1
WeWork and Counterfeit Capitalism
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Matt Stoller (BIG)
The history and politics of monopoly power. Click to read BIG by Matt Stoller, a Substack publication with hundreds of thousands of subscribers.
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Visit mattstoller.substack.com → RSS feedOn Hacker News Jun 2019 – Apr 2023
Tech Industry & Business 27Society, Policy & Culture 20Infrastructure & DevOps 1
2
Amazon Prime inflates prices, using the false promise of ‘free shipping’
A new antitrust case shows that Prime inflates prices across the board, using the false promise of 'free shipping' that is anything but free.
3
Why Taxpayers Pay McKinsey $3M a Year for a Recent College Graduate Contractor
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4
Will Spotify Ruin Podcasting?
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5
Soldiers speak out about being blocked from repairing equipment by contractors
Louis Rossmann has created a movement around right to repair. It's not just iPhones. It's everywhere.
6
Biden launches action on "Big Tech, Big Pharma, and Big Ag" – can it be real?
"In the late 1930s, FDR’s Administration supercharged antitrust enforcement, increasing more than eightfold the number of cases brought in just two years."
7
Google’s lawyer accidentally made a sensitive document public
A redacted document showed extremely sensitive information. Google's lawyer accidentally made it public.
8
Why is Booz Allen renting us back our own national parks?
In 2017, consulting giant Booz Allen cut a deal with the government to extract junk fees from Americans who want to use Federal lands and waters for hunting or fishing. Will Congress or Biden act?
9
Google's Monopoly-Based Foreign Policy
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10
The Coming Boeing Bailout?
(Big issue 7-3-2019)
11
How Equifax Became a Private IRS
At a Goldman Sachs conference in December, Equifax CEO Mark Begor told investors that his company has a monopoly in an obscure but important area - selling data about your salary to third parties.
12
The smash and grab of Kroger-Albertsons
The Kroger-Albertsons supermarket deal is uglier than you might expect. The "special cash division" of $4 billion may be intended to get around antitrust enforcers.
13
High beef prices and the destruction of independent cattle ranching
Agricultural economists manipulated data to block Congress from acting on high beef prices and the destruction of independent cattle ranching. Why? Because they think monopolies are good.
14
A salt monopoly could spike car accidents in the Midwest
Michael Milken, private equity, and a salt roll-up are showing we're in for shortages and price spikes.
15
The Slow Death of Hollywood
(Big issue 7-9-2019)
16
A Wave of Fear in American Commerce
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17
An Economy of Overfed Middlemen
A venture capitalist called Equal Ventures just says it straight-up, we seek to invest in monopolization.
18
Mergers ruin everything
Bad merger policy is why wealth and power is so consolidated in America. But last month, two government enforcers started to turn the table on the monopolies who run our economy.
19
Monopoly supplier of critical Pentagon semiconductors shuts down its production
Monopoly Supplier of Critical Pentagon Semiconductors Shuts Down Its Production.
20
How important are 'economies of scale'?
How important are 'economies of scale' in production and innovation?
21
Airplanes and Accounting Games: The Coming Boeing Collapse?
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22
An Economy of Godzillas: Salesforce, Slack, and Microsoft
Salesforce-Slack and Penguin-Simon & Schuster both show a failure to enforce antitrust laws creates monopolies.
23
Stop the Coronavirus Corporate Coup
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24
Why Did Congress Just Vote to Break Up Big Tech?
The Judiciary Committee voted 21-20 to split up Google, Amazon, Apple, and Facebook. What happened was unbelievable.
25
The Military-Industrial Stock Buyback Complex
Why is the US military ceding ground to China? As a new DOD report shows, big defense contractors are middlemen whose main purpose is stock buybacks and dividends.
26
Iowa Caucuses, the Blob, and the Democratic Party Cartel
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27
Crime Shouldn't Pay: Why Big Tech Executives Should Face Jail
Mark Zuckerberg and Sundar Pichai need to be indicted.