1. My newsletter BIG on monopoly power just went paid. You should subscribe. I'm surprised by the outpouring of support, but I shouldn't be. People hate monopolies because we hate being dependent on another's will. It's the humiliation. It's this image.
mattstoller.substack.com/p/a-big-announ…
2. We've felt an inchoate sense of frustration for years, at inequality, polarization, or just being put on hold with an automated phone tree and a customer service rep who is equally powerless. My goal is to show the source of the problem. Monopolies. mattstoller.substack.com/p/a-big-announ…
3. So much of what's going wrong with our commerce and politics is analyzed in isolation. A lot of it is traceable to one upstream cause - the consolidation of economic power. For instance, I've shown that monopolies induce shortages. mattstoller.substack.com/p/counterfeit-…
4. I've pointed out that dominant firms and coercive contracting practices undermine our ability to work where we want and keeps wages lower than they should be. mattstoller.substack.com/p/free-our-doc…
5. Consolidation leads to national security vulnerabilities and planes falling out of the sky. mattstoller.substack.com/p/the-coming-b…
6. Mergers and dominance by Disney is transforming the very stories we are allowed to tell in American culture. mattstoller.substack.com/p/its-time-to-…
7. I've shown the dominant roll-up of power in advertising and communication, and how laws like Section 230 that shield big tech from liability, are inducing ethnic violence and polarization. mattstoller.substack.com/p/rumors-sprea…
8. I've reported on a cheerleading monopoly, which has changed the experience of childhood for millions of kids in search of excess profits and market power. mattstoller.substack.com/p/the-coming-c…
9. The dominance of McKinsey and the consolidation of defense contracting has led to foreign policy adventurism based on stupidity and, well, stupidity. mattstoller.substack.com/p/the-war-in-a…
10. While there's a lot of good reporting on these problems, too many writers are afraid or unable to show it's the acquisition of market power that is the fundamental driver. They are intimidated by economists. mattstoller.substack.com/p/what-is-the-…
11. The dysfunction is underpinned by a system of powerful antitrust defense lawyers, and more importantly, a corrupted economics establishment. mattstoller.substack.com/p/the-big-law-…
12. What's awesome, though, is that when we learn our anti-monopoly traditions, people fight back. There are now many more antitrust lawsuits, and more competition, because these problems are being exposed. sportico.com/leagues/other-…
13. We have leaders. There's Lina Khan at the FTC. And in New York, the legislature is on the verge of a bold and remarkable strengthening of antitrust law. mattstoller.substack.com/p/the-antitrus…
14. Now that the government is putting pressure on the Google search monopoly, new competitors like Neeva have emerged. Even Apple might launch a rival to Google search, if the pressure gets hot enough. mattstoller.substack.com/p/could-google…
14. Chatter about antitrust is popping up everywhere. Union members are telling politicians about it as they deal with semiconductor shortages. Biden issued a government-wide order on competition. mattstoller.substack.com/p/biden-launch…
15. In short, education and storytelling works. So subscribe to BIG and support the work exposing the perils of economic consolidation. It's both eye-opening and it makes a big difference. We can win this fight. We are winning this fight. mattstoller.substack.com/p/a-big-announ…
16. I know these guys aren't happy about the antitrust revolution currently in progress. So here's what I'll do for them. If you are a management consultant whose first name is Bob, you get a free subscription to BIG. mattstoller.substack.com/p/a-big-announ…

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More from @matthewstoller

12 Oct
I have a big announcement. I'm taking my Substack on monopolies paid. I'll explain more tomorrow, but the gist is that the newsletter has been so much more successful at addressing monopolies than I ever could have dreamed. mattstoller.substack.com/p/a-big-announ…
There's a lot of cynicism in politics, and for good reason. But over the last two years, our government has filed five antitrust suits against Google, two against Facebook, and one against Amazon. And a lot more is on the way, in sectors beyond tech.
mattstoller.substack.com/p/a-big-announ…
What a lot of people don't realize is that the business of politics is polarization, so as to disguise power. Anti-monopoly politics thrives on doing the opposite - patient teaching about our laws and history. And it works. mattstoller.substack.com/p/a-big-announ…
Read 5 tweets
12 Oct
What makes this conversation difficult among Dems is they can't internalize that they *haven't* delivered. Obamacare is still sort of good instead of a broken promise and the foreclosure crisis was inevitable. Much easier to talk messaging than admit we harmed a lot of people.
A lot of people ask me why I'm so hard on Obama. It has nothing to do with Obama, it has to do with how most people experienced *our policies* that facilitated foreclosures and GoFundMe-driven health care. The goal is to understand how we failed, so we can change.
It's also why I'm so assertive about rejecting socialism or saying the problem is capitalism. There are specific policy choices we made that harmed many people. Either holding up Obama or focusing on abstract forces is the same thing - refusing to admit what we did.
Read 5 tweets
11 Oct
I can’t decide what I want most.
I love coloring books!
It’s total bullshit that the Pelosi doll comes with a mask and the AOC doll doesn’t.
Read 4 tweets
9 Oct
In fact Democrats always do this. They poll and run ads on whatever polls highest. In 2010 they all ran ads bashing Wall Street and they got pasted even though everyone hated Wall Street.

You can't not deliver what you promised and continue to be heard. People will tune you out.
Biden promised to deal with Covid and return us to normalcy. Instead he's procrastinating and refusing to pick among factions in the White House. Dems can talk about whatever they want but voters can see they aren't getting what they were promised.
This isn't some sort of ideological factional problem either. The left, center, moderates, whatever, none of them actually seem to get that you have to deliver on governance. No one paid attention to the rental assistance getting out the door.
Read 4 tweets
9 Oct
Brilliant essay by Julius Krein. americanaffairsjournal.org/2021/08/the-va…
"Perhaps the clearest understanding of the U.S. economy is found in China, where officials and the media speak directly about America’s increasing dependence on high asset valuations, as opposed to growth in the real economy."
"Cold wars are led by states, and the U.S. state is subordinate to an oli­garchy. This class is reliant on China - for contract manufacturing, and to maintain high asset values.... To confront China, the U.S. state would first have to gain supremacy over the oligarchs."
Read 5 tweets
6 Oct
Nominating hearing for (among others) Biden antitrust pick Jonathan Kanter. judiciary.senate.gov/meetings/09/29…
Also a hearing for Lucy Koh to be on the ninth circuit. Koh is great on antitrust.
Now Tom Cotton is pressing Koh about FTC vs Qualcomm, and attacking her decision finding that Qualcomm was a monopoly. Koh responds by justifying her decision on standard essential patent licensing. Her decision was 100% correct, the ninth circuit was wrong to overturn her.
Read 15 tweets

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