Plain English with Derek Thompson

Latest Episodes:

A New Way to Think About Racism in America Aug 12, 2022

Show notes

Several years ago, the writer, researcher, and policy advocate Heather McGhee traveled around the country to report on how racism in America holds us back from policies that would benefit everybody. In her book The Sum of Us, she explained how racist fears have made us all worse off. For decades, many voters and politicians have fought against policies that would have gotten them better jobs, better benefits, and more upward mobility—because they were afraid that those policies might also help non-white people, and especially Black people.

She made another point that struck me. Progressives sometimes talk about racism in a way that is pretty helpful for their causes. “Progressives often end up talking about race relations through a prism of competition—every advantage for whites, mirrored by a disadvantage for people of color,” she wrote. “The task ahead, then, is to unwind this idea of a fixed quantity of prosperity and replace it with what I’ve come to call Solidarity Dividends: gains available to everyone when they unite across racial lines, in the form of higher wages, cleaner air, and better-funded schools.”

Today’s guest is Heather McGhee. In this episode she talks about her new podcast The Sum of Us; the indelible metaphor of a drained pool in Alabama; how progressives talk about race; and why many laws today that might not seem explicitly racist still sustain racial inequality.

If you have questions, observations, or ideas for future episodes, email us at PlainEnglish@Spotify.com. You can find us on TikTok at www.tiktok.com/@plainenglish_

Host: Derek Thompson

Guest: Heather McGhee

Producer: Devon Manze

Learn more about your ad choices. Visit podcastchoices.com/adchoices

Carbon Removal Might Be the World’s Most Important Technology. How Does It Work? Aug 09, 2022

Show notes

Last year, somebody explained the problem of climate change to me with a metaphor that I’ve never been able to forget. They said: Imagine a bathtub. The bathtub is the planet’s atmosphere. The faucet is on full blast and it’s quickly filling with water. The gushing faucet represents every source of global carbon emissions, from "Big Agriculture" and energy companies to cars and cow farts. The water is carbon itself. The challenge of climate change mitigation is straightforward: Stop the water from filling the tub, spilling over the edge, and destroying the planet. There are a lot of environmentalists and federal policies that focus on one part of the picture. They want to turn the tap to reduce emissions. This is what wind, solar, and geothermal energy does. This is what electric cars do. It is an absolutely essential goal. But a very full tub can still overflow even with a slower-dripping faucet. So we need to think bigger to save the world. We need a plan that goes beyond the faucet. We need to drain water from the basin by pulling the plug at the bottom of the tub—that is, to suck a huge amount of carbon dioxide out of the atmosphere and flush them away. So, how do you pull the plug?

In the last few years, I’ve become very interested in a technology called carbon removal—and especially direct air capture. Imagine, basically, a giant factory that pulls carbon from the atmosphere and buries it. This technology is still incredibly expensive. In August 2022, it is not remotely close to being a global solution to climate change. But there is a chance it may be the most important technology of the 2020s and 2030s, if you understand the problem of the tub, the water, the faucet, and the plug.

Today’s guest is Giana Amador. She is the co-founder and policy director of Carbon180, an interdisciplinary organization devoted to carbon-removal technologies. In this episode, she explains how different carbon removal technology works; why there are a million carbon removal plants all over the planet already; the technology and cost problems of vacuuming the atmosphere; and why some people think this technology won’t ever work in the first place.

Host: Derek Thompson

Guest: Giana Amador

Producer: Devon Manze

Learn more about your ad choices. Visit podcastchoices.com/adchoices

Curiosity Corner: Monkeypox Myths, Millennial Facts, and Overpopulation Fears Aug 05, 2022

Show notes

In our second "Curiosity Corner" mailbag, Derek takes your burning questions. He breaks down the myths around how monkeypox spreads, and blasts public health officials for not being more specific about who is most affected. He explains how, while millennials face an affordability crisis in developed countries, they might not want to trade their global generation for any previous period in history. And he answers a listener who asks whether we should fear population collapse more than we fear overpopulation.

If you have questions, observations, or ideas for future episodes, email us at PlainEnglish@Spotify.com. You can find us on TikTok at www.tiktok.com/@plainenglish_

Host: Derek Thompson

Producer: Devon Manze

Learn more about your ad choices. Visit podcastchoices.com/adchoices

Is Old Music Killing New Music? Aug 03, 2022

Show notes

Why does it seem like the old is eating the new in pop culture? This year, the song of the summer is arguably Kate Bush’s “Running Up That Hill”—which was released in 1985. It was launched by the most-watched global TV show of the summer, 'Stranger Things'—an homage to the 1980s. In movies, the biggest hit of the season is 'Top Gun: Maverick'—a sequel to the 1986 film. The '80s was four decades ago!

The triumph of nostalgia and familiarity in culture is deeper than one summer. The five biggest movies of this year are the second 'Top Gun,' the second 'Doctor Strange', the sixth 'Jurassic Park', the 14th Batman-related film, and the fifth 'Despicable Me'. Amazing original films, like 'Everything Everywhere All At Once', show up here and there, but as far as slam dunk blockbusters go, the last decade has suffered from a new movie curse.

There's a new music curse, too. Total music consumption is rising across album sales, track purchases, and streaming. But consumption of new music is down. The entire growth in music is happening in so-called catalog music, or older songs.

What's happening here? Today’s guest is Ted Gioia. We talk about his viral essay “Is old music killing new music?”, the dearth of young stars in Hollywood, and the rise of risk-aversion in American culture and business.

If you have questions, observations, or ideas for future episodes, email us at PlainEnglish@Spotify.com. You can find us on TikTok at www.tiktok.com/@plainenglish_

Host: Derek Thompson

Guest: Ted Gioia

Producer: Devon Manze

Learn more about your ad choices. Visit podcastchoices.com/adchoices

How the Democrats' New Climate Bill Could Change the World Aug 01, 2022

Show notes

“Every few years, American politics astonishes you.” That’s how The Atlantic journalist Robinson Meyer began his report on the Democrats' new climate deal, which would invest record-breaking sums in clean energy infrastructure. Yes, this is still just a bill. It could be revised. But in a summer of climate doom—record breaking heat, droughts, fires in Europe—we are looking at an extraordinary leap forward. So what’s in the deal? What would it actually do? And how could it realistically transform the world? Today’s guest is Robinson Meyer, and in this mini episode we break down the bill and explain why it is, to quote the president, a big f*&%ing deal.

If you have questions, observations, or ideas for future episodes, email us at PlainEnglish@Spotify.com. You can find us on TikTok at www.tiktok.com/@plainenglish_

Host: Derek Thompson

Guest: Robinson Meyer

Producer: Devon Manze

Learn more about your ad choices. Visit podcastchoices.com/adchoices

Why the Question "Are We in a Recession?" Is Impossible to Answer Jul 29, 2022

Show notes

On Thursday, the Bureau of Economic Analysis announced that GDP dropped for the second consecutive quarter, fueling fears that the economy is in a recession. Today's guest is Austan Goolsbee, a professor of economics at the University of Chicago Booth School of Business and the former chair of the Council of Economic Advisers under President Obama. In today’s episode, we talk about the most important details from the GDP report, investigate the curious case of America’s plummeting productivity, and talk about why the question "Are we in a recession?" is so annoyingly hard to answer.If you have questions, observations, or ideas for future episodes, email us at PlainEnglish@Spotify.com. You can find us on TikTok at www.tiktok.com/@plainenglish_

Host: Derek Thompson

Guest: Austan Goolsbee

Producer: Devon Manze

Learn more about your ad choices. Visit podcastchoices.com/adchoices

Crypto Crash, Part II: A Debate About the Future of Web3 Jul 26, 2022

Show notes

Today is the second half of our special two-parter on the state of crypto. Yesterday’s theme was the case against. Today we debate the case for.

In the last few weeks, use-cases have become a popular trope in the big crypto debate. Crypto has tens of thousands of people working with dozens of billions of dollars on building new technology. And I think it’s fair to ask: What have they built that is better than the status quo? What, as Monty Python might ask, has blockchain ever done for us?

Today’s guest is Packy McCormick. Packy is the popular author of the Not Boring newsletter. In this episode, we debate use-cases for crypto, talk about whether major products are just Ponzi schemes, and discuss whether all the money sloshing around Web3 has subtly distorted the market and hurt the space.

Host: Derek Thompson

Guest: Packy McCormick

Producer: Devon Manze

Learn more about your ad choices. Visit podcastchoices.com/adchoices

Crypto Crash Part I: The Case Against Crypto Jul 25, 2022

Show notes

Today, we have the first in a two-part series on lessons from the crypto crash.

Crypto, also known as Web3, also known as blockchain-based technologies, remains the weirdest space I’ve ever reported on. I’ve never learned so much about a topic where there were people I trusted roughly equally, whose intelligence I trusted roughly equally, coming to completely opposite opinions. People I consider brilliant think this is the wave of the future. Others are fairly positive that the bulk of this world is a giant Ponzi scheme that’s even worse than most people realize.Today's guest is Molly Wood, a financial journalist turned venture capitalist who also hosts the podcast 'This Week in Startups.' I would summarize Molly’s case against crypto in three main points:

It is a double-enemy of the environment—an energy-intensive speculation that pulls money and talent from climate technology.
It is an unregulated bonanza of investor shenanigans—Molly explains why the very structure of crypto tokens invites a kind of Ponzi-scheming dynamic, which deserves our attention.
Even if you have nice things to say about crypto—and we do have nice things to say about it—there’s a strong case to be made that the promises and the grandiosity is wildly out of line with the actual use cases.

The timing on this episode feels right. Last week, several employees of the crypto trading exchange Coinbase were charged with wire fraud, the first insider-trading case involving cryptocurrencies. This is our little podcast trial of crypto. Today, the prosecution. Tomorrow, the defense.

Host: Derek Thompson

Guest: Molly Wood

Producer: Devon Manze

Learn more about your ad choices. Visit podcastchoices.com/adchoices

Why It Seems Like So Many Countries Are Falling Apart Jul 22, 2022

Show notes

The world is kind of a mess right now. There is a big, bloody, awful war between Russia and Ukraine, which has hugely disrupted global trade, especially in commodities like oil, wheat, and natural gas. Europe is on fire, and the euro is crashing. Boris Johnson is out as the U.K.’s prime minister, and Mario Draghi has resigned as Italy’s prime minister. There are tremors in China, as the world’s second-largest economy fumbles through a ridiculous COVID-Zero policy. In Sri Lanka, crowds stormed the presidential palace after an economic crisis. In Japan, a former prime minister was assassinated. In Turkey and El Salvador, inflation and kooky economic policy has led these countries to the brink. Is this just random chaos, or is there a deeper story to tell? Today’s guest is Ian Bremmer. Ian is a political scientist and the founder of Eurasia Group and GZero media. He is also the author of several books, including his latest: The New York Times bestseller 'The Power of Crisis.' He takes me on a geopolitical catastrophe tour. In the end, we consider the meaning of this moment in history—and why this feels like the end of an era and the beginning of something new.

Host: Derek Thompson

Guest: Ian Bremmer

Producer: Devon Manze

Learn more about your ad choices. Visit podcastchoices.com/adchoices

The World Is on Fire. Here’s a Realistic Plan to Save Humanity. Jul 19, 2022

Show notes

The world is on fire. In southern Europe, wildfires are streaking from Portugal to Greece. In the U.K., airport runways melted as temperatures exceeded 103 degrees for the first time on record. In the U.S. this week, about one in five Americans are living in a place that will be even hotter than the U.K.’s historic mark. And what is our government doing about it? Pretty close to nothing.

But if you look behind these headlines, there’s something very interesting happening. In the past decade, the price of solar electricity has declined by 90 percent. The efficiency of lithium-ion batteries has increased by 90 percent. Per-capita emissions in the U.S. have declined by a quarter since 2005, falling all the way to levels not seen since 1960. These are technological revolutions worth building on. But they will require that Americans get over their allergy to new construction. And build.

Today’s guest is David Wallace-Wells, a writer for The New York Times and the author of the bestseller 'The Uninhabitable Earth.' In this episode, we talk about the future of a hot world, the science of heat, the depressing state of climate policy in Washington, the more hopeful state of climate technology and global adaptation, the end of old-fashioned environmentalism, and the future of a new climate movement.

Host: Derek Thompson

Guest: David Wallace-Wells

Producer: Devon Manze

Learn more about your ad choices. Visit podcastchoices.com/adchoices

Our TOPPODCAST Picks

Follow Us

Stay Connected

Plain English with Derek Thompson

Related Podcasts

Links

Stay Connected