets bring, they also create new jobs and entirely new professions. There aren't gangs of unemployed lamplighters roaming the land; their descendants became Uber drivers, social media coordinators, and webseries producers.
In the end, it's better for everyone to look at the world as it is and to move forward than to try and halt progress through the force of law.
Mostly Weekly is hosted by Andrew Heaton with headwriter Sarah Rose Siskind.
Script by Andrew Heaton and Sarah Rose Siskind with writing assistance from Brian Sack.
Edited by Austin Bragg and Sarah Rose Siskind.
Produced by Meredith and Austin Bragg.
Theme Song: Frozen by Surfer Blood.
Links & Promotions
Guests & Subjects Covered
Sentinel Indexing in Progress
Metadata and chapters are available. Claim extraction for this episode is pending.
All video content is delivered via YouTube embedded players in accordance with the YouTube Terms of Service. Sentinel provides research tools that promote discovery and accountability across political media.