#1529 Monopolies Run By Morons (Repost)
Best of the Left - Leftist Perspectives on Progressive Politics, News, Culture, Economics and Democracy
Jay Tomlinson
4.6 • 3.4K Ratings
🗓️ 20 January 2024
⏱️ 71 minutes
🧾️ Download transcript
Summary
Original Air Date 12/3/2022
Today, we take a look at the mega-companies that touch all of our lives and the monopolistic practices that have been developed to keep power and wealth concentrated with the few while the rest of us get screwed.
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SHOW NOTES
Ch. 1: Tech Monopolies - Last Week Tonight with John Oliver - Air Date 6-13-22
John Oliver discusses tech monopolies, and how to address the hidden harm they can do.
Ch. 2: How Ticketmaster Is Destroying Live Music - More Perfect Union - Air Date 10-19-22
Ticketmaster is destroying live music. Their scam fees now cost as much as 78% of a ticket. They control the events, the venues, and even the artists. There’s a movement pushing the Justice Department to take on its monopoly. Cory Doctorow breaks it down.
Not since the Great Depression have corporate profits soared so high. But it is not enough to satisfy them. More than 54% of the inflation America is experiencing is caused by record-setting corporate profits.
Safeway, Ralphs, Smiths, Harris Teeters, Shaws, Kings, Randalls, and about 25 other brands, will all be owned by a single company if the Kroger-Albertsons merger goes through. And that’s really bad news for the prices you pay.
Novelist Cory Doctorow and intellectual property expert Rebecca Giblin discuss their new book, Chokepoint Capitalism, which documents the increasing tensions between extractive corporations and creative laborers.
Ch. 6: Making The Case For Abolishing Billionaires - MSNBC - Air Date 11-21-22
"One after another, four of our best-known billionaires laid waste to the image of benevolent saviors carefully cultivated by their class," Anand Giridharadas writes in a recent New York Times column.
Ch. 7: Elon Musk Is An Idiot (and so are Zuck and SBF) - Adam Conover - Air Date 11-23-22
Tech CEOs aren't geniuses, and here's the proof.
MEMBERS-ONLY BONUS CLIP(S)
FINAL COMMENTS
Ch. 9: Final comments on how regulation helps stop financial scams
MUSIC (Blue Dot Sessions)
Produced by Jay! Tomlinson
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Transcript
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| 0:00.0 | Hey everyone you're about to hear one of our excellent episodes hand-picked from the archives. |
| 0:05.0 | Why? Because we're on a working production break. |
| 0:09.0 | You know how sometimes you get the day off from school, but your teachers still had to go in and prepare lesson plans or |
| 0:14.0 | whatever it was they were doing well this is like that so for now enjoy the |
| 0:18.8 | fruits of our past labor and know that we are working behind the scenes to keep the show going strong. |
| 0:25.0 | We've collected into one place all of our favorite ways that you can support the show |
| 0:32.0 | while doing any holiday shopping this year. |
| 0:34.4 | That's at best of left.com slash holiday. |
| 0:38.0 | We appreciate the support again. That's best of left dot com slash holiday. And now welcome to this episode of the award winning Best |
| 0:45.8 | of Left podcast in which we shall take a look at the mega companies that touch all of our lives |
| 0:50.8 | and the monopolistic practices that have been developed to keep power and wealth |
| 0:55.5 | concentrated with the few while the rest of us get screwed. |
| 0:59.5 | But first, just a quick and exciting announcement. We can now accept text messages in addition to voicemails and emails. |
| 1:08.7 | It's the same number we've always had, but I've done some technical wizardry behind the scenes so that you can now text us using just super standard |
| 1:16.6 | SMS but you can also use it to find us on what's app and the signal messaging app. |
| 1:23.0 | So save our number and then whenever the mood strikes, |
| 1:25.8 | you can send me your questions and comments |
| 1:27.9 | through the method of your choice. |
| 1:29.8 | Our number again, 202 999-391, and that's good for voicemails, text, what's-app, and signal messages. |
| 1:40.2 | And now, on to the show, clips today are from last week tonight, |
| 1:43.7 | More Perfect Union, the Tom Hartman program, Pitch Fork Economics, |
| 1:48.4 | MS NBC, and Adam Conover, with an additional members only clip from Pitch Fork Economics. |
... |
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