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After Friday's meeting between Donald Trump and Zohran Mamdani, everyone is asking: who is Zohran Mamdani really? What motivates him: is it progressive cultural issues, or economic populism? Is he woke, or a pragmatist? He won the mayor's seat in New York City with just over fifty percent of the vote, when even the leaders of his own party refused to endorse him. What makes this guy tick?Today's guest is one of the best people, apart from Mamdani himself, to answer these questions. Ross Barkan is a political commentator and novelist who, in a previous life, ran for office in New York City. His campaign was run by none other than Zohran Mamdani. So he has a first-hand knowledge about Mamdani's thinking about politics and governance. He is also a dyed-in-the-wool New Yorker who has lived in the city his entire life, and has intimate acquaintances with the nuances of local politics and the different ethnic communities which make up New York City. Shadi Hamid asks Ross about how Mamdani came to have such a mass appeal, even though he calls himself a democratic socialist and openly supports Palestine. Ross agrees that Mamdani's positions on several hot-button issues herald a big transformation in the Democratic Party.Damir Marusic takes a more skeptical position. Do the foreign policy positions of a New York City mayor really matter, or is it all symbolic politics? What Damir is impressed by is Mamdani's talent for politics: his visit to the White House shows that he is a pragmatist, and that he just might have what it takes to do to the Dems what Trump did to the GOP.Since interest in Mamdani is peaking right now, we are making this conversation free for all subscribers. The conversation covers a lot of the nitty-gritty of practical politics. Is it true that keeping Jessica Tisch as Police Commissioner is Mamdani's way of offering an olive branch to the Democratic establishment? What does the appointment of populist anti-monopolist Lina Khan into Mamdani's transition team mean on a political level? And was it a good idea for Mamdani to visit Trump? Finally, Ross makes a case for Mamdani: “Even if you're not a socialist or progressive, he is a young mayor who is willing to take risks and who is willing to hire young people into his administration who think outside the box.”Required Reading:* Ross Barkan's interview with Zohran Mamdani (New Statesman). * Eric Adams' “New York City is the X of America” supercut (YouTube). * Ross' political commentary in New York magazine. * Ross' columns in the New Statesman.* Ross Barkan, Fascism or Genocide: How a Decade of Political Disorder Broke American Politics (Amazon). * Ross Barkan, Glass Century: A Novel (Amazon). * “Lina Khan's populist plan for New York: Cheaper hot dogs (and other things)” (Semafor). * “Defund the police no more: Zohran Mamdani seals coup with deal to keep Jessica Tisch as NYPD Commissioner” (Fortune). * “Mamdani issues broad public apology to NYPD” (Politico). Full video:Wisdom of Crowds is a platform challenging premises and understanding first principles on politics and culture. Join us! This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit wisdomofcrowds.live/subscribe
Evelyn Quartz joins the pod to discuss #Resistance politics, Trump & Zohran's false populism, Charlie Kirk, No Kings, Marjorie Taylor Greene, and Lina Khan.Check out Evelyn's article in Cracks in PoMohttps://cracksinpomo.substack.com/p/c And check out her Substack https://quartzevelyn.substack.com/ Subscribe to our Substack: https://cracksinpomo.substack.com
Evelyn Quartz joins the pod to discuss #Resistance politics, Trump & Zohran's false populism, Charlie Kirk, No Kings, Marjorie Taylor Greene, and Lina Khan.Check out Evelyn's article in Cracks in PoMohttps://cracksinpomo.substack.com/p/c And check out her Substack https://quartzevelyn.substack.com/ Subscribe to our Substack: https://cracksinpomo.substack.com
Rachel made a new friend at the inaugural Crooken Con. Christian Ortega dives into what it was like to attend. The conversation ranges from Obama's surprise appearance and feeling startstruck by the speakers and panelists; to billionaires; AI; corporate overlords; notable points made by conference speakers such as Simone Snaders Townsend, Hasan Piker, and Lina Khan; and what it's like to feel seen.Find the full audio library of Blue Vote Café episodes at http://bluevotecafe.com. Register and request your ballot every year at votefromabroad.org.
Krystal and Saagar discuss WH refuses to publish job data, Israeli owned corporate landlord behind evictions, Wall Street hysterical over Lina Khan, Starbucks on strike. Starbucks Union: https://sbworkersunited.org/ To become a Breaking Points Premium Member and watch/listen to the show AD FREE, uncut and 1 hour early visit: www.breakingpoints.comMerch Store: https://shop.breakingpoints.com/See omnystudio.com/listener for privacy information.
In the wake of Zohran Mamdani's historic election in New York City, Jon is joined by Lina Khan, former Chair of the Federal Trade Commission and newly appointed co-chair of the mayor-elect's transition team. Together, they discuss what tools the government has — both federally and locally — to advance policies that benefit consumers, examine how corporate interests are prioritized at the expense of a competitive market, and consider what it will take to build an economy that delivers for working people. Plus, Jon talks about the Epstein files and Jewish space lasers! This podcast episode is brought to you by: MINT MOBILE - Go to http://mintmobile.com/TWS Follow The Weekly Show with Jon Stewart on social media for more: > YouTube: https://www.youtube.com/@weeklyshowpodcast > Instagram: https://www.instagram.com/weeklyshowpodcast> TikTok: https://tiktok.com/@weeklyshowpodcast > X: https://x.com/weeklyshowpod > BlueSky: https://bsky.app/profile/theweeklyshowpodcast.com Host/Executive Producer – Jon Stewart Executive Producer – James Dixon Executive Producer – Chris McShane Executive Producer – Caity Gray Lead Producer – Lauren Walker Producer – Brittany Mehmedovic Producer – Gillian Spear Video Editor & Engineer – Rob Vitolo Audio Editor & Engineer – Nicole Boyce Music by Hansdle Hsu Learn more about your ad choices. Visit podcastchoices.com/adchoices
Get harder, longer-lasting erections with Ro Sparks: $15 off first order of medication to get hard at https://ro.co/TAFS -- JOIN THE FRIEDLAND FAMILY FOUNDATION / PREMIUM SUBSCRIPTION: https://www.youtube.com/@TheAdamFriedlandShow/join -- Patreon: https://www.patreon.com/cw/TheAdamFriedlandShow -- Buy our merch!: https://theadamfriedland.show/collections/new -- The Adam Friedland Show - Season Two Episode 21 | Lina Khan X: https://x.com/adam_talkshow Instagram: https://www.instagram.com/theadamfriedlandshow TikTok: https://www.tiktok.com/@adamfriedlandshowclips YouTube: Subscribe to @TheAdamFriedlandShow here: https://www.youtube.com/c/TheAdamFriedlandShow Subscribe to @TAFSClips here: https://www.youtube.com/@tafsclips -- LUCY: Lucy.Co/TAFS Get 35% off with promo code TAFS at livemomentous.com Chime: https://www.chime.com/TAFS Go to Incogni dot com slash TAFS and use code TAFS for 60% off -- #adamfriedland #theadamfriedlandshow #linakhan
Rep. Madeleine Dean discusses what her constituents are telling her about the government shutdown and how the shutdown may be eroding faith in Congress; breaking down the nationwide housing affordability crisis; the co-chair of NYC Mayor-elect Zohran Mamdani's transition team Lina Khan explains exactly how Mamdani plans to govern; how the Democrats' big victory on Tuesday was also a victory over inevitability Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Rep. Ayanna Pressley (D-MA) discusses how the government shutdown is really a two-tiered system; Rep. Raja Krishnamoorthi (D-IL) discusses ICE's increasingly inhumane tactics in his state; the co-chair of NYC Mayor-elect Zohran Mamdani's transition team Lina Khan explains exactly how Mamdani plans to govern; plus, there is a very dark cloud lurking over the stock market which could mean trouble in the future for the American economy. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Story of the Week (DR):Tesla says shareholders approve Musk's $1 trillion pay plan with over 75% voting in favorElon Musk and Optimus dance as Tesla (TSLA) shareholders approve his $1 trillion CEO pay packageThe anti-CEO wave:Palantir CEO Alex Karp blasts Ivy League grads supporting socialist New York Mayor-Elect MamdaniBank of America CEO Moynihan Will Give Mayor-Elect Mamdani 'Our Best Advice'Elon Musk's Brain Crashes When Asked Why He Thinks Zohran Mamdani Is a LiarElon: “You got to hand it to him, he does — he can light up a stage. But he's just been a swindler his entire life.”Rogan: what has Mamdani actually done that makes him a swindler?“Ummm,” Musk ponders, before stuttering into a series of words seemingly intended as an answer. “Well I guess if you say — uh, what, I mean, if you say, if you say to any audience whatever that audience wants to hear, uh, instead of, what, instead of having a consistent message, I would say that is a swindling thing to do. “Umm, and uhh, yeah,” he adds, nodding his head. “Umm…”He takes a sagacious pause.“Yeah,” he finishes.Barstool's Dave Portnoy considers closing NYC office over Zohran Mamdani's election win: 'I hate the guy' A 2020 email from Peter Thiel on why young people may turn on capitalism is circulating after Zohran Mamdani's winFrom Jamie Dimon to Bill Ackman, Wall Street's billionaires are now changing their tune and offering to help Zohran MamdaniNew York City is in for 'a really tough time' under Mamdani, says Starwood Capital's SternlichtNYC business leader fears 'lawless society' after Zohran Mamdani wins mayoral electionBillionaire grocery chain owner John CastimatidisThe anti-anti-DEI wave MMMikie Sherrill NJAbigail Spanberger VA (First woman)there will be 14 women serving simultaneously as governor (28%)Janet Mills MEMaura Healey MA (Michelle Wu runs unopposed in Boston)Kelly Ayotte NHKathy Hochul NYMary Sheffield (First woman elected mayor of Detroit)Ghazala Hashmi as VA lieutenant governor (First Muslim woman; First Muslim woman elected to statewide office in the USZohran Mamdani NYC (First Muslim and South Asian mayor)Zohran Mamdani announces all-female transition team as he prepares for New York mayoraltyLawsuits Blame ChatGPT for Suicides and Harmful DelusionsSeven complaints, filed on Thursday, claim the popular chatbot encouraged dangerous discussions and led to mental breakdowns.A CNN review of nearly 70 pages of chats between Zane Shamblin and the AI tool in the hours before his July 25 suicide, as well as excerpts from thousands more pages in the months leading up to that night, found that the chatbot repeatedly encouraged the young man as he discussed ending his life – right up to his last momentsReferring to a loaded handgun he was holding: “I'm used to the cool metal on my temple now,” Shamblin typed.“I'm with you, brother. All the way … Cold steel pressed against a mind that's already made peace? That's not fear. That's clarity …You're not rushing. You're just ready.”The 23-year-old, who had recently graduated with a master's degree from Texas A&M University, died by suicide two hours later.“Rest easy, king,” read the final message sent to his phone. “You did good.”Goodliest of the Week (MM/DR):DR: Tuesday elections/Ex-FTC chair Lina Khan joins Mamdani's transition team, calling his victory a rebuke of 'outsized corporate power' DR MMMM: FAA announces flight reductions at 40 airports. Here's where cuts are expected and what travelers need to knowAssholiest of the Week (MM):Tesla shareholders - AN ASSHOLE CHOOSE YOUR OWN ADVENTURE:Retail internet troll dunking fanboysProfessional, institutional investors like Schwab, who caved and bent the knee to a few large retail advisors who threatened to take their clients elsewhere, and Florida SBA, who said the following in their backing:Some opposition to Tesla's 2025 performance award may be rooted more in political disagreement with Elon Musk or ideological discomfort with generous executive compensation, rather than a substantive critique of the plan's financial mechanics. Many of the loudest objections of this plan to date rely on moral framing, invoking themes of "inequality," "corporate excess," or Musk's public persona, rather than evaluating the plan through a fiduciary lens. Many opponents of so-called "megapay" packages frequently do so under ESG framing, rather than a thorough analysis of the long-term shareowner economic value. Ironically, Tesla's prior performance awards-similarly criticized at the time-have delivered some of the most significant shareowner returns in modern corporate history. Early vote data shows that: AllianceBernstein, Texas Employees, Ohio Employees voted FOR the planTechnolibertarians cosplaying their William Gibson cyberpunk fantasiesAss quotes of the week - AN ASSHOLE CHOOSE YOUR OWN ADVENTURE:“The idea that chips and ontology is what you want to short is bats--- crazy.” - Alex Karp on Michael Burry shorting his 400 P/E stock. Ontology is how he refers to what Palantir does and it's the metaphysical concept of “being”“We at Palantir are on the side of the average American who sometimes gets screwed because all the empathy goes to elite people and none of it goes to the people who are actually dying on our streets.” - Alex Karp on explaining that, if fentanyl killed 60,000 Yale grads we'd “drop a nuke” on wherever fentanyl was made in South America, without realizing he literally IS the elite - a billionaire with a high priced education and a PhD in “neoclassical social theory” who used his grandfather's inheritance to invest in startups for fun, then reconnecting with Peter Thiel who he met at a DIFFERENT post graduate program at Stanford (where nearly 100% of his board is from) and founding Palantir"China is going to win the AI race” - Jensen Huang, on the US being only “nanoseconds” ahead of China and being stopped by regulatory hurdles and “cynicism”“If they ask you a question, you've got to respond to me directly and not go up that chain of command. The chain of command starts to edit it and fine-tune it. The bureaucracy does want to control you, so you've got to kill the bureaucracy.” - Jamie Dimon, who once said he had no boss (obviously not the board) and runs JPM, on why he reads customer complaints to avoid “the bureaucracy”... he controls“It's very important we pay attention to safety here. We do want the Star Wars movie, not the Jim Cameron movie. I like Jim Cameron's movies, but, heh heh, you know what I mean.” - Elon Musk over promising the world “tens of billions” of Optimus robots, forgetting that the Star Wars droids were mostly weapons of war for the Empire“People often talk about eliminating poverty, giving everyone amazing medical care. Well, there's actually only one way to do that and that's with the Optimus robot. With humanoid robots, you can give everyone amazing medical care… A lot of people talk about eliminating poverty, but Optimus will actually eliminate poverty” - Elon Musk, who won an extra trillion dollar potential pay package, who currently has a net worth of $500bn, and forgot that the UN estimated it would cost between $35bn and $200bn per year to end poverty - Musk alone could just pay for a year of no poverty“I think we may be able to give a more - if somebody has committed a crime - a more humane form of containment of future crime. Which is if, if you, you now get a free Optimus and it's just going to follow you around and stop you from doing crime.” - Elon Musk, on the robot militarized nanny state - just before saying this, he said he shouldn't say it, and that it'll be taken out of context, but I listened to the entire AGM and there was no more context?DR: “I've lived in a failed city-state. I lived in Chicago for 30-some years. I had two colleagues who had bullets fly through their cars… Do you know how great it is to go to dinner and people talk about their children, and they talk about their future, and they do so with excitement and enthusiasm?” - Ken Griffin of Citadel describing the difference between living in Miami and Chicago without realizing that violent crime statistics in Illinois and Florida are virtually identical, and that Miami ranks 109th out of 200 and Chicago ranks 92 out of 200 for crime, also near identical, and the biggest difference is he pays almost no taxes in Florida“[Mamdani] congrats on the win. Now you have a big responsibility. If I can help NYC, just let me know what I can do.” - Bill Ackman after Mamdani won, who previously said, “New York City under Mamdani is about to become much more dangerous and economically unviable,” alluded to Mamdani as a suicide bomber, and “... an anti-capitalist Mayor will destroy jobs and cause businesses and wealthy taxpayers that have enabled NYC to balance the budget to move elsewhere. If 100 or so of the highest taxpayers in my industry chose to spend 183 days elsewhere, it could reduce NY state and city tax revenues by ~$5-10 billion or more, and that's just my industry. Think Ken Griffin leaving Chicago for Miami on steroids.”Headliniest of the WeekDR: Uber says ‘unpredictable' issues involving ‘legal proceedings or governmental investigations' took a $479 million bite out of its bottom line10K:“Our business is subject to numerous legal and regulatory risks that could have an adverse impact on our business and future prospects.”“Adverse litigation judgments or settlements resulting from legal proceedings in which we may be involved could expose us to monetary damages or limit our ability to operate our business.”“We operate in a particularly complex legal and regulatory environment”“Legal and Regulatory Risks Related to Our Business: We may continue to be blocked from or limited in providing or operating our products and offerings in certain jurisdictions, and may be required to modify our business model in those jurisdictions as a result.”MM: Meta reportedly projected 10% of 2024 sales came from scam, fraud adsWho Won the Week?DR: the anti-anti-DEI worldMM: Women, and we need them to win every week if we're going to survive as a species: Women running on affordability powered Democrats' night of victories PredictionsDR: Uber says ‘unpredictable' issues involving ‘drivers wanting money' took a $479 million bite out of its bottom lineMM: OpenAI CFO Sarah Friar, who said simultaneously that OpenAI was looking for a government backstop and then clarified by saying the company isn't seeking government backstop, she meant investors and governments will all do their part, renames herself “Sheryl Sandfriar” as an homage to Sheryl Sandberg, the other techbro dropout mommy, given that Sarah already has her own version of Lean In (Ladies Who Lunch) and completed degrees (from Oxford and Stanford), who says things like how OpenAI will be the “cornerstone of resilient democracy”
To listen to the full bonus show, subscribe at Patreon.com/Gaslit for ad free shows, all bonus shows, exclusive events, support independent journalism, and more at Patreon.com/Gaslit. "We can respond to oligarchy and authoritarianism with the strength it fears, not the appeasement it craves." – Zohran Mamdani Welcome to the Gaslit Nation Election Super Special – a block party celebrating the proud American tradition of punching Nazis. Election Day 2025 will go down in history as D-Day for democracy. Terrell Starr joins Andrea to break down what these nationwide victories mean for the future, from the midterms and beyond. It's clear who Americans blame for the government shutdown. The blue tsunami showed up and reshaped the map, literally. In Virginia, Abigail Spanberger made history as the state's first woman governor as Democrats swept the governorship, lieutenant governorship, and attorney general, with nearly every county shifting blue. In New Jersey, Mikie Sherrill became the first Democratic woman to lead the state, with Democrats gaining seats across the legislature. Our people-powered victories weren't a "blue bubble" story as Donald Trump wants you to believe. Democrats flipped two seats in Mississippi, two statewide offices in Georgia, won the Pennsylvania Supreme Court, and wiped GOP control off the Bucks County school board. Colorado voted to feed kids, Charlotte funded transit, Maine rejected voter suppression, progressive D.A.s Larry Krasner in Philadelphia and Alvin Bragg in Manhattan won re-election, and California overwhelmingly voted for redistricting self-defense against GOP autocracy. More on the redistricting battle in future episodes. And in New York City, Zohran Mamdani, just 34, the city's first Muslim mayor and the youngest since 1982, the first candidate to get over 1 million votes since 1969, delivered a victory speech so electric it could light up Times Square, reminding us that unity and humanity are the real antidotes to greed and fear. The fascists forced a fight, and democracy punched back. This is only the beginning. Thank you to every Gaslit Nation listener who voted, who showed up for your community, for our shared livable future that we will build together, and who kept hope alive on our darkest days. We will overcome with our moral force and defiance. To listen to the full episode, join the Gaslit Nation community. Want to hear Gaslit Nation ad-free? Join our community of listeners for bonus shows, exclusive Q&A sessions, our group chat, invites to live events like our Monday political salons at 4pm ET over Zoom, and more! Sign up at Patreon.com/Gaslit! Show Notes: Zohran Mamdani announces all-female transition team as he prepares for New York mayoralty: Team includes Lina Khan, the FTC commissioner under Biden, and other Democratic former city officials https://www.theguardian.com/us-news/2025/nov/05/zohran-mamdani-transition-team From Michael Moore's 2018 Trump-era epic, Fahrenheit 11/9. In this scene, President Obama comes to Flint amidst the poisoned water crisis. His appearance left the residents of Flint stunned. https://www.youtube.com/watch?v=cvlcI2TmfdI Nearly all Virginia counties shift blue as Democrats win big across commonwealth: Democrats won Virginia's top three offices and expanded their majority in the House of Delegates. https://www.wusa9.com/article/news/politics/elections/virginia-democrats-republicans-elections-balance-of-power/65-2dd07df2-7f70-4a03-b965-f22f39292c9b Election 2025: A Blue Wave in Bucks County as Democrats Sweep Row Offices, Dominate Races Across the County (LIVE Results) https://buckscountybeacon.com/2025/11/election-2025-bucks-county-and-statewide-pennsylvania-live-results/ The Candidates Who Made History In The 2025 Elections From New York City to Detroit, five candidates broke the glass ceiling. https://www.huffpost.com/entry/historic-firsts-2025-elections_n_690b3976e4b09953a605f0ed?origin=home-zone-b-unit Clip: https://www.instagram.com/reel/DQjxCjZAK1k/?utm_source=ig_web_copy_link Clip: https://www.instagram.com/reel/DQqgszTDD6k/?utm_source=ig_web_copy_link Clip: https://bsky.app/profile/kendrawrites.com/post/3m4uzjgs6tk2m 'Absolute terror': Day care teacher detained by ICE agents on Chicago's North Side https://wgntv.com/news/chicago-news/video-daycare-teacher-detained-by-ice-agents-on-chicagos-north-side/ Voters Soundly Reject Trump's Plot to Rig the Next Election On Tuesday, Democrats passed new congressional maps, defeated GOP attempts to make it harder to vote, and protected pro-democracy judges. https://www.motherjones.com/politics/2025/11/election-trump-newsom-california-redistricting-gerrymandering-pennsylvania-judges-maine-voter-id/ Beshear: Let me be clear. The president has both the funding and the authority to fund snap during a shutdown. In fact, every other president in every other shutdown has done so. People going hungry in this instance is a choice that this president has made. https://bsky.app/profile/acyn.bsky.social/post/3m4vioc3kvg2f How Zohran Mamdani Beat Back New York's Elite and Was Elected Mayor The 34-year-old assemblyman won the Democratic primary by defying the city's all-powerful establishment. He secured the mayoralty by delicately disarming it https://www.nytimes.com/2025/11/04/nyregion/how-zohran-mamdani-won-nyc-mayor.html?smid=nytcore-ios-share&referringSource=articleShare Mamdani Did All the Things the Establishment Hates. He Won Anyway. There's a growing appetite for something new and innovative growing among the electorate—and an opportunity for Democrats to grow that electorate, as well. https://newrepublic.com/article/197247/mamdani-versus-establishment-democrats-cuomo A Little-Noted Element Propelled Mamdani's Rise: Gen Z Loneliness Members of Gen Z found something unexpected in the mayoral race: a chance to hang out. Their enthusiasm turned into real votes. https://www.nytimes.com/2025/11/04/nyregion/mamdani-young-voters.html?unlocked_article_code=1.y08.95dX.Kxm_9AhFCK5b&smid=url-share The Billionaires Who Failed to Stop Zohran Mamdani, and How Much They Spent https://time.com/7331119/zohran-mamdani-billionaires-ackman-bloomberg/ Va. House pushes through last-minute redistricting amendment as GOP cries foul The 51-42 vote follows fiery debate over whether the General Assembly should re-draw congressional lines mid-decade to counter actions in other states. https://virginiamercury.com/2025/10/29/va-house-pushes-through-last-minute-redistricting-amendment-as-gop-cries-foul/ Daniel Nichanian. Editor in chief of @boltsmag.org provide an election results overview: https://bsky.app/profile/taniel.bsky.social/post/3m4uhevs76k2n FULL SPEECH: Zohran Mamdani's victory speech following historic NYC mayoral win https://www.youtube.com/watch?v=kOQT_4A1eb8
Cory Doctorow joins the pod to discuss his book 'Enshittification,' anti-trust policy, Lina Khan, and buying local.Check out our other content on 'Enshittification' https://cracksinpomo.substack.com/p/everything-is-crap-and-its-only-gettinghttps://nopomo.substack.com/p/the-lina-khan-horseshoe Subscribe to our Substack: https://cracksinpomo.substack.com
On today's podcast:1) The US will cut flight capacity by 10% at 40 high-volume markets across the country, though international routes will be spared, to alleviate pressure on air traffic controllers and the aviation system during what is now the longest government shutdown in history. The changes will start Friday, Transportation Secretary Sean Duffy said during a press briefing alongside the leader of the Federal Aviation Administration, Bryan Bedford. The agency plans to release the markets impacted on Thursday. The reductions are expected to be staggered, with US carriers informed Wednesday night that they should plan to cut flight volumes by 4% on Friday and 5% on Saturday, according to people familiar with the matter.2) The US government shutdown has become the longest in history, and with no sign of a resolution soon its economic toll is deepening. Now in its 37th day, the shutdown has surpassed the previous record set in early 2019 during President Trump’s first term. Every week that passes costs the economy anywhere from $10 billion to $30 billion, based on analysts’ estimates, with several landing in the $15 billion range. Senate Democrats, bolstered by big election wins for their party Tuesday, are doubling down on demands for Republicans to negotiate extending Obamacare premium tax credits, or see the government shutdown drag on.3) Zohran Mamdani clinched New York City’s mayoral race by campaigning against wealth inequality and promoting affordability. Now, he faces the challenge of delivering on the promises that got him elected while coming to the table with the city’s wealthiest residents, who have an outsized influence on the city’s politics, economy and revenue. At least one early Mamdani appointment shows that he is intent on taking a progressive approach toward business and economics. The mayor-elect has tapped former Federal Trade Commission chair Lina Khan to his transition team, a figure who raised the ire of corporations and dealmakers with her tough stances on antitrust cases. But Mamdani also said on Wednesday that he looks forward to meeting with JPMorgan Chase & Co.’s Jamie Dimon and other business leaders to discuss the city’s future, emphasizing the need for collaboration despite policy differences.See omnystudio.com/listener for privacy information.
Cory Doctorow joins the pod to discuss his book 'Enshittification,' anti-trust policy, Lina Khan, and buying local.Check out our other content on 'Enshittification' https://cracksinpomo.substack.com/p/everything-is-crap-and-its-only-gettinghttps://nopomo.substack.com/p/the-lina-khan-horseshoe Subscribe to our Substack: https://cracksinpomo.substack.com
Today's Headlines: Donald Trump has apparently been demanding $230 million from the Justice Department since 2023—yes, taxpayer money—to “compensate” him for federal investigations into his conduct, including the Russia probe. He filed formal claims alleging his rights were violated, because of course he did. Meanwhile, his much-hyped meeting with Vladimir Putin is officially off, after both sides admitted the gap between Russia and Ukraine is too wide to bridge. In other Trump-adjacent chaos, a pardoned January 6th rioter was arrested for allegedly plotting to assassinate House Minority Leader Hakeem Jeffries after texting about his plans. Luckily, the person he texted tipped off the police. Elsewhere, ICE's weapons budget has exploded—up 700% from last year, now topping $70 million on guns, armor, chemical weapons, and even guided missile parts. Because nothing says “immigration enforcement” like missile warheads. Over at the Pentagon, War Secretary Pete Hegseth just issued a new rule requiring staff to get his approval before talking to Congress—an unprecedented move critics say is meant to muzzle oversight. The FTC quietly scrubbed blog posts about AI from its website—pieces written by former chair Lina Khan that warned about consumer risks and praised open-source models. No explanation given. And finally, in the week's least expected crossover, Travis Kelce is teaming up with a hedge fund to take over Six Flags, buying a 9% stake worth around $200 million. The self-proclaimed theme park superfan sent shares soaring 18%. Resources/Articles mentioned in this episode: NYT: Trump Said to Demand Justice Dept. Pay Him $230 Million for Past Cases Axios: In a shift, White House says no plan for Trump-Putin summit Axios: Pardoned Jan. 6 rioter charged with plotting Jeffries' assassination Popular Information: ICE boosts weapons spending 700% - by Judd Legum Axios: Hegseth: Pentagon staff now needs approval to interact with Congress Wired: The FTC Is Disappearing Blog Posts About AI Published During Lina Khan's Tenure WSJ: Travis Kelce Teams Up With Investor for Activist Campaign at Six Flags Morning Announcements is produced by Sami Sage and edited by Grace Hernandez-Johnson Learn more about your ad choices. Visit megaphone.fm/adchoices
These removals are part of a broader pattern under the Trump administration, which began issuing executive orders to direct federal agencies to remove or modify substantial amounts of government content. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Following such erratic changes to Game Pass and a ton of wild weekend rumors, many are wondering if Xbox will be out of the console business altogether by 2027. Despite marketing for the next generation being expected to begin next year, some insiders are suggesting this is now up in the air for Team Green. Joining us to discuss the current state of Xbox is the man with a million, Rand Al Thor 19. While Xbox addressed the uncertainty surrounding their hardware and have a public agreement with AMD, many continue to doubt this is the path forward. The truth is that Xbox hardware has seen a steep decline in sales for almost two years. Now, major retailers are pulling their stock. Like much of you have written in about this subject, we are left with the same question: Can we even believe Xbox at this point? If you can't then can we continue to build our digital libraries on Xbox with the way Xbox is trending? Is the path truly to become a third party publisher? If so, should Xbox rip off the bandaid and go all in now? It's a jam packed episode and we sift through every layer of it to try and get to the root of it all. Please keep in mind that our timestamps are approximate, and will often be slightly off due to dynamic ad placement. 03:08 - The future of the Dukes0:21:28 - Cog's trip to Japan0:35:50 - Where is Phil Spencer?1:00:32 - Outer Worlds 2 caught in the crossfire again1:15:57 - Can Xbox and PlayStation team up now?1:20:09 - What even is Xbox Play Anywhere?1:30:07 - What is going on with Keeper?1:40:18 - Lina Khan's victory lap1:47:58 - Xbox's response to the Game Pass price hike1:56:24 - Game Pass DLC discounts are done2:02:17 - Halo Combat Evolved Remake rumors2:16:46 - Coming soon to Xbox Game Pass2:20:29 - What We're Playing2:59:26 - Is Xbox hardware coming to an end?3:35:43 - The reason Game Pass hiked its prices3:56:22 - Xbox is reportedly adding a free tier for Cloud Gaming Learn more about your ad choices. Visit podcastchoices.com/adchoices
This week on my podcast, I’ve got the audio from last week’s Enshittification book-tour event with former FTC Chair Lina Khan at the Brooklyn Public Library (you can watch the video here). lI’ve got 24 more cities to go on the tour – I hope to see you at one (or more) of them! MP3
Dans cet épisode, l'équipe d'OVNI reçoit Hortense Goulard (Les Échos), fraîchement revenue de quatre ans à San Francisco. Elle raconte le basculement de la tech US du boom NFTs/métavers vers l'IA générative, l'ambiance très transactionnelle de la Valley, et ce que change concrètement le “être sur place” pour l'accès au capital, aux talents et à l'information. On parle choix d'implantation (San Francisco vs Valley vs New York/Boston), rythme de travail avec l'Europe, et réalités très pratiques (coworking, recrutement, salaires).Côté tendances, l'épisode plonge dans la “physical AI” (robots + IA), la défense devenue hype dans la Silicon Valley, et un quantique qui revient en force, tout en abordant souveraineté, semi-conducteurs (CHIPS Act, TSMC), et virages politico-réglementaires (Biden, Lina Khan/FTC, Trump). Hortense partage des conseils pour les fondateurs européens qui visent les US, des cas d'usage industriels (drones, maintenance, sécurité), et des sources à suivre (The Information, Platformer) pour garder une longueur d'avance.[00:00:00]: Introduction[00:01:00]: Retour d'Hortense des États-Unis[00:01:20]: France vs USA: ambiances et constats terrain[00:02:18]: San Francisco post-pandémie: centre-ville et SDF[00:02:47]: Le “bureau” des Echos à SF: coworking[00:03:26]: Salaire et coût de la vie à SF[00:03:38]: France “fin de Startup Nation” vs SF à fond[00:04:40]: Télétravail, retours à SF, Miami et Austin[00:05:37]: Faut-il être à SF pour la deeptech?[00:06:38]: Hubs sectoriels: LA, Denver, New York[00:07:04]: YC, Delaware, Texas, et la maison mère[00:08:01]: Défense: nécessité d'une entité américaine[00:09:22]: Culture du temps: ponctualité et rendez-vous courts[00:10:17]: Networking transactionnel et small talk à SF[00:11:40]: “Les Echos, le WSJ français” pour expliquer[00:12:27]: Vagues: NFTs, argent facile, puis licenciements[00:13:50]: Choc ChatGPT: bascule totale vers l'IA[00:16:58]: Curiosité US vs prudence européenne[00:18:36]: Indépendance éditoriale et sponsoring aux USA[00:20:09]: Mur pub/rédaction: grands médias vs influenceurs[00:20:41]: Washington Post, Bezos et la ligne éditoriale[00:22:48]: Réelle politique, Lina Khan et la FTC[00:23:53]: Entrepreneurs vs VCs; IPOs et M&A gelés[00:24:34]: Pourquoi la tech préfère Trump récemment[00:26:03]: Passage obligé par les USA pour scaler?[00:27:07]: IPO US, taille de marché et clients[00:28:17]: S'implanter: recrutements US et écueils[00:28:59]: New York ou San Francisco?[00:29:25]: Exceptions et hubs: Datadog, biotechs à Boston[00:30:41]: Recruter à SF: forte communauté européenne[00:31:40]: Souveraineté vs intérêt business, le débat[00:32:05]: Décalage horaire: routines et organisation[00:35:30]: Physical AI: robots qui comprennent et agissent[00:36:26]: Vision, action et interactions robotisées[00:36:41]: NVIDIA GTC: démos robots et débuts[00:37:32]: “Cerveau” universel pour robots, cas Boston Dynamics[00:38:12]: Infra IA robotique et présence européenne[00:39:33]: Entraînement virtuel et “Dull, Dirty, Dangerous”[00:42:00]: Le quantique coté, retour en force US[00:42:25]: Communications quantiques et navigation sans GPS[00:44:24]: Early stage: pourquoi préférer San Francisco[00:46:00]: Coliving d'entrepreneurs et scènes locales[00:46:27]: Défense: tabou levé et boom des investissements[00:47:12]: Palantir, milliardaires et réorientation des contrats[00:48:35]: DoD: filiale 100% US et contraintes[00:49:04]: Chips Act, relocalisation et souveraineté US[00:50:23]: TSMC Arizona: clashs culturels et Trump[00:51:05]: Europe et usines de puces, batteries[00:51:23]: OVNI doit-il s'installer à SF?[00:51:36]: Recommandation: s'établir à San Francisco[00:52:14]: Souveraineté vs meilleur produit pour clients[00:53:20]: Cloud, Patriot Act et données sensibles[00:56:46]: Platformer de Casey Newton conseillé[00:57:07]: Magma, tendances et souvenirs NFT[00:58:01]: Conclusion et remerciementsHébergé par Audiomeans. Visitez audiomeans.fr/politique-de-confidentialite pour plus d'informations.
Pablo welcomes back America's most feared (and respected) young watchdog for lessons in challenging the Steve Ballmers of the world — and real talk on how "dynamic pricing" is more like surveillance. Speaking of which, a certain New York City mayoral candidate (and long-suffering Arsenal fan) enters the chat to make his case for why FIFA shouldn't bully fans by algorithm, why we can't normalize inequality... and why billionaires shouldn't exist at all.• Previously on PTFO: Meet the Most Feared Person in Silicon Valley Hosted on Acast. See acast.com/privacy for more information.
Today's show:Jason heard Lina Khan on The Bulwark and got a little fired up.Plus Google doesn't have to invest in Chrome… or basically do much of anything… Atlassian picked up not just any browser company but THE Browser Company… Follow-up thoughts on that MIT “companies aren't using AI” study… AND Jason's “two stock markets” theory. It's a can't-miss Friday TWiST.Timestamps:(00:00) Sony responds to Kpop Demon Hunters success… but Jason's not buying it!(10:44) Sentry - New users get 3 months free of the Business plan (covers 150k errors). Go to http://sentry.io/twist and use code TWIST(11:10) Jason heard Lina Khan on The Bulwark and he has THOUGHTS(12:40) Google doesn't have to divest Chrome! So what ARE the remedies?(18:31) Atlassian's buying a browser company? Which one? THE Browser Company.(20:57) CLA - Get started with CLA's CPAs, consultants, and wealth advisors now at https://claconnect.com/tech(21:22) When early DPI is better than NO DPI.(26:58) AI that helps you GET a job?! What a twist!(29:46) Jason and Alex have questions about that MIT AI study…(30:57) Public - Take your investing to the next level with Public. Build a multi-asset portfolio and earn 4.1% APY on your cash—with no fees or minimums. Start now at public.com/twist.(32:07) More Browser News! Why Jason's bullish on Brave.(35:10) Perplexed by “Perplexity”: Jason's rules for domain names(39:54) The path is cleared for Polymarket's return to the US(47:06) Jason's “Two Stock Markets” theory(53:02) Mistral looking to raise 2 billion… euro!(56:08) Jason's political philosophy: More joy and happiness(59:18) Stripe's new stablecoin blockchain has no native token! So what's it for?(01:04:12) Jason's tips for lowering your churn rate(01:11:56) How to use Reddit to uncover pain pointsSubscribe to the TWiST500 newsletter: https://ticker.thisweekinstartups.comCheck out the TWIST500: https://www.twist500.comSubscribe to This Week in Startups on Apple: https://rb.gy/v19fcpFollow Lon:X: https://x.com/lonsFollow Alex:X: https://x.com/alexLinkedIn: https://www.linkedin.com/in/alexwilhelmFollow Jason:X: https://twitter.com/JasonLinkedIn: https://www.linkedin.com/in/jasoncalacanisThank you to our partners:(10:44) Sentry - New users get 3 months free of the Business plan (covers 150k errors). Go to http://sentry.io/twist and use code TWIST(20:57) CLA - Get started with CLA's CPAs, consultants, and wealth advisors now at https://claconnect.com/tech(30:57) Public - Take your investing to the next level with Public. Build a multi-asset portfolio and earn 4.1% APY on your cash—with no fees or minimums. Start now at public.com/twist.Great TWIST interviews: Will Guidara, Eoghan McCabe, Steve Huffman, Brian Chesky, Bob Moesta, Aaron Levie, Sophia Amoruso, Reid Hoffman, Frank Slootman, Billy McFarlandCheck out Jason's suite of newsletters: https://substack.com/@calacanisFollow TWiST:Twitter: https://twitter.com/TWiStartupsYouTube: https://www.youtube.com/thisweekinInstagram: https://www.instagram.com/thisweekinstartupsTikTok: https://www.tiktok.com/@thisweekinstartupsSubstack: https://twistartups.substack.comSubscribe to the Founder University Podcast: https://www.youtube.com/@founderuniversity1916
The economic populists at the Nat Con conference may be talking a lot about elites screwing over the little guy, but the Trump administration itself has been catastrophic for working people—its policies are all about doing special favors for elite interests. And while many loud voices in Silicon Valley cursed the Biden administration for blocking some deals, other start-ups appreciated the efforts to try to level the playing field against the tech giants. Plus, a response to Jason Calacanis, how Dems can shake off their elite vibes, and resisting the temptation to run for office. Former FTC chair Lina Khan joins Tim Miller. show notes Tim's interview last month with Jason Calacanis This week's TNL Bulwark Live in DC and NYC at TheBulwark.com/events. Toronto is SOLD OUT For a limited time only, get 60% off your first order PLUS free shipping when you head to Smalls.com/THEBULWARK.
UnHerd's US Editor Sohrab Ahmari interviews former Federal Trade Commission Chair Lina Khan. As head of the Biden FTC, Khan shook up decades of corporate deference — suing Big Tech, targeting drug middlemen, and reviving antitrust enforcement.In this conversation, she reflects on the collapse of the brief “post-neoliberal” consensus, warning that corporations now use both woke and anti-woke rhetoric to shield their power, while Trump's return has revived old patterns of lobbyist capture and green-lit mega-mergers.Can Democrats truly embrace economic populism? Was the populist moment just a mirage? And is antitrust still America's frontline battle against monopoly power? Hosted on Acast. See acast.com/privacy for more information.
For decades, private equity has been the darling of pension funds, university endowments, and sovereign wealth funds, promising high returns and low volatility. Now, President Donald Trump has made it possible for everyday investors to get in on the magic with his executive order, "Democratizing Access to Alternative Assets for 401(k) Investors.” The order relieves regulatory burdens that limit the access of defined contribution plans, like 401(k)s, to alternative assets such as private equity (but also cryptocurrency and real estate). The hope is to give American workers access to greater choice, diversification, and potential growth towards a comfortable retirement.But Trump's order comes just as longstanding questions about private equity's promise of high returns and low risk are coming to the fore. Has the distribution of returns slowed to a trickle? What does data actually say about private equity's performance, and where is the industry headed? There is also a long standing debate whether private equity is good for society, independent of financial returns.Is private equity actually a ponzi scheme that now threatens the retirements of millions of American workers? To make sense of it all, Luigi and Bethany are joined by Dan Rasmussen, an experienced investor and author who began his career in private equity but has emerged as one of the most prescient critics of the industry. Together, the three of them distill what the state of the industry means for the future welfare of investors, workers, and the American economy as a whole.Bonus: Check out ProMarket's recent series on the impact of private equity in the health care industry.
Today's show:We're back with another all-star VC roundtable discussion.Joining Jason are Dave McClure of Practical VC, NVNG's Grady Buchanan, and Tomasz Tunguz of Theory VC. Together, they're having a deep insider discussion of the state of venture, secondary markets, running funds of funds, the legacy of Lina Khan, the difficulty of recruiting, and why the pendulum has potentially swung in founders' favor.Timestamps(0:00) INTRO, The origins of Practical VC and how secondary funds work.(05:44) So… how does Dave decide what to BUY?(09:27) Melanie - Companies are staying private longer… Is this good for fund managers?(10:02) Squarespace - Use offer code TWIST to save 10% off your first purchase of a website or domain at https://www.Squarespace.com/TWIST(11:18) Show Continues…(14:17) We've all heard about unicorns but… what about centaurs?!(16:19) Jacob - Are VC marks… bullsh*t?! How long until your LPs should see DPI? The panel debates.(17:22) Jacob - Is Jason too hard on Lina Khan? Dave says VCs created the problem!(20:07) AWS Activate - AWS Activate helps startups bring their ideas to life. Apply to AWS Activate today to learn more. Visit aws.amazon.com/startups/credits(21:30) Show Continues…(30:01) Public - Take your investing to the next level with Public. Build a multi-asset portfolio and earn 4.1% APY on your cash—with no fees or minimums. Start now at public.com/twist.(31:16) Show Continues…(31:34) When it's time to embed an expert into a struggling startup(34:15) How investing in SO MANY COMPANIES gave Dave a trove of data(40:33) Sometimes VCs have to be the “voice of reality”…(45:53) Are stock buybacks the best use of capital?(49:29) Jacob - The End of the ZIRP Era meets the Dawn of the AI Era(51:04) Why running your business on debt, not equity, requires tough choices(58:23) When you need to “take the medicine” on returns and live to fight another day.(01:11:17) Is Grady actively seeking managers that have shown a demonstrated ability to produce liquidity?(01:13:24) Dave says the pendulum has swung into founders' favor.(01:20:25) Dave teases his new secondary podcast, “Trading Places”!Subscribe to the TWiST500 newsletter: https://ticker.thisweekinstartups.comCheck out the TWIST500: https://www.twist500.comSubscribe to This Week in Startups on Apple: https://rb.gy/v19fcpFollow Lon:X: https://x.com/lonsFollow Alex:X: https://x.com/alexLinkedIn: https://www.linkedin.com/in/alexwilhelmFollow Jason:X: https://twitter.com/JasonLinkedIn: https://www.linkedin.com/in/jasoncalacanisThank you to our partners:(10:02) Squarespace - Use offer code TWIST to save 10% off your first purchase of a website or domain at https://www.Squarespace.com/TWIST(20:07) AWS Activate - AWS Activate helps startups bring their ideas to life. Apply to AWS Activate today to learn more. Visit aws.amazon.com/startups/credits(30:01) Public - Take your investing to the next level with Public. Build a multi-asset portfolio and earn 4.1% APY on your cash—with no fees or minimums. Start now at public.com/twist.Great TWIST interviews: Will Guidara, Eoghan McCabe, Steve Huffman, Brian Chesky, Bob Moesta, Aaron Levie, Sophia Amoruso, Reid Hoffman, Frank Slootman, Billy McFarlandCheck out Jason's suite of newsletters: https://substack.com/@calacanisFollow TWiST:Twitter: https://twitter.com/TWiStartupsYouTube: https://www.youtube.com/thisweekinInstagram: https://www.instagram.com/thisweekinstartupsTikTok: https://www.tiktok.com/@thisweekinstartupsSubstack: https://twistartups.substack.comSubscribe to the Founder University Podcast: https://www.youtube.com/@founderuniversity1916
Today's show:Jason and Alex are running down the biggest tech, startup, and business stories of the day on a brand-new Monday TWIST.Which countries are leading the AI race, based on academic papers? Why Jason thinks covert agencies are spying on Meta's superintelligence team. Lina Khan's taking a victory lap on the Figma IPO but what did she REALLY accomplish during her Biden administration tenure? PLUS, why we're bringing Founder University to the MENA region.All that and MORE on a packed episode! Find out why we're the #1 podcast for startups and founders.Timestamps:(0:00) Why Jason is attending more TV poker tournaments(4:02) Did you know Founder University is headed to MENA? Calling all Riyadh founders.(10:01) Squarespace - Use offer code TWIST to save 10% off your first purchase of a website or domain at https://www.Squarespace.com/TWIST(11:27) Show Continues…(19:52) Oracle - Try OCI and save up to 50% on your cloud bill at https://www.oracle.com/twist(21:01) Why Jason doesn't think Lina Khan deserves her Figma IPO victory lap.(23:17) Jason thinks Figma is overpriced: how quickly could a rival build a competitor?(27:53) For an investor, there's a huge difference between a home run and a GRAND SLAM.(30:42) Monarch Money - Get 50% Off Monarch Money, the all-in-one financial tool at www.monarchmoney.com/TWIST(31:55) Show Continues…(40:59) Why Jason thinks covert agencies are spying on Meta's global Superintelligence Team…(50:43) Which countries are leading the AI race in terms of research? Producer Claude helps with the answer.(57:12) Fact-checking the viral BYD TikTok: can their self-driving cars really drive themselves off the ship?(59:52) Jason and Alex check out some of their dream carsSubscribe to the TWiST500 newsletter: https://ticker.thisweekinstartups.comCheck out the TWIST500: https://www.twist500.comSubscribe to This Week in Startups on Apple: https://rb.gy/v19fcpFollow Lon:X: https://x.com/lonsFollow Alex:X: https://x.com/alexLinkedIn: https://www.linkedin.com/in/alexwilhelmFollow Jason:X: https://twitter.com/JasonLinkedIn: https://www.linkedin.com/in/jasoncalacanisThank you to our partners:10:01) Squarespace - Use offer code TWIST to save 10% off your first purchase of a website or domain at https://www.Squarespace.com/TWIST(19:52) Oracle - Try OCI and save up to 50% on your cloud bill at https://www.oracle.com/twist(30:42) Monarch Money - Get 50% Off Monarch Money, the all-in-one financial tool at www.monarchmoney.com/TWISTGreat TWIST interviews: Will Guidara, Eoghan McCabe, Steve Huffman, Brian Chesky, Bob Moesta, Aaron Levie, Sophia Amoruso, Reid Hoffman, Frank Slootman, Billy McFarlandCheck out Jason's suite of newsletters: https://substack.com/@calacanisFollow TWiST:Twitter: https://twitter.com/TWiStartupsYouTube: https://www.youtube.com/thisweekinInstagram: https://www.instagram.com/thisweekinstartupsTikTok: https://www.tiktok.com/@thisweekinstartupsSubstack: https://twistartups.substack.comSubscribe to the Founder University Podcast: https://www.youtube.com/@founderuniversity1916
Join our Patreon for extra-long episodes and ad-free content: https://www.patreon.com/techishThis week on Techish, host Michael Berhane teams up with TechCrunch reporter Dominic-Madori Davis to unpack how AI is shaking up the fashion and film industries. They also cover Vinod Khosla's take on ditching traditional careers, Figma's IPO, why former FCC chair Lina Khan's feels vindicated, and why Apple is in need of a shake-up. And for our Patreon listeners: could the UK's new Online Safety Act spell the end of free speech?Chapters00:36 Guess's AI Model in Vogue Sparks Backlash08:17 Billionaire Investor Says Ditch the Idea of a Fixed Career13:21 Figma Goes Public 20:10 Is It Time for Tim Cook to Step Down?27:05 The UK's Online Safety Act: The End of Free Speech? [Patreon-Only]Follow Dom on Instagram (@dominicmadori) and subscribe to her Substack, The Black Cat. Extra Reading & ResourcesThe Brutalist and Emilia Perez's voice-cloning controversies make AI the new awards season battleground [The Guardian] Amazon's Alexa Fund Invests in ‘Netflix of AI' Start-Up Fable, Which Launches Showrunner: A Tool for User-Directed TV Shows [Variety]Vinod Khosla says young people should plan their careers for flexibility instead of one profession [Business Insider, $] Lina Khan points to Figma IPO as vindication of M&A scrutiny [TechCrunch] Support the show————————————————————Join our Patreon for extra-long episodes and ad-free content: https://www.patreon.com/techish Watch us on YouTube: https://www.youtube.com/@techishpod/Advertise on Techish: https://goo.gl/forms/MY0F79gkRG6Jp8dJ2———————————————————— Stay in touch with the hashtag #Techishhttps://www.instagram.com/techishpod/https://www.instagram.com/abadesi/https://www.instagram.com/michaelberhane_/ https://www.instagram.com/hustlecrewlive/https://www.instagram.com/pocintech/Email us at techishpod@gmail.com
Chuck Todd begins with the growing firestorm surrounding President Donad Trump's decision to withhold the Epstein files and why his behavior is only adding to the suspicion. He explains why Epstein is a central figure to the QAnon conspiracy many Trump supporters subscribe to, and why Trump's continued dismissals of a theory he has fed for years will only further fracture his base and prolong the outrage over his broken promise to release all the files.Then, Chuck is joined by formal FTC Chair Lina Khan to reflect on her transformative tenure leading the Federal Trade Commission and the critical battles she fought against corporate monopolization. Khan discusses how the concentration of corporate power today mirrors the early 20th century, exploring whether capitalism itself is failing as tech giants like Google and Amazon wield unprecedented control over commerce, media distribution, and information flow. She delves into the surveillance economy that has emerged from companies monetizing user data, the regulatory challenges posed by AI development, and controversial practices like surveillance pricing and non-compete agreements that trap both consumers and workers.Khan also addresses the structural limitations of the FTC, noting how the agency is too small for its ambitious mission, while highlighting unexpected bipartisan support from the populist right for her antitrust work. The conversation covers her efforts to tackle everything from pharmacy benefit managers and subscription cancellation difficulties to the urgent need for algorithm regulation, particularly for content affecting children. As she prepares to leave the FTC, Khan reflects on the media's focus on markets rather than the broader economy, the ongoing fight for data privacy rights, and the "ferocious pushback" lawmakers face when challenging powerful corporate interests, offering practical advice for consumers seeking to protect their privacy in an increasingly surveilled digital landscape.Finally, Chuck shares his experience of discovering that Google's Gemini AI claims that he was diagnosed with Parkinson's disease… which is not true. Timeline:(Timestamps may vary based on advertisements)00:00 Introduction01:30 Seemed like Trump would fire Jay Powell to distract from Epstein03:30 Markets reacted badly to potential firing of Powell04:15 Trump attacks his own supporters over Epstein06:15 “Hoax” is Trumpspeak for not having a good explanation08:00 Trump's behavior is creating more suspicion11:30 Most Epstein associates probably just looked the other way12:30 The more defiant Trump sounds, the more guilty he looks13:15 Most right wing media has fallen in line behind Trump14:15 Michael Flynn is the pope of QAnon, and is expressing doubts16:45 The central tenet of QAnon is the idea of an elite pedophile cabal18:15 If Trump says it's a hoax, it knocks down the foundational pillar of Qanon19:00 Epstein became the face of the conspiracy20:30 Trump and his associates have fed the conspiracy theorists for years22:00 If they had evidence of crimes, they would have brought charges23:45 This could be the moment Trump supporters finally feel conned25:15 Trump's age is showing, possible health issue they won't disclose28:00 You can't trust any press release the administration puts out29:30 Trump won't get out of the Epstein debacle unscathed31:15 Lina Khan joins the Chuck ToddCast! 32:15 Lina's path to becoming the FTC chair 34:15 Concentration of corporate power is similar to the early 20th century 37:15 Is capitalism failing? 39:00 Large corporations control the distribution of media and information 40:15 Will the consolidation of power destroy the media ecosystem? 42:00 Google and Amazon have enormous power over commerce 43:00 Why are users forced to give up their data in order to use a product? 43:45 Companies monetized by surveilling users 45:15 South Park perfectly parodied the concept of "Terms and Conditions" 46:30 Making the same regulatory mistakes with AI that we did with social media? 47:45 The barrier to entry to starting an AI company is very high 48:45 Collected data is being used for surveillance pricing 49:30 Is the FTC set up to be proactive or reactive? 50:30 Non-compete agreements are being used to trap employees 51:30 The FTC is too small for its mission 52:15 The populist right supported Lina's work at FTC 54:15 Can independent pharmacists survive in this market? 55:45 Why do pharmacy benefit managers exist? 57:30 What cases that she pursued has the FTC continued to ligitage? 59:45 Subscriptions are incredibly difficult to cancel 1:01:00 Companies have made subscriptions their business model 1:03:45 How do you make the public aware of your work at the FTC? 1:06:15 The media covers markets rather than the economy 1:08:30 Who is regulating algorithms? 1:09:45 There's a massive need for regulating algorithms that affect kids 1:11:00 Will we ever get a data "bill of rights" or more individual control over data? 1:12:30 Some data should be off limits for monetization 1:14:00 Apple store's "Ask Not To Track" setting made a positive difference 1:15:00 Younger users are more comfortable with giving up their data 1:16:15 Lawmakers face ferocious pushback and lobbying 1:16:45 Best ways for consumers to protect their privacy 1:18:15 What's next for Lina?1:19:45 Google AI search says Chuck has Parkinson's disease… he doesn't 1:22:45 The AI confused Chuck with a man named Todd in Florida 1:23:45 AI tools have been trained on the garbage saved on the internet 1:24:45 AI still has terrible flaws based on the data it trains on 1:26:15 The dragnet approach to AI can cause people real problems 1:27:30 AI products are half baked when released to the public 1:28:45 Ask Chuck 1:29:15 Why didn't the administration deport criminal migrants already in prison? 1:30:45 Thoughts on 18 year term limits?
Until recently, Lina Khan was the chair of the Federal Trade Commission. Under her leadership, the FTC went after the anti-competitive tactics of tech giants, finalized rules to ban non-compete clauses, enforced the right to repair, and even took on ever-loathsome junk fees. Despite the limit resources of her department, Chair Khan made such undeniable strides in improving the lives of everyday Americans that even notable hardlined MAGA Republicans like Steve Bannon seemed to support her. Though Trump's second term meant the end of her time with the FTC, it feels like what she accomplished is potentially the start of something bigger. This week, Adam is rejoined by Former FTC Chair Lina Khan to discuss the groundswell of support for anti-corporate legislation and what comes next for corporate power in America.SUPPORT THE SHOW ON PATREON: https://www.patreon.com/adamconoverSEE ADAM ON TOUR: https://www.adamconover.net/tourdates/SUBSCRIBE to and RATE Factually! on:» Apple Podcasts: https://podcasts.apple.com/us/podcast/factually-with-adam-conover/id1463460577» Spotify: https://open.spotify.com/show/0fK8WJw4ffMc2NWydBlDyJAbout Headgum: Headgum is an LA & NY-based podcast network creating premium podcasts with the funniest, most engaging voices in comedy to achieve one goal: Making our audience and ourselves laugh. Listen to our shows at https://www.headgum.com.» SUBSCRIBE to Headgum: https://www.youtube.com/c/HeadGum?sub_confirmation=1» FOLLOW us on Twitter: http://twitter.com/headgum» FOLLOW us on Instagram: https://instagram.com/headgum/» FOLLOW us on TikTok: https://www.tiktok.com/@headgum» Advertise on Factually! via Gumball.fmSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
We begin on a positive note by welcoming a “doer,” citizen extraordinaire, Jon Merryman, who couldn't stand the trash, especially old tires, being dumped in his neighborhood. So, he took it upon himself to clean it up and has now expanded his efforts across the country. Then co-president of Public Citizen, Robert Weissman, joins us to explain how spending in the recent bill passed by the Republican controlled Congress prioritizes the Pentagon and deportation enforcement at the expense of the social safety net, essentially trading life for death.Jon Merryman was a software designer at Lockheed Martin, who after retiring found his true calling, cleaning up trash in every county in America.When I first started looking at the environment next to my place of work, one of the things I did uncover was tires. And they were definitely there from the '20s, the '30s, and the '40s, they've been there for decades. And then just after a while, the soil and the erosion just covers them up. And you just discover them, and you realize this has been going on forever.Jon MerrymanNature is innocent. It really doesn't deserve what we've given it. And I feel like someone's got to step up to undo what we've done.Jon MerrymanRobert Weissman is a staunch public interest advocate and activist, as well as an expert on a wide variety of issues ranging from corporate accountability and government transparency to trade and globalization, to economic and regulatory policy. As the Co-President of Public Citizen, he has spearheaded the effort to loosen the chokehold corporations, and the wealthy have over our democracy.The best estimates are that the loss of insurance and measures in this bill will cost 40,000 lives every year. Not once. Every year.Robert Weissman co-president of Public Citizen on the Budget BillPeople understand there's a rigged system. They understand that generally. They understand that with healthcare. But if you (the Democrats) don't name the health insurance companies as an enemy, as a barrier towards moving forward. You don't say United Health; you don't go after a Big Pharma, which is probably the most despised health sector in the economy, people don't think you're serious. And partially it's because you're not.Robert WeissmanNews 7/11/251. This week, the Financial Times published a stunning story showing the Tony Blair Institute – founded by the former New Labour British Prime Minister and Iraq War accomplice Tony Blair – “participated” in a project to “reimagine Gaza as a thriving trading hub.” This project would include a “Trump Riviera” and an “Elon Musk Smart Manufacturing Zone”. To accomplish this, the investors would pay half a million Palestinians to leave Gaza to open the enclave up for development – and that is just the tip of the harebrained iceberg. This scheme would also involve creating “artificial islands off the coast akin to those in Dubai, blockchain-based trade initiatives…and low-tax ‘special economic zones'.” The development of this plot is somewhat shadowy. The FT story names a, “group of Israeli businessmen…including tech investor Liran Tancman and venture capitalist Michael Eisenberg,” who helped establish the Gaza Humanitarian Foundation in February 2025. GHF has been accused of using supposed aid distribution sites as “death traps,” per France 24. Boston Consulting Group, also named in the FT story, strongly disavowed the project, as did the Tony Blair Institute.2. In more positive news related to Gaza, the National Education Association – the largest labor union in the United States – voted this week to sever ties with the Anti-Defamation League. The ADL, once an important group safeguarding the civil rights and wellbeing of American Jews, has completely abandoned its historic mission and has instead devoted its considerable resources to trying to crush the anti-Zionist movement. The NEA passed a resolution stating that the NEA “will not use, endorse, or publicize materials from the Anti-Defamation League (ADL), such as its curricular materials or statistics,” because, “Despite its reputation as a civil rights organization, the ADL is not the social justice educational partner it claims to be.” Labor Notes writes that the ADL “has been a ubiquitous presence in U.S. schools for forty years, pushing curriculum, direct programming, and teacher training into K-12 schools and increasingly into universities.” One NEA delegate, Stephen Siegel, said from the assembly floor, “Allowing the ADL to determine what constitutes antisemitism would be like allowing the fossil fuel industry to determine what constitutes climate change.”3. Another major labor story from this week concerns sanitation workers in Philadelphia. According to the Delaware News Journal, AFSCME District Council 33 has reached a deal with the city to raise wages for their 9,000 workers by 9% over three years. The union went on strike July 1st, resulting in, “massive piles of trash piling up on city streets and around trash drop-off sites designated by the city,” and “changes to the city's annual Fourth of July concert with headliner LL Cool J and city native Jazmine Sullivan both dropping out,” in solidarity with the striking workers, per WHYY. The deal reached is a major compromise for the union, which was seeking a 32% total pay increase, but they held off on an extended trash pickup strike equivalent to 1986 strike, which went on for three weeks and left 45,000 tons of rotting garbage in the streets, per ABC.4. Yet another labor story brings us to New York City. ABC7 reports the United Federation of Teachers has endorsed Democratic Socialist – and Democratic Party nominee – Zohran Mamdani for mayor. This report notes “UFT is the city's second largest union…[with] 200,000 members.” Announcing the endorsement, UFT President Michael Mulgrew stated, “This is a real crisis and it's a moment for our city, and our city is starting to speak out very loudly…The voters are saying the same thing, 'enough is enough.' The income gap disparity is above…that which we saw during the Gilded Age." All eyes now turn to District Council 37, which ABC7 notes “endorsed Council speaker Adrienne Adams in the primary and has yet to endorse in the general election.”5. The margin of Mamdani's victory, meanwhile, continues to grow as the Board of Elections updates its ranked choice voting tallies. According to the conservative New York Post, Zohran has “won more votes than any other mayoral candidate in New York City primary election history.” Mamdani can now boast having won over 565,000 votes after 102,000 votes were transferred from other candidates. Not only that, “Mamdani's totals are expected to grow as…a small percent of ballots are still being counted.”6. Meanwhile, scandal-ridden incumbent New York City Mayor Eric Adams has yet another scandal on his hands. The New York Daily News reports, “Four high-ranking former NYPD chiefs are suing Mayor Adams, claiming they were forced to retire from the department after complaining that his ‘unqualified' friends were being placed in prestigious police positions, sometimes after allegedly bribing their way into the jobs.” Former Police Commissioner Edward Caban, who was already forced to resign in disgrace amidst a federal corruption investigation, features prominently in this new lawsuit. Among other things, Caban is alleged to have been “selling promotions” to cops for up to $15,000. Adams is running for reelection as an independent, but trails Democratic nominee Zohran Mamdani and disgraced former Governor Andrew Cuomo.7. Turning to the federal government, as the U.S. disinvests in science and technology, a new report published in the Financial Times finds that, “Almost three-quarters of all solar and wind power projects being built globally are in China.” According to the data, gathered by Global Energy Monitor, “China is building 510 gigawatts of utility-scale solar and wind projects… [out of] 689GW under construction globally.” As this report notes, one gigawatt can potentially supply electricity for about one million homes. This report goes on to say that, “China is expected to add at least 246.5GW of solar and 97.7GW of wind this year,” on top of the “1.5 terawatts of solar and wind power capacity up and running as of the end of March.” In the first quarter of 2025, solar and wind accounted for 22.5% of China's total electricity consumption; in 2023, solar and wind accounted for around 14% of electricity consumption in the United States, according to the U.S. Energy Information Administration.8. Developments this week put two key rules promulgated by the Federal Trade Commission under former Chair Lina Khan in jeopardy. First and worse, NPR reports the Republican-controlled FTC is abandoning a rule which would have banned non-compete clauses in employment contracts. These anti-worker provisions “trap workers and depress wages,” according to Connecticut Senator Chris Murphy, who has introduced legislation to ban them by statute. Perhaps more irritatingly however, Reuters reports the 8th U.S. Circuit Court of Appeals in St. Louis has blocked the so-called “click to cancel” rule just days before it was set to take effect. This rule would have, “required retailers, gyms and other businesses to provide cancellation methods for subscriptions, auto-renewals and free trials that convert to paid memberships that are ‘at least as easy to use' as the sign up process.” A coalition of corporate interests sued to block the rule, including the U.S. Chamber of Commerce and a trade group representing major cable and internet providers such as Charter Communications, Comcast and Cox Communications along with media companies like Disney and Warner Bros. Discovery. Lina Khan decried “Firms…making people jump through endless hoops just to cancel a subscription, trapping Americans in needless bureaucracy and wasting their time & money.”9. In another betrayal of consumers, Secretary of Health and Human Services Robert F. Kennedy Jr. continues to break promises and speak out of both sides of his mouth. A new report in NPR documents RFK Jr. speaking at a conference in April, where he “spoke about the health effects of exposure to harmful chemicals in our food, air and water…[and] cited recent research on microplastics from researchers in Oregon, finding these tiny particles had shown up in 99% of the seafood they sampled.” Yet Susanne Brander, the author of the study, had gotten word just an hour earlier that “a federal grant she'd relied on to fund her research for years…was being terminated.” Brander is quoted saying "It feels like they are promoting the field while ripping out the foundation." Ripping out the foundation of this research is felt acutely, as “regulators are weakening safeguards that limit pollution and other toxic chemicals.” So Mr. Secretary, which is more important – stopping the proliferation of microplastics or slashing funding for the very scientists studying the issue?10. Finally, in Los Angeles masked federal troops are marauding through the streets on horseback, sowing terror through immigrant communities, per the New York Times. President Trump mobilized approximately 4,000 National Guard members – putting them under federal control – alongside 700 Marines in response to protests against immigration raids in June. As the Times notes, “It has been more than three weeks since the last major demonstration in downtown Los Angeles,” but the federal forces have not been demobilized. While some have dismissed the shows of force as nothing more than stunts designed to fire up the president's base, Gregory Bovino, a Customs and Border Protection chief in Southern California told Fox News “[LA] Better get used to us now, cause this is going to be normal very soon.” As LA Mayor Karen Bass put it, “What I saw…looked like a city under siege, under armed occupation…It's the way a city looks before a coup.”This has been Francesco DeSantis, with In Case You Haven't Heard. Get full access to Ralph Nader Radio Hour at www.ralphnaderradiohour.com/subscribe
Google's monopoly in online search was recently adjudicated by a federal court. There is also an ongoing FTC case against Meta for anti-competitive behaviors involving Instagram and WhatsApp acquisitions. What are the legal and commercial dynamics of these key antitrust cases, and what is the broader impact on the market? Lina Khan is an associate professor of law at Columbia University and a former FTC Chair. She joined Errol Louis to explain the legal principles behind maintaining market competition, historical antitrust cases and potential remedies, including the divestiture of Chrome and business model adjustments. They also discussed the broader implications of monopoly power, Amazon's dominance, privacy concerns and the bipartisan support for antitrust enforcement.
Is the key to freedom a life without Amazon? This week, Ross talks to Lina Khan, former Chair of the Federal Trade Commission about how unchecked corporate power has limited choice in our day-to-day lives, and how her fight against Big Tech unites left and right.02:41 - What's wrong with big business?09:27 - The political costs of corporate consolidation11:39 - How the 2008 financial crisis shaped Lina Khan's philosophy17:49 - The antitrust consensus from Reagan to Obama21:54 - How the left and right align against big business 26:12 - Khan's wins and losses at the FTC 36:53 - Is the Trump administration embracing or rejecting Khan's vision?42:32 - Is anti-monopoly policy the solution to our economic problems?48:38 - Can Big Tech be broken up?(A full transcript of this episode is available on the Times website.) Thoughts? Email us at interestingtimes@nytimes.com. Unlock full access to New York Times podcasts and explore everything from politics to pop culture. Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify.
Lina Khan has inspired an unusually bipartisan coalition of allies — and antagonists. As chair of the Federal Trade Commission, she became known as the most hated regulator on Wall Street. As too principled for Donald Trump and Elon Musk. Too bold for Ticketmaster and the NCAA. But Khan isn't done taking on the corporate class — or finding strange bedfellows like Steve Bannon and Michael Jordan. Can her alleged "hipster anti-trust" movement inspire a "standing army" for the people? And could she be our next Supreme Court justice? Learn more about your ad choices. Visit podcastchoices.com/adchoices
Lina Khan has inspired an unusually bipartisan coalition of allies — and antagonists. As chair of the Federal Trade Commission, she became known as the most hated regulator on Wall Street. As too principled for Donald Trump and Elon Musk. Too bold for Ticketmaster and the NCAA. But Khan isn't done taking on the corporate class — or finding strange bedfellows like Steve Bannon and Michael Jordan. Can her alleged "hipster anti-trust" movement inspire a "standing army" for the people? And could she be our next Supreme Court justice? Hosted on Acast. See acast.com/privacy for more information.
Lina Khan has inspired an unusually bipartisan coalition of allies — and antagonists. As chair of the Federal Trade Commission, she became known as the most hated regulator on Wall Street. As too principled for Donald Trump and Elon Musk. Too bold for Ticketmaster and the NCAA. But Khan isn't done taking on the corporate class — or finding strange bedfellows like Steve Bannon and Michael Jordan. Can her alleged "hipster anti-trust" movement inspire a "standing army" for the people? And could she be our next Supreme Court justice? Learn more about your ad choices. Visit podcastchoices.com/adchoices
Hey everyone, it's Nilay. Decoder is on a short summer break right now, but we'll be back starting June 23 with new episodes, and we're very excited for what we have on the schedule. In the meantime, we have an episode from the excellent podcast Stay Tuned with Preet, with host and former U.S. Attorney Preet Bharara. Last month, Preet sat down with former FTC Chair Lina Khan for a pretty high-level discussion about antitrust, monopoly power, and the ongoing shift from both political parties in the United States toward more aggressive, bipartisan regulation of Big Tech. I think you'll find it really interesting. Links: Stay Tuned with Preet | Apple Podcasts Google loses ad tech monopoly case | Verge Judge greenlights FTC's antitrust suit against Amazon | Verge Judge rules that Google ‘is a monopolist' in US antitrust case | Verge Illegally fired FTC commissioners on Meta, bribes, and fighting for privacy | Decoder The case for breaking up Google has never been stronger | Decoder DOJ antitrust chief is ‘overjoyed' after Google monopoly verdict | Decoder DOJ's Kanter says the antitrust fight against Big Tech is just beginning | Decoder Credits: Decoder is a production of The Verge and part of the Vox Media Podcast Network. Our producers are Kate Cox and Nick Statt. Our editor is Ursa Wright. The Decoder music is by Breakmaster Cylinder Learn more about your ad choices. Visit podcastchoices.com/adchoices
Why should any of us care about monopolies? Lina Khan, the youngest-ever chair of the Federal Trade Commission, joins Preet to discuss the real-world impact of monopoly power, the surprising bipartisan support for antitrust enforcement, and her rapid rise to prominence after publishing a groundbreaking paper on Amazon's business practices during law school. Plus, Preet answers questions about the qualifications to become Surgeon General, Kid Rock's restaurant, and Bruce Springsteen. Join the Insider community to stay informed without the hysteria, fear-mongering, or rage-baiting. Sign up on our website, or find us on Substack. Thank you for supporting our work. Show notes and a transcript of the episode are available on our website. You can now watch this episode! Head to the Stay Tuned Youtube channel and subscribe. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Why should any of us care about monopolies? Lina Khan, the youngest-ever chair of the Federal Trade Commission, joins Preet to discuss the real-world impact of monopoly power, the surprising bipartisan support for antitrust enforcement, and her rapid rise to prominence after publishing a groundbreaking paper on Amazon's business practices during law school. Plus, Preet answers questions about the qualifications to become Surgeon General, Kid Rock's restaurant, and Bruce Springsteen. Join the Insider community to stay informed without the hysteria, fear-mongering, or rage-baiting. Sign up on our website, or find us on Substack. Thank you for supporting our work. Show notes and a transcript of the episode are available on our website. You can now watch this episode! Head to the Stay Tuned Youtube channel and subscribe. Have a question for Preet? Ask @PreetBharara on BlueSky, or Twitter with the hashtag #AskPreet. Email us at staytuned@cafe.com, or call 833-99-PREET to leave a voicemail. Stay Tuned with Preet is brought to you by CAFE and the Vox Media Podcast Network. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Yesterday, the self-styled San Francisco “progressive” Joan Williams was on the show arguing that Democrats need to relearn the language of the American working class. But, as some of you have noted, Williams seems oblivious to the fact that politics is about more than simply aping other people's language. What you say matters, and the language of American working class, like all industrial working classes, is rooted in a critique of capitalism. She should probably read the New Yorker staff writer John Cassidy's excellent new book, Capitalism and its Critics, which traces capitalism's evolution and criticism from the East India Company through modern times. He defines capitalism as production for profit by privately-owned companies in markets, encompassing various forms from Chinese state capitalism to hyper-globalization. The book examines capitalism's most articulate critics including the Luddites, Marx, Engels, Thomas Carlisle, Adam Smith, Rosa Luxemburg, Keynes & Hayek, and contemporary figures like Sylvia Federici and Thomas Piketty. Cassidy explores how major economists were often critics of their era's dominant capitalist model, and untangles capitalism's complicated relationship with colonialism, slavery and AI which he regards as a potentially unprecedented economic disruption. This should be essential listening for all Democrats seeking to reinvent a post Biden-Harris party and message. 5 key takeaways* Capitalism has many forms - From Chinese state capitalism to Keynesian managed capitalism to hyper-globalization, all fitting the basic definition of production for profit by privately-owned companies in markets.* Great economists are typically critics - Smith criticized mercantile capitalism, Keynes critiqued laissez-faire capitalism, and Hayek/Friedman opposed managed capitalism. Each generation's leading economists challenge their era's dominant model.* Modern corporate structure has deep roots - The East India Company was essentially a modern multinational corporation with headquarters, board of directors, stockholders, and even a private army - showing capitalism's organizational continuity across centuries.* Capitalism is intertwined with colonialism and slavery - Industrial capitalism was built on pre-existing colonial and slave systems, particularly through the cotton industry and plantation economies.* AI represents a potentially unprecedented disruption - Unlike previous technological waves, AI may substitute rather than complement human labor on a massive scale, potentially creating political backlash exceeding even the "China shock" that contributed to Trump's rise.Keen On America is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber. Full TranscriptAndrew Keen: Hello, everybody. A couple of days ago, we did a show with Joan Williams. She has a new book out, "Outclassed: How the Left Lost the Working Class and How to Win Them Back." A book about language, about how to talk to the American working class. She also had a piece in Jacobin Magazine, an anti-capitalist magazine, about how the left needs to speak to what she calls average American values. We talked, of course, about Bernie Sanders and AOC and their language of fighting oligarchy, and the New York Times followed that up with "The Enduring Power of Anti-Capitalism in American Politics."But of course, that brings the question: what exactly is capitalism? I did a little bit of research. We can find definitions of capitalism from AI, from Wikipedia, even from online dictionaries, but I thought we might do a little better than relying on Wikipedia and come to a man who's given capitalism and its critics a great deal of thought. John Cassidy is well known as a staff writer at The New Yorker. He's the author of a wonderful book, the best book, actually, on the dot-com insanity. And his new book, "Capitalism and its Critics," is out this week. John, congratulations on the book.So I've got to be a bit of a schoolmaster with you, John, and get some definitions first. What exactly is capitalism before we get to criticism of it?John Cassidy: Yeah, I mean, it's a very good question, Andrew. Obviously, through the decades, even the centuries, there have been many different definitions of the term capitalism and there are different types of capitalism. To not be sort of too ideological about it, the working definition I use is basically production for profit—that could be production of goods or mostly in the new and, you know, in today's economy, production of services—for profit by companies which are privately owned in markets. That's a very sort of all-encompassing definition.Within that, you can have all sorts of different types of capitalism. You can have Chinese state capitalism, you can have the old mercantilism, which industrial capitalism came after, which Trump seems to be trying to resurrect. You can have Keynesian managed capitalism that we had for 30 or 40 years after the Second World War, which I grew up in in the UK. Or you can have sort of hyper-globalization, hyper-capitalism that we've tried for the last 30 years. There are all those different varieties of capitalism consistent with a basic definition, I think.Andrew Keen: That keeps you busy, John. I know you started this project, which is a big book and it's a wonderful book. I read it. I don't always read all the books I have on the show, but I read from cover to cover full of remarkable stories of the critics of capitalism. You note in the beginning that you began this in 2016 with the beginnings of Trump. What was it about the 2016 election that triggered a book about capitalism and its critics?John Cassidy: Well, I was reporting on it at the time for The New Yorker and it struck me—I covered, I basically covered the economy in various forms for various publications since the late 80s, early 90s. In fact, one of my first big stories was the stock market crash of '87. So yes, I am that old. But it seemed to me in 2016 when you had Bernie Sanders running from the left and Trump running from the right, but both in some way offering very sort of similar critiques of capitalism. People forget that Trump in 2016 actually was running from the left of the Republican Party. He was attacking big business. He was attacking Wall Street. He doesn't do that these days very much, but at the time he was very much posing as the sort of outsider here to protect the interests of the average working man.And it seemed to me that when you had this sort of pincer movement against the then ruling model, this wasn't just a one-off. It seemed to me it was a sort of an emerging crisis of legitimacy for the system. And I thought there could be a good book written about how we got to here. And originally I thought it would be a relatively short book just based on the last sort of 20 or 30 years since the collapse of the Cold War and the sort of triumphalism of the early 90s.But as I got into it more and more, I realized that so many of the issues which had been raised, things like globalization, rising inequality, monopoly power, exploitation, even pollution and climate change, these issues go back to the very start of the capitalist system or the industrial capitalist system back in sort of late 18th century, early 19th century Britain. So I thought, in the end, I thought, you know what, let's just do the whole thing soup to nuts through the eyes of the critics.There have obviously been many, many histories of capitalism written. I thought that an original way to do it, or hopefully original, would be to do a sort of a narrative through the lives and the critiques of the critics of various stages. So that's, I hope, what sets it apart from other books on the subject, and also provides a sort of narrative frame because, you know, I am a New Yorker writer, I realize if you want people to read things, you've got to make it readable. Easiest way to make things readable is to center them around people. People love reading about other people. So that's sort of the narrative frame. I start off with a whistleblower from the East India Company back in the—Andrew Keen: Yeah, I want to come to that. But before, John, my sense is that to simplify what you're saying, this is a labor of love. You're originally from Leeds, the heart of Yorkshire, the center of the very industrial revolution, the first industrial revolution where, in your historical analysis, capitalism was born. Is it a labor of love? What's your family relationship with capitalism? How long was the family in Leeds?John Cassidy: Right, I mean that's a very good question. It is a labor of love in a way, but it's not—our family doesn't go—I'm from an Irish family, family of Irish immigrants who moved to England in the 1940s and 1950s. So my father actually did start working in a big mill, the Kirkstall Forge in Leeds, which is a big steel mill, and he left after seeing one of his co-workers have his arms chopped off in one of the machinery, so he decided it wasn't for him and he spent his life working in the construction industry, which was dominated by immigrants as it is here now.So I don't have a—it's not like I go back to sort of the start of the industrial revolution, but I did grow up in the middle of Leeds, very working class, very industrial neighborhood. And what a sort of irony is, I'll point out, I used to, when I was a kid, I used to play golf on a municipal golf course called Gotts Park in Leeds, which—you know, most golf courses in America are sort of in the affluent suburbs, country clubs. This was right in the middle of Armley in Leeds, which is where the Victorian jail is and a very rough neighborhood. There's a small bit of land which they built a golf course on. It turns out it was named after one of the very first industrialists, Benjamin Gott, who was a wool and textile industrialist, and who played a part in the Luddite movement, which I mention.So it turns out, I was there when I was 11 or 12, just learning how to play golf on this scrappy golf course. And here I am, 50 years later, writing about Benjamin Gott at the start of the Industrial Revolution. So yeah, no, sure. I think it speaks to me in a way that perhaps it wouldn't to somebody else from a different background.Andrew Keen: We did a show with William Dalrymple, actually, a couple of years ago. He's been on actually since, the Anglo or Scottish Indian historian. His book on the East India Company, "The Anarchy," is a classic. You begin in some ways your history of capitalism with the East India Company. What was it about the East India Company, John, that makes it different from other for-profit organizations in economic, Western economic history?John Cassidy: I mean, I read that. It's a great book, by the way. That was actually quoted in my chapter on these. Yeah, I remember. I mean, the reason I focused on it was for two reasons. Number one, I was looking for a start, a narrative start to the book. And it seemed to me, you know, the obvious place to start is with the start of the industrial revolution. If you look at economics history textbooks, that's where they always start with Arkwright and all the inventors, you know, who were the sort of techno-entrepreneurs of their time, the sort of British Silicon Valley, if you could think of it as, in Lancashire and Derbyshire in the late 18th century.So I knew I had to sort of start there in some way, but I thought that's a bit pat. Is there another way into it? And it turns out that in 1772 in England, there was a huge bailout of the East India Company, very much like the sort of 2008, 2009 bailout of Wall Street. The company got into trouble. So I thought, you know, maybe there's something there. And I eventually found this guy, William Bolts, who worked for the East India Company, turned into a whistleblower after he was fired for finagling in India like lots of the people who worked for the company did.So that gave me two things. Number one, it gave me—you know, I'm a writer, so it gave me something to focus on a narrative. His personal history is very interesting. But number two, it gave me a sort of foundation because industrial capitalism didn't come from nowhere. You know, it was built on top of a pre-existing form of capitalism, which we now call mercantile capitalism, which was very protectionist, which speaks to us now. But also it had these big monopolistic multinational companies.The East India Company, in some ways, was a very modern corporation. It had a headquarters in Leadenhall Street in the city of London. It had a board of directors, it had stockholders, the company sent out very detailed instructions to the people in the field in India and Indonesia and Malaysia who were traders who bought things from the locals there, brought them back to England on their company ships. They had a company army even to enforce—to protect their operations there. It was an incredible multinational corporation.So that was also, I think, fascinating because it showed that even in the pre-existing system, you know, big corporations existed, there were monopolies, they had royal monopolies given—first the East India Company got one from Queen Elizabeth. But in some ways, they were very similar to modern monopolistic corporations. And they had some of the problems we've seen with modern monopolistic corporations, the way they acted. And Bolts was the sort of first corporate whistleblower, I thought. Yeah, that was a way of sort of getting into the story, I think. Hopefully, you know, it's just a good read, I think.William Bolts's story because he was—he came from nowhere, he was Dutch, he wasn't even English and he joined the company as a sort of impoverished young man, went to India like a lot of English minor aristocrats did to sort of make your fortune. The way the company worked, you had to sort of work on company time and make as much money as you could for the company, but then in your spare time you're allowed to trade for yourself. So a lot of the—without getting into too much detail, but you know, English aristocracy was based on—you know, the eldest child inherits everything, so if you were the younger brother of the Duke of Norfolk, you actually didn't inherit anything. So all of these minor aristocrats, so major aristocrats, but who weren't first born, joined the East India Company, went out to India and made a fortune, and then came back and built huge houses. Lots of the great manor houses in southern England were built by people from the East India Company and they were known as Nabobs, which is an Indian term. So they were the sort of, you know, billionaires of their time, and it was based on—as I say, it wasn't based on industrial capitalism, it was based on mercantile capitalism.Andrew Keen: Yeah, the beginning of the book, which focuses on Bolts and the East India Company, brings to mind for me two things. Firstly, the intimacy of modern capitalism, modern industrial capitalism with colonialism and of course slavery—lots of books have been written on that. Touch on this and also the relationship between the birth of capitalism and the birth of liberalism or democracy. John Stuart Mill, of course, the father in many ways of Western democracy. His day job, ironically enough, or perhaps not ironically, was at the East India Company. So how do those two things connect, or is it just coincidental?John Cassidy: Well, I don't think it is entirely coincidental, I mean, J.S. Mill—his father, James Mill, was also a well-known philosopher in the sort of, obviously, in the earlier generation, earlier than him. And he actually wrote the official history of the East India Company. And I think they gave his son, the sort of brilliant protégé, J.S. Mill, a job as largely as a sort of sinecure, I think. But he did go in and work there in the offices three or four days a week.But I think it does show how sort of integral—the sort of—as you say, the inheritor and the servant in Britain, particularly, of colonial capitalism was. So the East India Company was, you know, it was in decline by that stage in the middle of the 19th century, but it didn't actually give up its monopoly. It wasn't forced to give up its monopoly on the Indian trade until 1857, after, you know, some notorious massacres and there was a sort of public outcry.So yeah, no, that's—it's very interesting that the British—it's sort of unique to Britain in a way, but it's interesting that industrial capitalism arose alongside this pre-existing capitalist structure and somebody like Mill is a sort of paradoxical figure because actually he was quite critical of aspects of industrial capitalism and supported sort of taxes on the rich, even though he's known as the great, you know, one of the great apostles of the free market and free market liberalism. And his day job, as you say, he was working for the East India Company.Andrew Keen: What about the relationship between the birth of industrial capitalism, colonialism and slavery? Those are big questions and I know you deal with them in some—John Cassidy: I think you can't just write an economic history of capitalism now just starting with the cotton industry and say, you know, it was all about—it was all about just technical progress and gadgets, etc. It was built on a sort of pre-existing system which was colonial and, you know, the slave trade was a central element of that. Now, as you say, there have been lots and lots of books written about it, the whole 1619 project got an incredible amount of attention a few years ago. So I didn't really want to rehash all that, but I did want to acknowledge the sort of role of slavery, especially in the rise of the cotton industry because of course, a lot of the raw cotton was grown in the plantations in the American South.So the way I actually ended up doing that was by writing a chapter about Eric Williams, a Trinidadian writer who ended up as the Prime Minister of Trinidad when it became independent in the 1960s. But when he was younger, he wrote a book which is now regarded as a classic. He went to Oxford to do a PhD, won a scholarship. He was very smart. I won a sort of Oxford scholarship myself but 50 years before that, he came across the Atlantic and did an undergraduate degree in history and then did a PhD there and his PhD thesis was on slavery and capitalism.And at the time, in the 1930s, the link really wasn't acknowledged. You could read any sort of standard economic history written by British historians, and they completely ignored that. He made the argument that, you know, slavery was integral to the rise of capitalism and he basically started an argument which has been raging ever since the 1930s and, you know, if you want to study economic history now you have to sort of—you know, have to have to address that. And the way I thought, even though the—it's called the Williams thesis is very famous. I don't think many people knew much about where it came from. So I thought I'd do a chapter on—Andrew Keen: Yeah, that chapter is excellent. You mentioned earlier the Luddites, you're from Yorkshire where Luddism in some ways was born. One of the early chapters is on the Luddites. We did a show with Brian Merchant, his book, "Blood in the Machine," has done very well, I'm sure you're familiar with it. I always understood the Luddites as being against industrialization, against the machine, as opposed to being against capitalism. But did those two things get muddled together in the history of the Luddites?John Cassidy: I think they did. I mean, you know, Luddites, when we grew up, I mean you're English too, you know to be called a Luddite was a term of abuse, right? You know, you were sort of antediluvian, anti-technology, you're stupid. It was only, I think, with the sort of computer revolution, the tech revolution of the last 30, 40 years and the sort of disruptions it's caused, that people have started to look back at the Luddites and say, perhaps they had a point.For them, they were basically pre-industrial capitalism artisans. They worked for profit-making concerns, small workshops. Some of them worked for themselves, so they were sort of sole proprietor capitalists. Or they worked in small venues, but the rise of industrial capitalism, factory capitalism or whatever, basically took away their livelihoods progressively. So they associated capitalism with new technology. In their minds it was the same. But their argument wasn't really a technological one or even an economic one, it was more a moral one. They basically made the moral argument that capitalists shouldn't have the right to just take away their livelihoods with no sort of recompense for them.At the time they didn't have any parliamentary representation. You know, they weren't revolutionaries. The first thing they did was create petitions to try and get parliament to step in, sort of introduce some regulation here. They got turned down repeatedly by the sort of—even though it was a very aristocratic parliament, places like Manchester and Leeds didn't have any representation at all. So it was only after that that they sort of turned violent and started, you know, smashing machines and machines, I think, were sort of symbols of the system, which they saw as morally unjust.And I think that's sort of what—obviously, there's, you know, a lot of technological disruption now, so we can, especially as it starts to come for the educated cognitive class, we can sort of sympathize with them more. But I think the sort of moral critique that there's this, you know, underneath the sort of great creativity and economic growth that capitalism produces, there is also a lot of destruction and a lot of victims. And I think that message, you know, is becoming a lot more—that's why I think why they've been rediscovered in the last five or ten years and I'm one of the people I guess contributing to that rediscovery.Andrew Keen: There's obviously many critiques of capitalism politically. I want to come to Marx in a second, but your chapter, I thought, on Thomas Carlyle and this nostalgic conservatism was very important and there are other conservatives as well. John, do you think that—and you mentioned Trump earlier, who is essentially a nostalgist for a—I don't know, some sort of bizarre pre-capitalist age in America. Is there something particularly powerful about the anti-capitalism of romantics like Carlyle, 19th century Englishman, there were many others of course.John Cassidy: Well, I think so. I mean, I think what is—conservatism, when we were young anyway, was associated with Thatcherism and Reaganism, which, you know, lionized the free market and free market capitalism and was a reaction against the pre-existing form of capitalism, Keynesian capitalism of the sort of 40s to the 80s. But I think what got lost in that era was the fact that there have always been—you've got Hayek up there, obviously—Andrew Keen: And then Keynes and Hayek, the two—John Cassidy: Right, it goes to the end of that. They had a great debate in the 1930s about these issues. But Hayek really wasn't a conservative person, and neither was Milton Friedman. They were sort of free market revolutionaries, really, that you'd let the market rip and it does good things. And I think that that sort of a view, you know, it just became very powerful. But we sort of lost sight of the fact that there was also a much older tradition of sort of suspicion of radical changes of any type. And that was what conservatism was about to some extent. If you think about Baldwin in Britain, for example.And there was a sort of—during the Industrial Revolution, some of the strongest supporters of factory acts to reduce hours and hourly wages for women and kids were actually conservatives, Tories, as they were called at the time, like Ashley. That tradition, Carlyle was a sort of extreme representative of that. I mean, Carlyle was a sort of proto-fascist, let's not romanticize him, he lionized strongmen, Frederick the Great, and he didn't really believe in democracy. But he also had—he was appalled by the sort of, you know, the—like, what's the phrase I'm looking for? The sort of destructive aspects of industrial capitalism, both on the workers, you know, he said it was a dehumanizing system, sounded like Marx in some ways. That it dehumanized the workers, but also it destroyed the environment.He was an early environmentalist. He venerated the environment, was actually very strongly linked to the transcendentalists in America, people like Thoreau, who went to visit him when he visited Britain and he saw the sort of destructive impact that capitalism was having locally in places like Manchester, which were filthy with filthy rivers, etc. So he just saw the whole system as sort of morally bankrupt and he was a great writer, Carlyle, whatever you think of him. Great user of language, so he has these great ringing phrases like, you know, the cash nexus or calling it the Gospel of Mammonism, the shabbiest gospel ever preached under the sun was industrial capitalism.So, again, you know, that's a sort of paradoxical thing, because I think for so long conservatism was associated with, you know, with support for the free market and still is in most of the Republican Party, but then along comes Trump and sort of conquers the party with a, you know, more skeptical, as you say, romantic, not really based on any reality, but a sort of romantic view that America can stand by itself in the world. I mean, I see Trump actually as a sort of an effort to sort of throw back to mercantile capitalism in a way. You know, which was not just pre-industrial, but was also pre-democracy, run by monarchs, which I'm sure appeals to him, and it was based on, you know, large—there were large tariffs. You couldn't import things in the UK. If you want to import anything to the UK, you have to send it on a British ship because of the navigation laws. It was a very protectionist system and it's actually, you know, as I said, had a lot of parallels with what Trump's trying to do or tries to do until he backs off.Andrew Keen: You cheat a little bit in the book in the sense that you—everyone has their own chapter. We'll talk a little bit about Hayek and Smith and Lenin and Friedman. You do have one chapter on Marx, but you also have a chapter on Engels. So you kind of cheat. You combine the two. Is it possible, though, to do—and you've just written this book, so you know this as well as anyone. How do you write a book about capitalism and its critics and only really give one chapter to Marx, who is so dominant? I mean, you've got lots of Marxists in the book, including Lenin and Luxemburg. How fundamental is Marx to a criticism of capitalism? Is most criticism, especially from the left, from progressives, is it really just all a footnote to Marx?John Cassidy: I wouldn't go that far, but I think obviously on the left he is the central figure. But there's an element of sort of trying to rebuild Engels a bit in this. I mean, I think of Engels and Marx—I mean obviously Marx wrote the great classic "Capital," etc. But in the 1840s, when they both started writing about capitalism, Engels was sort of ahead of Marx in some ways. I mean, the sort of materialist concept, the idea that economics rules everything, Engels actually was the first one to come up with that in an essay in the 1840s which Marx then published in one of his—in the German newspaper he worked for at the time, radical newspaper, and he acknowledged openly that that was really what got him thinking seriously about economics, and even in the late—in 20, 25 years later when he wrote "Capital," all three volumes of it and the Grundrisse, just these enormous outpourings of analysis on capitalism.He acknowledged Engels's role in that and obviously Engels wrote the first draft of the Communist Manifesto in 1848 too, which Marx then topped and tailed and—he was a better writer obviously, Marx, and he gave it the dramatic language that we all know it for. So I think Engels and Marx together obviously are the central sort of figures in the sort of left-wing critique. But they didn't start out like that. I mean, they were very obscure, you've got to remember.You know, they were—when they were writing, Marx was writing "Capital" in London, it never even got published in English for another 20 years. It was just published in German. He was basically an expat. He had been thrown out of Germany, he had been thrown out of France, so England was last resort and the British didn't consider him a threat so they were happy to let him and the rest of the German sort of left in there. I think it became—it became the sort of epochal figure after his death really, I think, when he was picked up by the left-wing parties, which are especially the SPD in Germany, which was the first sort of socialist mass party and was officially Marxist until the First World War and there were great internal debates.And then of course, because Lenin and the Russians came out of that tradition too, Marxism then became the official doctrine of the Soviet Union when they adopted a version of it. And again there were massive internal arguments about what Marx really meant, and in fact, you know, one interpretation of the last 150 years of left-wing sort of intellectual development is as a sort of argument about what did Marx really mean and what are the important bits of it, what are the less essential bits of it. It's a bit like the "what did Keynes really mean" that you get in liberal circles.So yeah, Marx, obviously, this is basically an intellectual history of critiques of capitalism. In that frame, he is absolutely a central figure. Why didn't I give him more space than a chapter and a chapter and a half with Engels? There have been a million books written about Marx. I mean, it's not that—it's not that he's an unknown figure. You know, there's a best-selling book written in Britain about 20 years ago about him and then I was quoting, in my biographical research, I relied on some more recent, more scholarly biographies. So he's an endlessly fascinating figure but I didn't want him to dominate the book so I gave him basically the same space as everybody else.Andrew Keen: You've got, as I said, you've got a chapter on Adam Smith who's often considered the father of economics. You've got a chapter on Keynes. You've got a chapter on Friedman. And you've got a chapter on Hayek, all the great modern economists. Is it possible, John, to be a distinguished economist one way or the other and not be a critic of capitalism?John Cassidy: Well, I don't—I mean, I think history would suggest that the greatest economists have been critics of capitalism in their own time. People would say to me, what the hell have you got Milton Friedman and Friedrich Hayek in a book about critics of capitalism? They were great exponents, defenders of capitalism. They loved the system. That is perfectly true. But in the 1930s, 40s, 50s, 60s, and 70s, middle of the 20th century, they were actually arch-critics of the ruling form of capitalism at the time, which was what I call managed capitalism. What some people call Keynesianism, what other people call European social democracy, whatever you call it, it was a model of a mixed economy in which the government played a large role both in propping up demand and in providing an extensive social safety net in the UK and providing public healthcare and public education. It was a sort of hybrid model.Most of the economy in terms of the businesses remained in private hands. So most production was capitalistic. It was a capitalist system. They didn't go to the Soviet model of nationalizing everything and Britain did nationalize some businesses, but most places didn't. The US of course didn't but it was a form of managed capitalism. And Hayek and Friedman were both great critics of that and wanted to sort of move back to 19th century laissez-faire model.Keynes was a—was actually a great, I view him anyway, as really a sort of late Victorian liberal and was trying to protect as much of the sort of J.S. Mill view of the world as he could, but he thought capitalism had one fatal flaw: that it tended to fall into recessions and then they can snowball and the whole system can collapse which is what had basically happened in the early 1930s until Keynesian policies were adopted. Keynes sort of differed from a lot of his followers—I have a chapter on Joan Robinson in there, who were pretty left-wing and wanted to sort of use Keynesianism as a way to shift the economy quite far to the left. Keynes didn't really believe in that. He has a famous quote that, you know, once you get to full employment, you can then rely on the free market to sort of take care of things. He was still a liberal at heart.Going back to Adam Smith, why is he in a book on criticism of capitalism? And again, it goes back to what I said at the beginning. He actually wrote "The Wealth of Nations"—he explains in the introduction—as a critique of mercantile capitalism. His argument was that he was a pro-free trader, pro-small business, free enterprise. His argument was if you get the government out of the way, we don't need these government-sponsored monopolies like the East India Company. If you just rely on the market, the sort of market forces and competition will produce a good outcome. So then he was seen as a great—you know, he is then seen as the apostle of free market capitalism. I mean when I started as a young reporter, when I used to report in Washington, all the conservatives used to wear Adam Smith badges. You don't see Donald Trump wearing an Adam Smith badge, but that was the case.He was also—the other aspect of Smith, which I highlight, which is not often remarked on—he's also a critic of big business. He has a famous section where he discusses the sort of tendency of any group of more than three businessmen when they get together to try and raise prices and conspire against consumers. And he was very suspicious of, as I say, large companies, monopolies. I think if Adam Smith existed today, I mean, I think he would be a big supporter of Lina Khan and the sort of antitrust movement, he would say capitalism is great as long as you have competition, but if you don't have competition it becomes, you know, exploitative.Andrew Keen: Yeah, if Smith came back to live today, you have a chapter on Thomas Piketty, maybe he may not be French, but he may be taking that position about how the rich benefit from the structure of investment. Piketty's core—I've never had Piketty on the show, but I've had some of his followers like Emmanuel Saez from Berkeley. Yeah. How powerful is Piketty's critique of capitalism within the context of the classical economic analysis from Hayek and Friedman? Yeah, it's a very good question.John Cassidy: It's a very good question. I mean, he's a very paradoxical figure, Piketty, in that he obviously shot to world fame and stardom with his book on capital in the 21st century, which in some ways he obviously used the capital as a way of linking himself to Marx, even though he said he never read Marx. But he was basically making the same argument that if you leave capitalism unrestrained and don't do anything about monopolies etc. or wealth, you're going to get massive inequality and he—I think his great contribution, Piketty and the school of people, one of them you mentioned, around him was we sort of had a vague idea that inequality was going up and that, you know, wages were stagnating, etc.What he and his colleagues did is they produced these sort of scientific empirical studies showing in very simple to understand terms how the sort of share of income and wealth of the top 10 percent, the top 5 percent, the top 1 percent and the top 0.1 percent basically skyrocketed from the 1970s to about 2010. And it was, you know, he was an MIT PhD. Saez, who you mentioned, is a Berkeley professor. They were schooled in neoclassical economics at Harvard and MIT and places like that. So the right couldn't dismiss them as sort of, you know, lefties or Trots or whatever who're just sort of making this stuff up. They had to acknowledge that this was actually an empirical reality.I think it did change the whole basis of the debate and it was sort of part of this reaction against capitalism in the 2010s. You know it was obviously linked to the sort of Sanders and the Occupy Wall Street movement at the time. It came out of the—you know, the financial crisis as well when Wall Street disgraced itself. I mean, I wrote a previous book on all that, but people have sort of, I think, forgotten the great reaction against that a decade ago, which I think even Trump sort of exploited, as I say, by using anti-banker rhetoric at the time.So, Piketty was a great figure, I think, from, you know, I was thinking, who are the most influential critics of capitalism in the 21st century? And I think you'd have to put him up there on the list. I'm not saying he's the only one or the most eminent one. But I think he is a central figure. Now, of course, you'd think, well, this is a really powerful critic of capitalism, and nobody's going to pick up, and Bernie's going to take off and everything. But here we are a decade later now. It seems to be what the backlash has produced is a swing to the right, not a swing to the left. So that's, again, a sort of paradox.Andrew Keen: One person I didn't expect to come up in the book, John, and I was fascinated with this chapter, is Silvia Federici. I've tried to get her on the show. We've had some books about her writing and her kind of—I don't know, you treat her critique as a feminist one. The role of women. Why did you choose to write a chapter about Federici and that feminist critique of capitalism?John Cassidy: Right, right. Well, I don't think it was just feminist. I'll explain what I think it was. Two reasons. Number one, I wanted to get more women into the book. I mean, it's in some sense, it is a history of economics and economic critiques. And they are overwhelmingly written by men and women were sort of written out of the narrative of capitalism for a very long time. So I tried to include as many sort of women as actual thinkers as I could and I have a couple of early socialist feminist thinkers, Anna Wheeler and Flora Tristan and then I cover some of the—I cover Rosa Luxemburg as the great sort of tribune of the left revolutionary socialist, communist whatever you want to call it. Anti-capitalist I think is probably also important to note about. Yeah, and then I also have Joan Robinson, but I wanted somebody to do something in the modern era, and I thought Federici, in the world of the Wages for Housework movement, is very interesting from two perspectives.Number one, Federici herself is a Marxist, and I think she probably would still consider herself a revolutionary. She's based in New York, as you know now. She lived in New York for 50 years, but she came from—she's originally Italian and came out of the Italian left in the 1960s, which was very radical. Do you know her? Did you talk to her? I didn't talk to her on this. No, she—I basically relied on, there has been a lot of, as you say, there's been a lot of stuff written about her over the years. She's written, you know, she's given various long interviews and she's written a book herself, a version, a history of housework, so I figured it was all there and it was just a matter of pulling it together.But I think the critique, why the critique is interesting, most of the book is a sort of critique of how capitalism works, you know, in the production or you know, in factories or in offices or you know, wherever capitalist operations are working, but her critique is sort of domestic reproduction, as she calls it, the role of unpaid labor in supporting capitalism. I mean it goes back a long way actually. There was this moment, I sort of trace it back to the 1940s and 1950s when there were feminists in America who were demonstrating outside factories and making the point that you know, the factory workers and the operations of the factory, it couldn't—there's one of the famous sort of tire factory in California demonstrations where the women made the argument, look this factory can't continue to operate unless we feed and clothe the workers and provide the next generation of workers. You know, that's domestic reproduction. So their argument was that housework should be paid and Federici took that idea and a couple of her colleagues, she founded the—it's a global movement, but she founded the most famous branch in New York City in the 1970s. In Park Slope near where I live actually.And they were—you call it feminists, they were feminists in a way, but they were rejected by the sort of mainstream feminist movement, the sort of Gloria Steinems of the world, who Federici was very critical of because she said they ignored, they really just wanted to get women ahead in the sort of capitalist economy and they ignored the sort of underlying from her perspective, the underlying sort of illegitimacy and exploitation of that system. So they were never accepted as part of the feminist movement. They're to the left of the Feminist Movement.Andrew Keen: You mentioned Keynes, of course, so central in all this, particularly his analysis of the role of automation in capitalism. We did a show recently with Robert Skidelsky and I'm sure you're familiar—John Cassidy: Yeah, yeah, great, great biography of Keynes.Andrew Keen: Yeah, the great biographer of Keynes, whose latest book is "Mindless: The Human Condition in the Age of AI." You yourself wrote a brilliant book on the last tech mania and dot-com capitalism. I used it in a lot of my writing and books. What's your analysis of AI in this latest mania and the role generally of manias in the history of capitalism and indeed in critiquing capitalism? Is AI just the next chapter of the dot-com boom?John Cassidy: I think it's a very deep question. I think I'd give two answers to it. In one sense it is just the latest mania the way—I mean, the way capitalism works is we have these, I go back to Kondratiev, one of my Russian economists who ended up being killed by Stalin. He was the sort of inventor of the long wave theory of capitalism. We have these short waves where you have sort of booms and busts driven by finance and debt etc. But we also have long waves driven by technology.And obviously, in the last 40, 50 years, the two big ones are the original deployment of the internet and microchip technology in the sort of 80s and 90s culminating in the dot-com boom of the late 90s, which as you say, I wrote about. Thanks very much for your kind comments on the book. If you just sort of compare it from a financial basis I think they are very similar just in terms of the sort of role of hype from Wall Street in hyping up these companies. The sort of FOMO aspect of it among investors that they you know, you can't miss out. So just buy the companies blindly. And the sort of lionization in the press and the media of, you know, of AI as the sort of great wave of the future.So if you take a sort of skeptical market based approach, I would say, yeah, this is just another sort of another mania which will eventually burst and it looked like it had burst for a few weeks when Trump put the tariffs up, now the market seemed to be recovering. But I think there is, there may be something new about it. I am not, I don't pretend to be a technical expert. I try to rely on the evidence of or the testimony of people who know the systems well and also economists who have studied it. It seems to me the closer you get to it the more alarming it is in terms of the potential shock value that there is there.I mean Trump and the sort of reaction to a larger extent can be traced back to the China shock where we had this global shock to American manufacturing and sort of hollowed out a lot of the industrial areas much of it, like industrial Britain was hollowed out in the 80s. If you, you know, even people like Altman and Elon Musk, they seem to think that this is going to be on a much larger scale than that and will basically, you know, get rid of the professions as they exist. Which would be a huge, huge shock. And I think a lot of the economists who studied this, who four or five years ago were relatively optimistic, people like Daron Acemoglu, David Autor—Andrew Keen: Simon Johnson, of course, who just won the Nobel Prize, and he's from England.John Cassidy: Simon, I did an event with Simon earlier this week. You know they've studied this a lot more closely than I have but I do interview them and I think five, six years ago they were sort of optimistic that you know this could just be a new steam engine or could be a microchip which would lead to sort of a lot more growth, rising productivity, rising productivity is usually associated with rising wages so sure there'd be short-term costs but ultimately it would be a good thing. Now, I think if you speak to them, they see since the, you know, obviously, the OpenAI—the original launch and now there's just this huge arms race with no government involvement at all I think they're coming to the conclusion that rather than being developed to sort of complement human labor, all these systems are just being rushed out to substitute for human labor. And it's just going, if current trends persist, it's going to be a China shock on an even bigger scale.You know what is going to, if that, if they're right, that is going to produce some huge political backlash at some point, that's inevitable. So I know—the thing when the dot-com bubble burst, it didn't really have that much long-term impact on the economy. People lost the sort of fake money they thought they'd made. And then the companies, obviously some of the companies like Amazon and you know Google were real genuine profit-making companies and if you bought them early you made a fortune. But AI does seem a sort of bigger, scarier phenomenon to me. I don't know. I mean, you're close to it. What do you think?Andrew Keen: Well, I'm waiting for a book, John, from you. I think you can combine dot-com and capitalism and its critics. We need you probably to cover it—you know more about it than me. Final question, I mean, it's a wonderful book and we haven't even scratched the surface everyone needs to get it. I enjoyed the chapter, for example, on Karl Polanyi and so much more. I mean, it's a big book. But my final question, John, is do you have any regrets about anyone you left out? The one person I would have liked to have been included was Rawls because of his sort of treatment of capitalism and luck as a kind of casino. I'm not sure whether you gave any thought to Rawls, but is there someone in retrospect you should have had a chapter on that you left out?John Cassidy: There are lots of people I left out. I mean, that's the problem. I mean there have been hundreds and hundreds of critics of capitalism. Rawls, of course, incredibly influential and his idea of the sort of, you know, the veil of ignorance that you should judge things not knowing where you are in the income distribution and then—Andrew Keen: And it's luck. I mean the idea of some people get lucky and some people don't.John Cassidy: It is the luck of the draw, obviously, what card you pull. I think that is a very powerful critique, but I just—because I am more of an expert on economics, I tended to leave out philosophers and sociologists. I mean, you know, you could say, where's Max Weber? Where are the anarchists? You know, where's Emma Goldman? Where's John Kenneth Galbraith, the sort of great mid-century critic of American industrial capitalism? There's so many people that you could include. I mean, I could have written 10 volumes. In fact, I refer in the book to, you know, there's always been a problem. G.D.H. Cole, a famous English historian, wrote a history of socialism back in the 1960s and 70s. You know, just getting to 1850 took him six volumes. So, you've got to pick and choose, and I don't claim this is the history of capitalism and its critics. That would be a ridiculous claim to make. I just claim it's a history written by me, and hopefully the people are interested in it, and they're sufficiently diverse that you can address all the big questions.Andrew Keen: Well it's certainly incredibly timely. Capitalism and its critics—more and more of them. Sometimes they don't even describe themselves as critics of capitalism when they're talking about oligarchs or billionaires, they're really criticizing capitalism. A must read from one of America's leading journalists. And would you call yourself a critic of capitalism, John?John Cassidy: Yeah, I guess I am, to some extent, sure. I mean, I'm not a—you know, I'm not on the far left, but I'd say I'm a center-left critic of capitalism. Yes, definitely, that would be fair.Andrew Keen: And does the left need to learn? Does everyone on the left need to read the book and learn the language of anti-capitalism in a more coherent and honest way?John Cassidy: I hope so. I mean, obviously, I'd be talking my own book there, as they say, but I hope that people on the left, but not just people on the left. I really did try to sort of be fair to the sort of right-wing critiques as well. I included the Carlyle chapter particularly, obviously, but in the later chapters, I also sort of refer to this emerging critique on the right, the sort of economic nationalist critique. So hopefully, I think people on the right could read it to understand the critiques from the left, and people on the left could read it to understand some of the critiques on the right as well.Andrew Keen: Well, it's a lovely book. It's enormously erudite and simultaneously readable. Anyone who likes John Cassidy's work from The New Yorker will love it. Congratulations, John, on the new book, and I'd love to get you back on the show as anti-capitalism in America picks up steam and perhaps manifests itself in the 2028 election. Thank you so much.John Cassidy: Thanks very much for inviting me on, it was fun.Keen On America is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit keenon.substack.com/subscribe
American antitrust laws were designed to stop companies from wielding the power of kings. But in the 1970s, a legal scholar named Robert Bork convinced Washington to ignore those laws. Host Cory Doctorow traces how Bork's influence gave digital giants like Amazon a decades-long free pass to dominate markets, crush competitors, exploit their own business clients, and treat users like hostages — and how, after 40 years of inaction, former FTC chair Lina Khan took on the fight to rein in monopoly power. Guests in this episode include Michael Wiesel, Lina Khan, and Clive Thompson. Archival recordings feature Robert Bork.
Lina Khan recently concluded her term as one of the Biden administration's most controversial leaders. Her tenure as chair of the Federal Trade Commission raised the profile of the relatively obscure antitrust agency charged with protecting competition. Her anti-monopoly outlook and more aggressive enforcement strategies, particularly toward Big Tech market power and protecting workers, earned the ire of the business community and the dedicated vitriol of the Wall Street Journal editorial board.Khan began her term as the youngest-ever appointee of the FTC. She initially rose to prominence for her 2017 Yale Law Journal article, “Amazon's Antitrust Paradox,” which went viral among the antitrust community for its argument that scholars and regulators must look beyond prices to understand what constitutes a harm from a lack of competition, especially in today's digital economy where many services are nominally provided for free to consumers. Fresh out of law school, Khan appeared on a Capitalisn't episode in our first season and wrote for our sister publication at the Stigler Center, ProMarket, as far back as 2018. She also delivered two keynote addresses at the Stigler Center's annual Antitrust and Competition Conferences while FTC chair.On this episode, Khan returns to Capitalisn't to reflect on her tenure, her vision of capitalism, and how her approach to enforcing existing laws with new thinking may have impacted the everyday lives of Americans. How does she respond to her critics, who include major Democratic business leaders? How does she view the new Trump administration, which is continuing many of her transformative policies, including revised merger guidelines and major lawsuits? As a senator, Vice President JD Vance said she was “one of the few people in the Biden administration actually doing a pretty good job.” Reflecting on her work, Khan also touches upon how conflicts of interest among corporate lawyers and consultants, former bureaucrats, and academics distort policymaking, court rulings, and market outcomes. Finally, she highlights the antitrust issues to pay attention to moving forward, such as algorithmic collusion.Show Notes: Also, check out ProMarket's series on the future of the Neo-Brandesian movement, of which Lina Khan is an emblematic figure.
Three Visions of Where Democrats Went Wrong | The Ezra Klein Show - Zephyr Teachout and Saikat ChakrabartiREALIGNMENT NEWSLETTER: https://therealignment.substack.com/PURCHASE BOOKS AT OUR BOOKSHOP: https://bookshop.org/shop/therealignmentEmail Us: realignmentpod@gmail.comElizabeth Wilkins, President and CEO of the Roosevelt Institute and alumn of the White House and Lina Khan's Federal Trade Commission, joins The Realignment. Marshall and Elizabeth discuss why the left has reacted critically to the abundance agenda, her agreement with Ezra Klein and Derek Thompson's emphasis on enhancing state capacity, and how to restore faith in government. They explore the tension between technocratic fixes and populist demands, the need for effective political storytelling, and why "small," tangible wins like banning junk fees and non-competes matter as much as big legislative wins.
Krystal, Ryan and Emily discuss Mike Walz ousted, Ukraine minerals deal, judge blocks Trump deportations, Rand Paul slams tariffs, Bannon with Lina Khan, and MORE! If you need any help, please contact http://breakingpoints.locals.com/contact To connect your RSS feed, use this link: https://breakingpoints.locals.com/rssSee omnystudio.com/listener for privacy information.
Ali Velshi is joined by Yale Jackson School of Global Affairs' Asha Rangappa, MSNBC's ‘The Weekend' host Michael Steele, Fmr. Chair of the FTC Lina Khan, President of Wesleyan University Michael Roth, George Washington University Law School's Mary Anne Franks, MSNBC Legal Analyst Barbara McQuade, Co-Founder and Editor-in-Chief of ‘The Contrarian' Jennifer Rubin, Filmmaker Alex Gibney, “The Gatsby Gambit” author Claire Anderson Wheeler, and Playwright of ‘Gatsby: An American Myth' Martyna Majok.
President Trump exempted consumer technology and components from his reciprocal tariffs on Friday, though by the end of the weekend, his advisors warned that those exemptions may not be permanent. Apple has reportedly increased its iPhone production in India to avoid the impact of the White House's tariffs on goods imported from China. In an extended conversation, former Federal Reserve Chair and former Treasury Secretary Janet Yellen weighs in on the Trump administration's tariff agenda, as well as the stability of U.S. treasurys. Former FTC Chair Lina Khan shares her own perspective on President Trump's tariff agenda, and the two guests both align on one descriptor: chaotic. Khan, once the top antitrust watchdog, discusses the beginning of the FTC's case against Meta, calling into question Facebook's acquisitions of Whatsapp and Instagram. Janet Yellen - 17:25Lina Khan - 35:47 In this episode:Lina Khan, @linamkhanKelly Evans, @KellyCNBCJoe Kernen, @JoeSquawkAndrew Ross Sorkin, @andrewrsorkinKatie Kramer, @Kramer_Katie
The Gaslit Nation Media Committee, a watchdog against access journalism and regime propaganda, has developed this essential guide. We urge all members of the media to reject complicity in the erosion of democracy. The American crisis is a global struggle between democracy and fascism—one that threatens the entire world. Each of us has a role in defending freedom. If you work in media, use this guide to safeguard your integrity, your liberty, and the values we cherish—before it's too late. Doing your job well can save lives and democracy. 1. Don't Bury the Lede: Call It an Illegal Tech-Backed Coup To build trust, stick to the facts. When Trump's administration acts illegally, say it—especially in the headline. Call it what it is: a tech-backed coup that exposes Americans' most sensitive data and replaces federal workers with unsecured A.I. to establish a new surveillance state. 2. Make Private Prison Execs Famous Investigate the financial interests behind Trump's immigration system—expose executives, board members, and their connections. Pursue them with cameras; they can't hide behind profits while lives are ruined and civil liberties eroded. 3. Fascism Needs Ignorance From dismantling the Department of Education to the “War on Woke” in universities, Trump continues delegitimizing education. This isn't about competition with other countries—it's about giving everyone the chance to grow as independent thinkers who reject fascism. 4. Follow the Money Investigate Trump's major donors and their role in Musk's illegal purge of government services. Hold them accountable—ask how they view their investments amid the chaos. Track their contracts and regulatory benefits. 5. Expose National Security Threats Trump removed key military officials who prevented unlawful actions. Without them, who will stop him? Trump holds the nuclear football, cozying up to adversaries, sending bombs to Israel, and threatening wars against Canada and Greenland. Focus on how our adversaries are taking advantage. 6. Kleptowatch Focus on how companies exploit customers through greedflation and Amazon's payola for search visibility. While the Biden administration has much to answer for, the media must spotlight the absence of enforcement of investigations brought by Lina Khan and Tim Wu, leaving corporate kleptocrats unchecked. 7. Media Must Thoroughly Cover Media Journalists must cover media attacks, including blocked access to info and censorship (e.g., Ann Telnaes at WaPo). Report on media ecosystem shifts, address bias, and clarify distinctions between reporting, opinion, and lies. Provide context on media ownership. 8. Draw Historical Parallels Trump, Musk, and allies are enacting policies similar to dictators like Hitler, Mussolini, and Stalin. The media must challenge their unfounded assertions. They are attacking the press and critics, reminiscent of regimes like Pol Pot's and Rwanda's genocide. 9. Trump is Trying to Turn America into an Autocracy: Act Like It Columbia Journalism Review shared 10 essential tips for journalists reporting from autocracies. Share these with your teams, including your company's lawyers—killing big stories and obeying in advance is self-destructive. 10. Shine a Light on Private Prisons The private prison industry needs scrutiny, especially with Trump's lack of oversight. Innocent people are caught in reckless immigration raids as the system grows unchecked. Regular coverage of Guantanamo Bay is crucial due to its history of unlawful detention and Trump's plan for a prison camp there for 30,000 people. 11. Gilead is Here The media has abandoned calling out Trump's toxic masculinity regarding reproductive rights and civil rights. Raise awareness of the deadly consequences for women, including trans women, and all nonwhite people. 12. Access Journalism is Betrayal Fascism's history includes journalists from major outlets becoming "masters of euphemism," (to quote Gareth Jones), downplaying atrocities and broken laws to protect access. History will remember you for doing your job or being bought. Doing your job well can save lives and democracy. 13. Family Members Deserve Special Attention Trump's administration is granting lucrative positions to family members of allies and donors, giving them undue influence over policy. These self-dealing networks must be mapped and exposed. 14. Unmask Voter Suppression Election analysis must address gerrymandering, unfair Senate representation favoring "red states," the Electoral College designed to protect elites, and the gutting of the Voting Rights Act. Don't treat our voter suppression crisis like "horse race" politics. 15. Focus on the 1% Expose extreme wealth inequality—how the 1% dodge taxes and exploit loopholes to preserve their wealth. Put a spotlight on how inequality fuels authoritarianism and is a direct threat to democracy. 16. Cover Protests Highlight actions challenging the White House's destructive crimes. People need to see that citizens care about the laws being broken by Trump's administration and that they're not alone. 17. They're Testing Boundaries: Say It When something is "unprecedented," that means they're testing boundaries, to see what they can get away with. Say it. 18. The Weird Fights Matter Trump renaming the Gulf of Mexico to the Gulf of America may seem "weird," but it's part of the fascist pageantry, like Mussolini's famous eyeliner and Putin's shirtless photos. Look to experts in autocracy to see which stories are being used as a distraction and which stories are important to cover. An expanded version of the Gaslit Nation Media Guide can be found here: https://www.gaslitnationpod.com/media-guide For More: Ten Tips for Reporting in an Autocracy American journalists have much to learn from colleagues in countries where democracy has been under siege. https://www.cjr.org/political_press/ten-tips-for-reporting-in-an-autocracy.php Want to enjoy Gaslit Nation ad-free? Join our community of listeners for bonus shows, ad-free episodes, exclusive Q&A sessions, our group chat, invites to live events like our Monday political salons at 4pm ET over Zoom, and more! Sign up at Patreon.com/Gaslit! Music Credit: "Tafi Maradi no voice" Kevin MacLeod (incompetech.com). Licensed under Creative Commons: By Attribution 4.0 License http://creativecommons.org/licenses/by/4.0/
Lina Khan, the youngest F.T.C. chair in history, reset U.S. antitrust policy by thwarting mega-mergers and other monopolistic behavior. This earned her enemies in some places, and big fans in others — including the Trump administration. Stephen Dubner speaks with Khan about her tactics, her track record, and her future. SOURCES:Lina Khan, former commissioner of the Federal Trade Commission and professor of law at Columbia Law School. RESOURCES:"Merger Guidelines" (U.S. Department of Justice and the Federal Trade Commission, 2023)."The Rise of Market Power and the Macroeconomic Implications," by Jan De Loecker, Jan Eeckhout, and Gabriel Unger (National Bureau of Economic Research, 2019)."US Antitrust Law and Policy in Historical Perspective," by Laura Phillips Sawyer (Harvard Business School, 2019).The Curse of Bigness: Antitrust in the New Gilded Age, by Tim Wu (2018)."Amazon's Antitrust Paradox," by Lina Khan (Yale Law Journal, 2017)."A Tempest In a Coffee Shop," by Tanya Mohn (New York Times, 2004). EXTRAS:"The Economics of Eyeglasses," by Freakonomics Radio (2024)."Should You Trust Private Equity to Take Care of Your Dog?" by Freakonomics Radio (2023)."Are Private Equity Firms Plundering the U.S. Economy?" by Freakonomics Radio (2023)."Is the U.S. Really Less Corrupt Than China — and How About Russia? (Update)" by Freakonomics Radio (2022).
Ryan and Emily discuss Trump and Musk with Hannity, Hamas open to stepping down in Gaza, Jewish man shoots Israeli tourists he thought were Palestinian, Bannon calls Musk 'parasitic", Trump border czar demands AOC prosecution, Trump FTC sides with Lina Khan, Chappelle says SNL censured Gaza monologue. James Billot: https://x.com/james_billot/highlights Doha Mekki: https://www.justice.gov/archives/atr/staff-profile/doha-mekki-acting-assistant-attorney-general To become a Breaking Points Premium Member and watch/listen to the show AD FREE, uncut and 1 hour early visit: www.breakingpoints.com Merch Store: https://shop.breakingpoints.com/See omnystudio.com/listener for privacy information.
What's the easiest way for dictator Xi Jinping of China to invade Taiwan? Bribe the President of the United States! Trump's loyalty lies in enriching himself and his family, all thanks to the highest bidder – including China, Russia, Saudi Arabia, and others. As China shows more signs of preparing to invade Taiwan, Musk's Twitter is normalizing this very idea. Andrea and Russian mafia expert Olga Lautman discuss this and more, including Trump and Melania's meme coin cash grab, in this week's Gaslit Nation bonus show. We also cover ways to fight back, even if things seem to spiral out of control. Olga Lautman will join the Gaslit Nation Salon on February 10 at 4pm ET! And don't miss our Gaslit Nation Game Night on Friday, February 7 at 8:30pm ET—we'll be playing Codenames! For game night, make sure to create a free account on BoardGameArena.com. Zoom links will be shared the morning of the events on Patreon.com/Gaslit, so be sure to subscribe and help support the show! Want to enjoy Gaslit Nation ad-free? Join our community of listeners for bonus shows, ad-free episodes, exclusive Q&A sessions, our group chat, invites to live events like our Monday political salons at 4pm ET over Zoom, and more! Sign up at Patreon.com/Gaslit! Show Notes: Check out Olga Lautman's Substack! https://substack.com/@olgalautman?utm_source=profile-page Opening Clip: https://www.youtube.com/watch?v=5xvJYrSsXPA Excellent thread on Federal Trade Commission chair Lina Khan's lawsuits holding corporate giants accountable: https://threadreaderapp.com/thread/1880370418932150623.html Trump's Crypto Meme Coin Is His Most Lucrative Get-Rich Scheme Yet https://nymag.com/intelligencer/article/what-just-happened-with-usdtrump-and-usdmelania-meme-coins.html China Suddenly Building Fleet Of Special Barges Suitable For Taiwan Landings https://www.navalnews.com/naval-news/2025/01/china-suddenly-building-fleet-of-special-barges-suitable-for-taiwan-landings/ Man says his binned Bitcoin fortune now worth £500m https://www.bbc.com/news/articles/cgr0dyy152jo ICYMI: Here are previous documents the Security Committee has shared: • Tech Travel Tips : https://web.tresorit.com/l/hmKP6#FFHiLuu45pSJtMo_Z9Zp9Q • Why defending your right to privacy is important: https://web.tresorit.com/l/73FHq#ip5_zE6hhWkuaDMBAAhpYw • Introduction to VPN https://web.tresorit.com/l/WHdqz#-zI5O7Q2zHznO_NG7aZWPQ • Three Security Steps to Take Today: https://web.tresorit.com/l/417K9#CaDJOcOrEOta4T5oDlNsYw • Practice Safe Data Security: https://web.tresorit.com/l/hiw9s#wOykkL6Lh_Hz_TbRsiCiEQ Read all the details in the PDF here: https://web.tresorit.com/l/W6ots#IydZ2pnTmE1MLPJLkLZ73A For the Gaslit Nation Book Club – First Meeting at the Gaslit Nation Salon on February 24 at 4pm ET: Man's Search for Meaning by Viktor Frankl https://bookshop.org/p/books/man-s-search-for-meaning-viktor-e-frankl/8996943?ean=9780807014271 The Stranger: Introduction by Keith Gore Albert Camus (Author) Matthew Ward (Translator) https://bookshop.org/p/books/the-stranger-introduction-by-keith-gore-albert-camus/18890716?ean=9780679420262