Tag Archives: Matt Stoller

Nobody wants the status quo

The vast majority of Americans find the status quo poisonous. This is the inevitable blowback from decades of misguided bipartisan policies that have destroyed our country. From never-ending invasions, regime-change ops and sanctions, to ruinous financialization, to the steady outsourcing … Continue reading

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Too Big to Fail

Is AI too big to fail? The question has come to the forefront now that Wall Street and big tech firms are inflating a massive AI bubble in the hopes that it will somehow work out, but if it doesn’t, … Continue reading

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McKinsey-ified

Matt Stoller has coined the perfect description for the late-stage American empire. He says we’ve become McKinsey-ified. “More fundamentally, the people who are in charge of the governing institutions in our society are simply divorced from the underlying logistics of … Continue reading

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A World Turned Upside Down

  When the British surrendered at Yorktown at the close of the Revolutionary War their commander, General Cornwallis, was so distraught that he feigned illness and instead had his subordinate proffer his sword to General Washington. The tenor of the … Continue reading

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The language of control

  In a recent interview Matt Stoller confirmed something that I long suspected. Stoller, the author of Goliath: The 100 Year war between Monopoly Power and Democracy, describes economics as the language of the aristocracy, or oligarchy, if you will. He … Continue reading

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Market Failure

  I never though I would feel nostalgic for the Cold War but in retrospect it’s apparent that the contest between the two superpowers over which system delivered more comfort, freedom, and happiness to its citizens was a golden era. … Continue reading

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The Colossus

  Amazon has become the most powerful economic actor, a veritable colossus astride our Republic. The recent reports about the ubiquitous online merchant’s search for a new headquarters only reinforce this perception. After a long process, Amazon finally announced that it … Continue reading

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Ten Years After

  Ten years ago the US stock market tanked, and for the next several weeks financial markets were a cluster-fuck of panic and chaos. Americans were frightened of what was happening in the economy. The real estate market had collapsed. Venerable Wall … Continue reading

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Concentrated

  Amazon’s takeover of Whole Foods has raised alarms about economic concentration. No corporation epitomizes monopoly better than Amazon, who’s business model is predicated on losing money with their super-low prices in order to capture market share. Their dominant position then … Continue reading

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A Tale of Two Countries

  “It was the best of times, it was the worst of times…” When Charles Dickens wrote the opening lines of A Tale of Two Cities it was in reference to London and Paris during the French Revolution, but his epochal depiction … Continue reading

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