While the Atlantic/MSNBC/CNN niche is real, there's also a deep hunger for the kind of cross-partisan anti-corporate civil discourse of @esaagar and @krystalball. They actually explain power.
The hunger for cross-partisan explanatory journalism goes far beyond Breaking Points, of course. Louis Rossmann and @MKBHD, who seem apolitical but are actually getting into really deep politics, are doing well because there is such a popular hunger.
This video from @MKBHD is probably one of the most extraordinary explanations of Apple's use of market power put out in the last five years and it has millions of views. People want to know why the world is the way it is!
There's a loose network now of millions of people who watch these shows and talk about these ideas, but what is missing is the institutionalization. The Atlantic/MSNBC/CNN/Fox are tied into the partisan think tank and party establishments with personal and financial links.
There have been attempts, like Andrew Yang, who kind of rode to a sort of fame through these channels. But there are core missing pieces around linking the popular display of ideas, hooking those to some sort of political coalition, and linking that to a governing process.
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Amazon's Ryan McCrate says Amazon supports interoperability. "We will always work backwards from what works for our customers, and that includes interoperability."
Sonos's Eddie Lazarus says interoperability as it is currently implemented is "just an on-ramp to the Amazon system."
Republicans Mike Lee and Chuck Grassley just introduced a bill to dramatically weaken antitrust law. His bill *gets rid* of FTC antitrust authority. He would also codify the failed consumer welfare standard that ends up consolidating power.
Lee and Grassley's bill would gut private antitrust enforcement by repealing Hanover Shoe, a decision that made it harder for monopolists to escape liability for overcharging customers. c-span.org/video/?512534-…
Lee is putting forward his antitrust legislation under the guise that it will strengthen antitrust law, though its actual effect will be to empower monopolists. I think we can assume that all legislative efforts going forward will be framed that way.
The Clarence Thomas fallout continues. The Republican Ohio Attorney General just filed a fascinating complaint against Google. The AG is asking Google to be declared a common carrier and for the search results to be required to be done in a neutral manner. ohioattorneygeneral.gov/Files/Briefing…
I wrote up Thomas's important statement a few months ago. The right is rapidly changing on big tech, substantively. Not everyone is rejecting libertarianism. But it's happening. mattstoller.substack.com/p/why-is-clare…
The Ivy League really is a cartel, and not just in a metaphorical sense. The Justice Department investigated them for price-fixing in financial aid over the course of FOUR DECADES. nytimes.com/1991/05/23/us/…
23 Northeastern universities held an annual meeting in which they “discussed the financial-aid applications of 10,000 students who had been accepted to more than one institution in the group." The attorney general called them a “collegiate cartel.”
Liberals are finally noticing Stephen Breyer has bad judgment. Of course, those of us who watched him ruin antitrust law knew that all along. Same with RBG.
Antitrust hackery is a tell.
Do you dislike high pharma prices? Thank Breyer’s mess of an opinion in Actavis.
Dislike big tech monopolization? Thank Breyer (and RBG) signing onto Trinko and Linkline.
Stephen Breyer isn’t a bad justice because he won’t retire. He’s a bad justice because of his legacy of promoting monopolists and corporate power.
Howard Metzenbaum nearly voted no on his confirmation.
Bill Gates is a greedy guy who lies a lot, which has been clear for decades. It is nice that his ex-wife's PR firm is trashing his reputation, but, you know, why the two decade halo from the press? In 2019 I pointed out he lies about antitrust to this day. wnycstudios.org/podcasts/otm/s…
It's been an open secret that Bill Gates lies about big things, aka the source of all his wealth and power. And by 'open secret' I mean he goes around saying he was found not guilty of antitrust violations and he was actually found guilty. He should be in jail for monopolization.
“A partnership with Microsoft is like a Nazi non- aggression pact. It just means you’re next.” —Anonymous partner of Bill Gates