Silent Cal Coolidge is reported to have said “that the business of America is business.” Correct or not, it’s fair to say that by looking at only American business over the past 60 years, we can see the full arc of our contemporary history.
Think of all of the things that have been front and center in our politics and our culture that have sprung from business, going all the way back to the 60’s. Conglomerates, the free movement of money around the world, manufacturing changes, management and blue-collar workers, government control and union membership. Private equity, derivatives, lobbyists, corporate political contributions, climate change, think tanks and branding.
Each and every one of these things have been a part of the empire that is Koch Industries and has been touched and shaped by Charles and David Koch.
Whether you like their particular brand of politics or not, the company and the empire they built have to be respected. Whether Balzac was correct when he said that “behind every great fortune is a great crime,” is a question worth examining in the context the Koch industry.
That’s part of the deep dive into Koch that business journalist Christopher Leonard has given us in his new book Kochland: The Secret History of Koch Industries and Corporate Power in America.
My conversation with Christopher Leonard:
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