Zephyr Teachout Profile picture
Antimonopolist, pluralist, populist, professor. Books: Corruption in America, Break ‘em Up. Words @nytimes @foreignpolicy @thenation @nybooks @theprospect.
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Aug 23 4 tweets 1 min read
I have 2 reasons to love Harris' new "A New Way Forward" slogan.

(1) After the big banks crashed the economy, I cofounded and led a group called "A New Way Forward," w/ hundreds of big rallies around the country and lobbied Congressional offices on banking antitrust/reform. (2) JP Morgan's lawyer got in touch with me because they had registered the "Way Forward" trademark and didn't like us using the name. (Much to my disappointment, they decided not to sue.) "A New Way Forward" is not for sale.
Aug 19 5 tweets 1 min read
A lot of thoughts on price gouging.

First, 42 states have laws against price gouging that have worked well for decades.

Harris' price gouging proposal would close the loophole that allows big corporations to price gouge in state 1 and sell in state 2 and get away with it. The problem with existing price gouging laws is that they don't reach the worst offenders, because they are "upstream" ,taking advantage of big abnormal market shocks to raise prices on necessities, essentially exploiting power unfairly. Harris' proposal would fix that.
Mar 13 6 tweets 2 min read
There is nothing xenophobic about laws forbidding foreign ownership of critical infrastructure.

It is, in fact, simply rational, flowing from a rational assessment of rational motive and opportunity. It is democracy protecting. Like the Foreign Emoluments clause. If you support the ban on foreign corporate spending in US elections, you should support a ban on foreign government ownership of essential communications facilities.
Nov 27, 2023 12 tweets 2 min read
1/ "It is now all too common to hear calls for swift and severe retribution in response to perceived transgressions of speech and thought. More troubling still, institutional leaders, in a spirit of panicked damage control, are delivering hasty and disproportionate punishments 2/ instead of considered reforms. Editors are fired for running controversial pieces; books are withdrawn for alleged inauthenticity; journalists are barred from writing on certain topics; professors are investigated for quoting works of literature in class;