
Two Geopolitical Shocks of 2001
12/18/19 • 19 min
Episode Summary
September 11th, 2001, was a day of horror that changed our sense of self and our place in the world. It also changed the US economy, shaping everything from government policy to how businesses operate. This episode explores the decades-long aftershock of that day, alongside those of another day in 2001: December 11th, when China joined the WTO. Examining these stories together challenges simple narratives that globalization will make societies richer and in time, more democratic. What comes next—and how should businesses prepare?
Episode Notes
Guests
Linda Bilmes, Jim Barkley, Regina Abrami
Host
Michelle Harven
Writing and Production
Written by Keith Schumann with input from T.A. Frank, Miguel Padró, Felicia Davis, and the Business & Society Team.
Recorded by Ben Eyler and edited by Jesse Krinsky.
The Business & Society team wishes to thank the audio technicians and everyone involved in the production of this episode, including:
- Chiquita Paschal
- Mary Dooe
- Yahya Chaudhry
- Wayne Davis
Music Samples Featured in this Episode
Chad Crouch—Song Sparrow Serenade (Excerpted form of the track; used under Creative Commons Attribution-NonCommercial 3.0 License)
All the Answers by Lee Rosevere (https://leerosevere.bandcamp.com) Licensed under Creative Commons: By Attribution 4.0 International (CC BY 4.0) https://creativecommons.org/licenses/by/4.0/
Brevyn—Dark Depths (Excerpted) Attribution-NonCommercial-NoDerivatives 4.0 International (CC BY-NC-ND 4.0) https://creativecommons.org/licenses/by-nc-nd/4.0/
Trees In The Wind by Daniel Birch (www.danielbirchmusic.com) Licensed under Creative Commons: By Attribution 4.0 International (CC BY 4.0) https://creativecommons.org/licenses/by/4.0/
Betrayal by Lee Rosevere (https://leerosevere.bandcamp.com) Licensed under Creative Commons: By Attribution 4.0 International (CC BY 4.0) https://creativecommons.org/licenses/by/4.0/
Chad Crouch – Algorithms (Excerpted form of the track; used under Creative Commons Attribution-NonCommercial 3.0 License)
Tobacco Road – Storyblocks Audio
Archival Audio
Archival Audio – The Associated Press, May 2, 2016
Bloomberg Business, Oct 15, 2019
Episode Summary
September 11th, 2001, was a day of horror that changed our sense of self and our place in the world. It also changed the US economy, shaping everything from government policy to how businesses operate. This episode explores the decades-long aftershock of that day, alongside those of another day in 2001: December 11th, when China joined the WTO. Examining these stories together challenges simple narratives that globalization will make societies richer and in time, more democratic. What comes next—and how should businesses prepare?
Episode Notes
Guests
Linda Bilmes, Jim Barkley, Regina Abrami
Host
Michelle Harven
Writing and Production
Written by Keith Schumann with input from T.A. Frank, Miguel Padró, Felicia Davis, and the Business & Society Team.
Recorded by Ben Eyler and edited by Jesse Krinsky.
The Business & Society team wishes to thank the audio technicians and everyone involved in the production of this episode, including:
- Chiquita Paschal
- Mary Dooe
- Yahya Chaudhry
- Wayne Davis
Music Samples Featured in this Episode
Chad Crouch—Song Sparrow Serenade (Excerpted form of the track; used under Creative Commons Attribution-NonCommercial 3.0 License)
All the Answers by Lee Rosevere (https://leerosevere.bandcamp.com) Licensed under Creative Commons: By Attribution 4.0 International (CC BY 4.0) https://creativecommons.org/licenses/by/4.0/
Brevyn—Dark Depths (Excerpted) Attribution-NonCommercial-NoDerivatives 4.0 International (CC BY-NC-ND 4.0) https://creativecommons.org/licenses/by-nc-nd/4.0/
Trees In The Wind by Daniel Birch (www.danielbirchmusic.com) Licensed under Creative Commons: By Attribution 4.0 International (CC BY 4.0) https://creativecommons.org/licenses/by/4.0/
Betrayal by Lee Rosevere (https://leerosevere.bandcamp.com) Licensed under Creative Commons: By Attribution 4.0 International (CC BY 4.0) https://creativecommons.org/licenses/by/4.0/
Chad Crouch – Algorithms (Excerpted form of the track; used under Creative Commons Attribution-NonCommercial 3.0 License)
Tobacco Road – Storyblocks Audio
Archival Audio
Archival Audio – The Associated Press, May 2, 2016
Bloomberg Business, Oct 15, 2019
Previous Episode

Lessons for the Techlash from the Tech Crash
In most tellings, the 2000 tech crash is a straightforward story: the music stopped and unprofitable dot-com companies failed, paving the way for the more innovative companies of the Web 2.0 era. This episode explores a very different view of the tech crash: as a key turning point where the idealism of early web entrepreneurs gave way to new business practices that would in time, drive today’s backlash against technology companies—the “techlash.” This fresh look at tech’s evolution suggests new answers for idealism in tech, and for promoting greater equality and innovation in the US economy.
Guests
Jerry Davis, Brian McCullough, Jaime Levy
Host
Michelle Harven
Writing and Production
Written by Keith Schumann with input from T.A. Frank, Miguel Padró, Felicia Davis, and the Business & Society Team.
Recorded by Ben Eyler and edited by Jesse Krinsky. Additional editing by Ben Berliner and Clifton King.
The Business & Society team wishes to thank the audio technicians and everyone involved in the production of this episode, including:
- Rebecca Kruth
- Anny Celsi
- Marci Krivonan
Music Samples Featured in this Episode
The End is Near (Part 1) by Daniel Birch (www.danielbirchmusic.com) Licensed under Creative Commons: By Attribution 4.0 International (CC BY 4.0) https://creativecommons.org/licenses/by/4.0/
Effemeah Weeps by Uncan Licensed under Creative Commons: By Attribution 4.0 International (CC BY 4.0) https://creativecommons.org/licenses/by/4.0/
Typical Babbler by Unconceptual Licensed under Creative Commons: By Attribution 4.0 International (CC BY 4.0) https://creativecommons.org/licenses/by/4.0/
Technetium Planet by Lobo Loco Licensed under Creative Commons: By Attribution 4.0 International (CC BY 4.0) https://creativecommons.org/licenses/by/4.0/
Asset House by Six Umbrellas Licensed under Attribution-ShareAlike 4.0 International (CC BY-SA 4.0) https://creativecommons.org/licenses/by-sa/4.0/
Tobacco Road – Storyblocks Audio
Sound Samples Featured in this Episode
Next Episode

Is History Repeating Itself on Climate, Government, and Business?
Episode Notes
Guests
Rebecca Henderson, Aron Cramer, Earthea Nance
Host
Michelle Harven
Writing and Production
Written by Keith Schumann with input from T.A. Frank, Miguel Padró, Felicia Davis, and the Business & Society Team.
Recorded by Ben Eyler and edited by Jesse Krinsky.
The Business & Society team wishes to thank the audio technicians and everyone involved in the production of this episode, including:
- Gail Delaughter
- Johanna Poschwatta
- Andrew Seltzer
- Adeline Sire
- Theresa Diederich
Music Samples Featured in this Episode
Algorithms by Chad Crouch (Excerpted form of the track; used under Creative Commons Attribution-NonCommercial 3.0 License)
Ongoing Cases by Blear Moon (Excerpted form of the track) Licensed under Creative Commons: By Attribution 4.0 International (CC BY 4.0) https://creativecommons.org/licenses/by-nc/4.0/
All the Answers by Lee Rosevere (https://leerosevere.bandcamp.com) Licensed under Creative Commons: By Attribution 4.0 International (CC BY 4.0) https://creativecommons.org/licenses/by/4.0/
Island of Despair by Daniel Birch (www.danielbirchmusic.com) Licensed under Creative Commons: By Attribution 4.0 International (CC BY 4.0) https://creativecommons.org/licenses/by/4.0/
Tobacco Road – Storyblocks Audio
Archival Audio
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