The $3 Trillion Corporate Lie That Destroyed American Business

What if the business strategy taught in every MBA program actually destroyed American companies? In this episode, Emma Reid exposes how "shareholder primacy" became corporate America's most expensive mistake, turning CEOs into short-term gamblers and workers into disposable costs.

🎯 What You'll Discover:

• How CEO pay exploded from 20x to 320x worker salaries in just 50 years

• The 1916 court case that accidentally created today's corporate greed problem

• Why companies focusing on stakeholders actually make more money than those obsessing over stock prices

• How Jack Welch, the "master" of shareholder value, later called it the dumbest idea in business

👤 Perfect for: lifelong learners who want to understand why corporate America feels so broken and anyone tired of hearing "it's just business" as an excuse for terrible decisions.

📍 Chapters:

[00:00] Emma Reid introduces the $3 trillion lie

[01:30] How a 1916 lawsuit broke corporate America

[03:45] The explosion of executive compensation

[06:15] Why short-term thinking kills long-term profits