Afgespeeld
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Corey Johnson, Speaker of the New York City Council, joins Seth Barron to discuss the state of New York City’s transit system and his plan to break up the Metropolitan Transportation Authority (MTA), allowing the city to take control of its buses, subways, bridges, and tunnels. According to Johnson, direct control of the MTA would enhance its responsiveness, accountability, and transparency.
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For decades, American corporations have prized profits for shareholders above all else. Now, the country’s most powerful chief executives say it’s time to do things differently. What’s driving that change? Guest: Andrew Ross Sorkin, a financial columnist for The New York Times. For more information on today’s episode, visit nytimes.com/thedaily.
Background reading:
Almost 200 chief executives, including the leaders of Apple, Pepsi and Walmart, argued that companies must invest in employees, protect the environment and deliver value to customers.Shareholder democracy seemed like a good idea at the time, but it hasn’t worked, Andrew Ross Sorkin writes in his latest column.Unlock full access to New York Times podcasts and explore everything from politics to pop culture. Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify.