#1259 The rebirth of the antitrust movement (Monopolies)

Air Date: 3–26-2019
Today we take a look at the story of Amazon's enormous growth, the history of how our anti-trust laws were neutered and how the former is making us rethink the latter

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SHOW NOTES

Ch. 1: The Story of How Amazon Got So Powerful - Senator Bernie Sanders - Air Date 9-17-18

How Amazon got to be so powerful, and what it means for our economy.

Ch. 2: Amazon's Been Stealing From the Start - Ear to the Pavement - Air Date 12-21-18

Amazon drains resources and tax dollars from every community it touches, and cuts deals with states to allow the corruption to continue.

Ch. 3: Amazon Wants It All - Why Is This Happening? - Air Date 1-22-19

Amazon provides 1/3 of the worlds internet/cloud power, with no rival. The endgame leads to Bezos owning all of the cash flow the world has to offer.

Ch. 4: Explaining Monopsony - Pitchfork Economics - Air Date 3-5-19

Monopsony is when the buyer controls the market, there is one employer who sets the wages and sells the product.

Ch. 5: Antitrust, Robert Bork, Reagan - Planet Money - Air Date 2-20-19

Robert Bork changed the game with the idea that the government went too far with antitrust laws that strangled the free market. Reagan agreed and the supreme court started defending corporate interest.

Ch. 6: Jonathan Tepper - Monopolies and the Death of Competition - The Majority Report - Air Date 2-12-19

What do we do about big tech? Especially when journalism is under the same attack we all are under. Regulation is needed and keeping big tech from staying big.

Ch. 7: Elizabeth Warren on Monopoly Power - Start Making Sense - 02-13-18

Democrats are pushing in the right directions, Warren believes she can push them in the right way and enact sweeping economic reform.


VOICEMAILS

Ch. 8: Representation matters but policies are more important - Franklin

Ch. 9: Incompetence hurts all of us - Ariel from Seattle

Ch. 10: It's OK to see color but not to judge it - Jeff from Charlotte, NC

Ch. 11: Valuing the judgment of the black vote - Nathan from NYC

Ch. 12: Thoughts on race and candidates - Whitney from Seattle


FINAL COMMENTS

Ch. 13: Final comments on judging based on race, orders of scoring points and the opposite of white supremacy and misogyny


EDUCATE YOURSELF & SHARE

Commentary: There’s Still Time to Stop the Tech Monopoly Takeover (Fortune, March 2018)

6 Ways to Rein In Today’s Toxic Monopolies (The Nation, Feb 2018)

Curated by BOTL Communications Director Amanda Hoffman 


MUSIC:

 

Produced by Jay! Tomlinson

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  • Brian Smith
    commented 2019-04-03 21:54:12 -0400
    Hi Jay!,

    Brian here again. Thanks for reading my rambles. I think we’re pretty close to the same page, actually.

    I love your analogy, despite a deep dislike of the game of bowling. As someone who has bowled an actual score of 1 without the bumpers, I know would have gotten a much higher score with them in place. I only bowl under extreme duress, but have gotten my score up to the nineties (that’s pretty terrible). I never bowled with the bumpers. It would have been nice to have them when I started out—I might still be bowling today, who knows?

    Backing away from the analogy now, obviously the best thing to do is to be active in the local Democratic party, to know all the candidates by name, to have relationships with the people running for office, to know their policy positions, their character, and their identity. But that’s a luxury. As a person who makes a living by accumulating political commentary, you’re much better positioned to take that approach. But many people put those working week hours someplace else, and rely upon you for a lot of that information. Thank you for your service!

    Where to put one’s limited free time? I don’t want people to just pick the first name on the ballot with the right party affiliation. Primaries are where we decide what the party is, after all.

    Last election, there were dozens, possibly a hundred, different decisions to make. Not many people have the time to research all of those dozens (or hundred) political contests. Having that kind of time is a privilege of its own. So which elections are okay for someone to apply the simplified methodology of picking the brown lesbian first, when available?

    If the line exists at all, then moving it is just an exercise in one’s individual circumstances. You could do much worse by starting at policy, considering the rate at which politicians break campaign promises. You’ll certainly spend a lot more time. I’d rather they participate than sit the primary out. I can’t control the information level of the electorate. They have a self-evident right to their political power. I want them to use it how they want to use it. I think that’s my liberalism over progressivism voice. Not that there isn’t a whole bunch of overlap.

    All this being said, Grant’s methodology isn’t the one I use. I am just saying it’s a valid way to exert political power in pursuit of racial justice, and that it’s quick and easy. It’s likely to knock down more pins than throwing the ball down the lane without any bumpers on, which was your point. By voting to be represented by the oppressed, at least I know they will have a perspective to present and a seat at the table when the legislation is proposed.

    Bumpers pretty much guarantee a score of 10, ten times higher than my bowling score was. 20, if you use the bumpers strategically (and can aim the ball to the left or the right, which I don’t think I ever managed to do).

    Brian in Austin