How monopolies feed plutocracy (with Matt Stoller)
Pitchfork Economics with Nick Hanauer
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Show Notes
In his new book ‘Goliath’, author Matt Stoller explains how the 2016 election heralded the return of authoritarianism and populism to American politics, due largely to concentrated financial power and rampant consumerism. This week, Matt joins Nick and Goldy for a conversation about creating a new democracy.
Matt Stoller is the author of ‘Goliath: The Hundred-Year War Between Monopoly Power and Democracy’ and a fellow at the Open Markets Institute. He is a former policy advisor to the Senate Budget Committee, and also worked for a member of the Financial Services Committee in the U.S. House of Representatives during the financial crisis.
Twitter: @matthewstoller
Further reading:
Goliath: https://www.simonandschuster.com/books/Goliath/Matt-Stoller/9781501183089
How Democrats Killed Their Populist Soul: https://www.theatlantic.com/politics/archive/2016/10/how-democrats-killed-their-populist-soul/504710/
Tech Companies Are Destroying Democracy and the Free Press: https://www.nytimes.com/2019/10/17/opinion/tech-monopoly-democracy-journalism.html
Boeing’s travails show what’s wrong with modern capitalism: https://www.theguardian.com/commentisfree/2019/sep/11/boeing-capitalism-deregulation