BREAKDOWN: ‘Google Is One of the Most Important Antitrust Cases of All Time,’ With Matt Stoller
CoinDesk Podcast Network
CoinDesk
4.8 • 689 Ratings
🗓️ 22 October 2020
⏱️ 46 minutes
🧾️ Download transcript
Summary
The author of “Goliath” gives his take on the history of American antitrust politics and what it means for the just-announced Google case.
This episode is sponsored by Crypto.com, Nexo.io and Elliptic.
Matt Stoller works with the American Economic Liberties Project and is the author of “Goliath: The 100-Year War Between Monopoly Power and Democracy” as well as the popular Substack newsletter “BIG.”
In this conversation, he and NLW discuss the history of American antitrust sentiment and politics including:
- The origins of antitrust sentiment
- How the “Watergate Babies” generation of Democrats turned away from antitrust sentiment
- How the 1990s shifted power in favor of corporates and tech
- Why the 2008-2009 crisis was a seminal moment in our attitudes towards big finance
- The significance of the new antitrust case against Google
Find our guest online:
Twitter: @matthewstoller
Web: mattstoller.com
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Transcript
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| 0:49.4 | It's a huge deal. |
| 0:50.5 | It's the most important antitrust case brought in at least 20 years, maybe one of the most |
| 0:54.3 | important of all time, not only because Google is a trillion-dollar behemoth that's controlling |
| 0:59.1 | information flow, which is, you know, that's super important to any democratic society, but also because |
| 1:05.1 | it is a repudiation of that pro-monopoly ideology that really got inculcated in the early 1980s. |
| 1:12.2 | It's a conservative Republican administration that's bringing the case. |
| 1:15.6 | So that's it. |
| 1:16.7 | The old libertarian model is done. |
| 1:19.2 | This is a country that is going to fight monopolies. |
| 1:23.6 | Welcome back to The Breakdown with me, NLW. |
| 1:27.8 | It's a daily podcast on macro, Bitcoin, and the big picture power shifts remaking our world. |
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