Episode

9/14 COVID’s Complete Shakeup Of The Global Economy w/ Adam Tooze

September 14, 2021

Sam and Emma host Adam Tooze, Professor of History at Columbia University and author of the Chartbook newsletter on Substack, to discuss his recent book Shutdown: How Covid Shook the World’s Economy, tracing the development of the pandemic and its shockwaves from January 2020 to January 2021. Professor Tooze first reflects on the collective difficulty in processing those twelve months, and how he came to write this book, before he, Emma, and Sam jump all the way back to the start of last year and dive into the mistakes in the original response from the Chinese government, and the massive impact their eventual tactics had on their economy. Next, they reflect on the US’s and much of Europe’s near-immediate botching of their response, completely overshadowing any initial failures of Xi Jinping’s regime and clearly expressing lacking elements of cultural consciousness in the US when it came to masks and social responsibility. Sam jumps on this element, exploring the relationship between cultural consciousness and experience when it comes to responding to pandemics, before they move on to discuss the role of minority media circles, driven by conspiracy, and Emma dives into the role of individualism and atomization in driving the individual skepticism that helps this catch fire. They wrap up the interview by looking back to parallels with the recovery from the 2008 financial crisis, looking at how the 2010 election saw an attempt to push the US back to normalcy and away from the redistribution and social welfare they had set up over the crisis, as well as the important reminder that aid to big businesses had not and would not stop over that time. Prof. Tooze uses this to emphasize the importance of investment in technology as a key was to move US culture forwards, looping in both climate and pandemic policy, before Sam and Emma conclude the free half with a CA recall discussion.

And in the Fun Half: Nomiki joins Sam and Emma as they dive into the discourse on AOC’s Met Gala appearance, following a brief but very necessary explanation of what it even is for Sam, taking on the elements of performativity, and where they stand, particularly when the performance, debatably, fell short. Next, they get a free Masterpiece lesson on journalism from karaoke journalist Michael Tracey (both in that he performs mostly for crowd engagement and that he uses a karaoke machine) on Covid regulations at Connecticut College, before Terrell from Conn College, calls in to give his own perspective. They also chat CA recall and what rhetoric Dems should push moving into the midterms, plus, your IMs!

Become a member at JoinTheMajorityReport.com

Subscribe to the AMQuickie newsletter here.

Join the Majority Report Discord!
http://majoritydiscord.com/

Get all your MR merch at our store https://shop.majorityreportradio.com/

(Merch issues and concerns can be addressed here: majorityreportstore@mirrorimage.com)

You can now watch the livestream on Twitch

Check out today’s sponsors:

ZipRecruiter: Some things in life we like to pick out for ourselves – so we know we’ve got the one that’s best for us – like cuts of steak or mattresses. What if you could do the same for hiring – choose your ideal candidate before they even apply? That’s where ZipRecruiter’s ‘Invite to Apply’ comes in – it gives YOU, as the hiring manager, the power to pick your favorites from top candidates. According to ZipRecruiter Internal Data, jobs where employers use ZipRecruiter’s ‘Invite to Apply’ get on average two and a half times more candidates — which helps make for a faster hiring process. See for yourself! Just go to this exclusive web address, ZipRecruiter.com/majority, to try ZipRecruiter for free!

Fast Growing Trees: No more waiting in lines, messy cars, and digging through a lackluster selection, just go to FastGrowingTrees.com and choose from thousands of varieties of trees, shrubs and plants, expertly curated to thrive in your area and delivered to your door in one or two days. Whether you’re looking for shade, privacy, fruit trees, or just added color for your yard, every plant is shipped with a well-developed root system – ready to explode with new growth. Now through November 30th, go to FastGrowingTrees.com/Majority

Support the St. Vincent Nurses today as they continue to strike for a fair contract! https://action.massnurses.org/we-stand-with-st-vincents-nurses/

Subscribe to Discourse Blog, a newsletter and website for progressive essays and related fun partly run by AM Quickie writer Jack Crosbie. https://discourseblog.com/

Subscribe to AM Quickie writer Corey Pein’s podcast News from Nowhere, at https://www.patreon.com/newsfromnowhere

Check out The Letterhack’s upcoming Kickstarter project for his new graphic novel! https://www.kickstarter.com/projects/milagrocomic/milagro-heroe-de-las-calles

Check out Matt Binder’s YouTube channel!

Check out The Nomiki Show live at 3 pm ET on YouTube at patreon.com/thenomikishow

Check out Matt’s podcast, Literary Hangover, at Patreon.com/LiteraryHangover, or on iTunes.

Check out Jamie’s podcast, The Antifada, at patreon.com/theantifada, on iTunes, or at twitch.tv/theantifada (streaming every Monday, Wednesday, Thursday and Friday at 7pm ET!)

Follow the Majority Report crew on Twitter:

@SamSeder

@EmmaVigeland

@MattBinder

@MattLech

@BF1nn

@BradKAlsop

Past Episodes

It's Casual Friday with a very special guest! Sam and Emma host Congresswoman Ilhan Omar of Minnesota's 5th District, whose recent book, This Is What America Looks Like: My Journey from Refugee to Congresswoman, is out in paperback now! Representative Omar, Sam, and Emma take on a variety of ...
Emma hosts human rights lawyer Katherine Todrys to discuss her recent book Black Snake: Standing Rock, the Dakota Access Pipeline, and Environmental Justice, on how far the fight against DAPL has come even as it’s faded into the background of the media cycles. Todrys first discusses how she ...
Sam and Emma host New Yorker contributor Eyal Press to discuss his recent book Dirty Work: Essential Jobs and the Hidden Toll of Inequality in America, on the moral division of labor and the emotional burden of getting by for countless Americans. They start off with Everett Hughes’ essay “Good ...