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Economics
FEEcast Episode 27

Sears Was the 20th Century’s Amazon

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2y Oct 19, 2018
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After 132 years, Sears is filing for bankruptcy. But it’s not necessarily over for the company which has a surprising and honorable history of disrupting racial hierarchies in the days of Jim Crow. On this episode of the FEEcast, Richard, Anna Jane, and Marianne discuss the company that was truly the Amazon of the 20th century and tackle the question: how likely is it that today's corporate giants will stand the test of time?

Show Notes:

Sears, the store that changed America, declares bankruptcy:

https://www.cnn.com/2018/10/15/business/sears-bankruptcy/index.html

How Sears mail-order catalogs undermined Jim Crow racism:

http://www.chicagotribune.com/business/ct-biz-sears-history-racism-jim-crow-20181016-story.html

Antitrust Myths and the Fall of Sears
https://fee.org/articles/antitrust-myths-and-the-fall-of-sears/

Chris Kjorness on How Capitalism Midwifed the Birth of the Blues:

https://reason.com/blog/2012/04/19/chris-kjorness-on-how-capitalism-midwife

Only 53 US Companies Have Been on the Fortune 500 since 1955, Thanks to the Creative Destruction That Fuels Economic Prosperity:

https://fee.org/articles/only-53-us-companies-have-been-on-the-fortune-500-since-1955-thanks-to-the-creative-destruction-that-fuels-economic-prosperity/

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FEE focuses on introducing freedom as a life philosophy to newcomers in the youth audience, striving to bring about a world in which the economic, ethical, and legal principles of a free society are familiar and credible to the rising generation.


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