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Matt Stoller @matthewstoller
, 15 tweets, 7 min read Read on Twitter
1. There's a political realignment going on, and it's not right-left. It's tech platforms versus everyone else. Let's start with Jim Cramer talking about all the CEOs freaking out about Amazon.
2. And then marketing guru Scott Galloway at the Digital Media Summit getting *a standing ovation* for calling for the break-up of big tech.
3. Now we'll go to @Yelp's forum on the 20th anniversary of the Microsoft case. Antitrust attorney Jonathan Kanter discusses all the CEOs who can't understand why antitrust law is so weak against the platforms.…
4. Another antitrust lawyer at the #USvMicrosoft20, Gary Reback, talks about the CEOs who he dissuades from filing antitrust suits because of the state of the law. He also talks about the long list of companies with good antitrust claims who died.…
5. And then, we'll go to @BernieSanders talking with @linamkhan about Facebook and Google monopolies and how they are the biggest threats to democracy right now.
6. And @tedcruz says to use the antitrust laws to break up 'Big Tech'.…
7. And new Dem FTC Commissioner @chopraftc issues an all staff memo calling for breaking up of companies who violate consent decrees, *cough cough Facebook*.
8. Oracle exposed some of Google's egregious Android data tracking practices, inducing an investigation.…
9. It's an unusual moment when lots of major CEOs, marketers, and Bernie Sanders are in alignment on the need for fair commerce in the face of dominant tech platforms. Dogs and cats living together, mass hysteria, etc. But that's where we are.
10. And surprisingly, there are a lot of employees at the tech platforms themselves who think that the platforms should be broken up. The tech sector is being choked by Google, Amazon, and Facebook. Not just the tech sector anymore, increasingly the whole economy.
11. Our politics is defined by centrism and moderates, liberals, and conservatives, progressives, left, right, etc. This doesn't fit into those frameworks because this is about *fair commerce*. This is about being anti-monopoly because monopolies are anti-business.
12. The flaw of the right is they can't acknowledge private monopolies are dangerous. The flaw of the left is that they understand people mostly as consumers, with a nod towards them being workers who should be in unions. This is not reality. America is a nation of tradespeople.
13. The conjoined intellectual and commercial shift is happening right now. It's why all of a sudden @BernieSanders and @profgalloway and @jimcramer and @chopraftc and others, like Congressman @davidcicilline and CEOs, and @tedcruz are all talking Amazon, Google, Facebook.
14. Right now this is atomized, because it's not like these people are best buddies. It's an inchoate mess. And everyone - corporate world, left, right - are not only leery of challenging current policy norms on state action, they actually don't realize it can be different.
15. I'll leave you with a comment on the importance of decentralizing power from that well-known Brandeisian, Deng Xioping, who began the reformation of China after Mao.
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