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E234 - The Rise of Shareholder Primacy w/ Sean Delehanty
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Danny and Derek speak with historian Sean Delehanty about the invention of shareholder value and the transformation of the American corporation in the late twentieth century. They discuss postwar conglomerates and corporate social responsibility, the crisis of Fordism, the rise of financial economics, and the theory of the firm. They also look at hostile takeovers, leveraged buyouts, private equity, the collapse of the public corporation, and the bipartisan consolidation of shareholder primacy in the 1990s.
Buy Sean’s book Company Men: The Invention of Shareholder Value and the Splintering of the American Economy.
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Subscribe now for the full episode! Derek is joined by Washington Post columnist Ishaan Tharoor for a roundup of the 2026 World Economic Forum in Davos. They discuss Trump’s return to the forum, the G...
· 10 min 35 sec
The legendary recurring crossover between AP and NonZero Newsletter is back. Get your discounted membership to NonZero now! Subscribe to AP for the full episode! Part One Video (0:00) A re...
· 42 min 40 sec
Subscribe now to skip the ads and get all of our content. While much of America endures an Arctic freeze, Danny and Derek bring to you scorching hot headlines. This week: renewed fighting breaks out b...
· 52 min 17 sec
Subscribe now to skip the ads and get all of our content. Danny and Derek welcome to the show Alice Lovejoy, professor of film and media studies at the University of Minnesota, to talk about the inter...
· 55 min 28 sec
What, exactly, makes American Prestige different from any other foreign policy podcast?
Put simply, Daniel Bessner and Derek Davison, American Prestige’s hosts, analyze U.S. foreign policy from a critical framework that sheds light on myriad topics related to international affairs. They provide new voices and ideas to thousands of audience members who are skeptical of the narrow range of views most media outlets offer on these topics.
The majority of media organizations agree with U.S. policymakers that the United States should dominate the world through military and economic might. American Prestige adopts a different set of assumptions, asking what U.S. foreign policy would look like if the interests of all people in the world, and not only those of a tiny subset of Americans, were taken into account.
Questions? Comments? E-mail amprestigepod@gmail.com and one of our producers will get back to you as soon as possible.

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