#4 David Cay Johnston: The Great Divide

Podcast outro song: Double Life, by HASH / CC BY-NC-ND 4.0

In his new book, Divided: The Perils of Our Growing Inequality, journalist David Cay Johnston assembles an impressive group of thinkers, writers, and (political) leaders who understand the possibilities — and the limits — of capitalism. Adam Smith, Paul Krugman, and Joseph Stiglitz… Mike Rose, Barbara Ehrenreich, and Robert Kuttner… Studs Terkel, Elizabeth Warren, President Barack Obama, and many others describe the societal risks of letting the gap between the haves and the have nots become too wide.

From David’s introduction:

“Inequality is about much more than just incomes or wealth…. Inequality is also about access and opportunity, which are much harder to measure. Education, health care, and exposure to environmental hazards all shape society, affecting who gets a shot at success and who gets success handed to them; who can overcome obstacles and who has those obstacles cleared away for them.

The single most important point of Divided is: keep in mind who benefits and who does not. It’s our choice. We decide. And we are free to make choices that will strengthen our society so that America, and the liberties of the people, will endure.”

Amen to that.

Show notes

David-Cay-Johnston-sqDavid Cay Johnston is currently a Distinguished Visiting Lecturer at Syracuse University’s Law School. Prior to that, he was a reporter at The New York Times, where he won the Pulitzer Prize for a series of stories that exposed loopholes and inequities in the U.S. tax code. From 2012 to 2014, David was president of Investigative Reporters & Editors. David is also a contributing editor at Newsweek, a columnist for Al Jazeera America, and a frequent guest on MSNBC, PBS, CNN, Fox, and NPR. And with his appearance here at Entrepreneur Explosion, David has finally reached the very top of the media food chain. Congratulations, David! (And thanks for doing this interview.)

Divided-Johnston-cover

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