Arin Dube says a third or more of American workers end up signing non-compete agreements, which he views as a tool employers use to reduce competition for workers rather than protect trade secrets.
Snapshot · Planet Money
Arin Dube says a third or more of American workers end up signing non-compete agreements, which he views as a tool employers use to reduce competition for workers rather than protect trade secrets.
Where this was said
At 0:18 · chapter starts 0:14
The episode kicks off with Kenny and Greg playing audio from a fictional Weyland-Yutani earnings call, which reads like a parody of corporate speak delivered by a supervillain. The CEO brags about exponential profits from 'deep space initiatives' and hints at a mysterious payload — which listeners and hosts know is a killer alien — being shipped back to boost profits. Kenny jokes that he'd coach the CEO to sound less cartoonishly evil. The bit establishes Weyland-Yutani as the episode's villain-in-chief, and the hosts introduce their thesis: that this fictional corporation is actually the perfect lens for understanding real-world labor dynamics. The Planet Money theme plays, Greg and Kenny introduce themselves, and they frame the film Alien as being set 96 years in the future — in 2122 — where one company controls everything and employs everyone.
The Weyland-Yutani Corporation from the Alien franchise is not just a sci-fi villain — it's a textbook monopsony. The hosts frame the entire film as a vehicle for understanding how concentrated employer power distorts wages and working conditions in the real world.
The film Alien is set in the year 2122, 96 years in the future, where a single mega-corporation called Weyland-Yutani controls seemingly everything and employs virtually everyone.
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