{"podcast":{"title":"Harvard Business Review","slug":"harvard-business-review-7777387","podcast_index_feed_id":7777387,"rss_url":"https://feeds.megaphone.fm/VG7900701114","website_url":null,"image_url":"https://megaphone.imgix.net/podcasts/980142f0-0d9c-11f1-9b6f-b39130a8b54a/image/fd144eac00da8bd04368206590cf5ad8.jpg?ixlib=rails-4.3.1&max-w=3000&max-h=3000&fit=crop&auto=format,compress","author":"HBR","episode_count":511,"summary":"At Harvard Business Review, we believe in management. If the world’s organizations and institutions were run more effectively, if our leaders made better decisions, if people worked more productively, we believe that all of us — employees, bosses, customers, our families, and the people our businesses affect — would be better off. We try to arm our readers with ideas that help them become smarter, more creative, and more courageous in their work. We encourage comments, critiques, and questions. We expect our community to be a safe space for respectful, constructive, and thought-provoking discussion. We reserve the right to remove or turn off comments at our discretion. We do not tolerate bullying, name-calling, or abusive language related to identity, including race, gender, ethnicity, religion, sexuality, age, or region; spam; copyright violation; extreme profanity; or p*rnography.","last_synced_at":"2026-07-25T12:22:10.972032+00:00","page_url":"https://stenobird.com/podcast/harvard-business-review-7777387"},"episode":{"title":"U.S. Politics Are Broken: Here's How Industry Competition Theory Can Help Fix the System","slug":"u-s-politics-are-broken-here-s-how-industry-competition-theory-can-help-fix-the-system","published_at":"2026-05-15T01:30:00+00:00","page_url":"https://stenobird.com/podcast/harvard-business-review-7777387/u-s-politics-are-broken-here-s-how-industry-competition-theory-can-help-fix-the-system","show_page_url":"https://stenobird.com/podcast/harvard-business-review-7777387","url":"https://traffic.megaphone.fm/VG5623921957.mp3?updated=1778670249","audio_url":"https://traffic.megaphone.fm/VG5623921957.mp3?updated=1778670249","summary":"U.S. Politics Are Broken: Here's How Industry Competition Theory Can Help Fix the System 25 Oct 2024 --- Unhealthy competition is at the root of political dysfunction. Applying a famous business framework can help identify the best ways to fix it. (This video was originally published in 2020.) Although people tend to think of the American political system as a public institution based on high-minded principles, it’s not. Politics behaves according to the same kinds of incentives and forces that shape competition in any private industry. Our elections and our legislative systems are drowning in unhealthy competition: The political-industrial complex wins, and the public interest loses. Business, in pursuing its short-term interests, has become a major participant in the politics industry, exacerbating its dysfunction. We can have healthy competition in politics—results, innovation, and accountability—by redesigning how we vote to connect acting in the public interest with getting reelected. Katherine Gehl's application of Michael Porter’s Five Forces framework illuminates the root causes of political dysfunction and points to the most powerful levers for transformation. For more, see Katherine Gehl and Michael Porter's book, \"The Politics Industry: How Political Innovation Can Break Partisan Gridlock and Save Our Democracy\", at https://amzn.to/2HB12Cu Books, tools, and more: store.hbr.org Follow us: https://hbr.org/ https://www.linkedin.com/company/harvard-business-review/ https://www.facebook.com/HBR/ https://twitter.com/HarvardBiz https://www.instagram.com/harvard_business_review Sign up for Newsletters: https://hbr.org/email-newsletters #HarvardBusinessReview #Politics #Election #Voting #RankedChoiceVoting #Business #Harvard #HarvardBusinessSchool Copyright © 2024 Ha…","meta_description":"U.S. Politics Are Broken: Here's How Industry Competition Theory Can Help Fix the System 25 Oct 2024 --- Unhealthy competition is at the root of political…","key_points":[],"chapters":[],"topics":[],"duration_seconds":470,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/harvard-business-review-7777387/episodes/u-s-politics-are-broken-here-s-how-industry-competition-theory-can-help-fix-the-system/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/harvard-business-review-7777387/u-s-politics-are-broken-here-s-how-industry-competition-theory-can-help-fix-the-system.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}