Summer camp capitalism

夏令营资本主义

Planet Money

商务

2024-09-07

33 分钟
PDF

单集简介 ...

Summer camp is a classic rite of passage in the U.S. It's a place of self-discovery, where kids come to make new friends and take on new challenges. But what if it were ALSO a place where children came to learn how to survive in a free market economy? That's part of the idea behind a summer camp at JA BizTown, in Portland, Oregon. Kids at the camp run tiny fake businesses in a tiny fake town. There are retail stores and restaurants, insurance companies and power utilities. As camp begins, a gaggle of child CEOs take out business loans from their peers in the tiny fake banking industry – and they spend the day racing to run their businesses profitably enough to get out of debt before pickup time. On today's show, Planet Money takes a romp through capitalism summer camp. Will the children of BizTown be able to make ends meet and pay back their loans to the banks? Or will a string of defaults send this dollhouse economy into financial collapse? It's Shark Tank meets Lord of the Flies. This episode was hosted by Alexi Horowitz-Ghazi and Sally Helm. It was produced by James Sneed, and edited by Jess Jiang. It was fact-checked by Sierra Juarez and engineered by Gilly Moon. Planet Money's executive producer is Alex Goldmark. Help support Planet Money and hear our bonus episodes by subscribing to Planet Money+ in Apple Podcasts or at plus.npr.org/planetmoney. Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy

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  • And the following message come from Edward what is rich?

  • Maybe it's less about reaching a magic number and more about discovering the magic in life.

  • Edward Jones financial advisors are people you can count on for financial strategies that help support a life you love.

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  • This is planet money from Nprdez.

  • Asher Speer is preparing for the biggest job interview of his life, and hes feeling pretty nervous about it.

  • There are potentially dozens of other qualified candidates in the running, and Asher Hasnt had a job in a very long time.

  • How long have you been unemployed?

  • Eleven years.

  • And why is that?

  • Im a child.

  • I cant have a job.

  • Yeah, we should mention Asher hasnt worked for eleven years because he is, in fact, only eleven years old.

  • I mean, I can do stuff like mowing people's lawns and stuff, but these dang laws prevent me from a real paint job.

  • Dang you.

  • Child labor laws.

  • Dang you.

  • Asher cannot wait to get his first w two.

  • So this summer, when he and his parents were looking into potential fun camps, they decided to send him to a place where he can pretend to join the workforce.