Episode Details
Back to EpisodesMore Government Won't Fix Government Corruption (Teddy Roosevelt Deserves More Credit for Destroying America) || 1810
Description
Shane Gillis and Joe Rogan see the problem: big corporations and government are deeply intertwined. But is giving the government even more power really the solution?
Nate and Charlie break down the call for another Teddy Roosevelt and argue that the very institutions designed to control powerful corporations helped create the incentives behind today's corporate-government relationship.
They dig into Roosevelt's view of executive power, railroad regulation that protected companies from competition, antitrust enforcement, the early framework that led toward the Federal Reserve, and the growth of federal control over drugs, food, and meat processing.
The recurring question is simple: if government becomes the gatekeeper to running a successful business, where are corporations going to spend their money and influence?
The guys also get into the absurdities of trucking regulations, government-created railroad monopolies, USDA meat-processing rules, and why another government agency probably isn't fixing government corruption.
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00:00 Good Morning Liberty + Charlie's Former Band
03:15 Shane Gillis and Joe Rogan Want Another Teddy Roosevelt
07:15 The Problem They Almost Get Right
10:30 Why More Government Creates More Corruption
13:15 Teddy Roosevelt's Theory of Presidential Power
15:30 How Railroad Regulation Protected the Railroads
19:15 When Regulation Spread From Railroads to Trucking
22:45 Monopoly, Antitrust, and the Free Market
28:15 The Government-Created Railroad Monopolies
33:00 Teddy Roosevelt and the Road Toward the Federal Reserve
36:30 The Origins of Federal Drug and Food Regulation
43:00 How Regulation Helps Consolidate Industries
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