On today's show, David and Matt sit down with Tim Wu, the man who coined the term “net neutrality”, about his new book, The Age of Extraction: How Tech Platforms Conquered the Economy and Threaten Our Future Prosperity. They discuss how tech platforms went from scrappy innovators, enabled by a robust regulatory state, to the massive, extractive platforms we know today. Wu walks through the early idealism of the internet, the missed warnings about platform power from the likes of Bill Gates and Eric Schmidt, and the moment Silicon Valley embraced monopoly as a business model. Along the way, he connects the dots between Big Tech, rising inequality, and the political risks of letting a few companies control so much of modern life.
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54:17
The Bad Seed: Another Side Of The Farmer Revolt
It’s one of the most surprising and least understood stories in American agriculture: the monopoly over the seeds that grow our food. Farmers are facing a “seed squeeze,” where two companies, Bayer and Corteva, control 90% of the seed corn market, driving up prices even as crop profits fall. Matt and David speak with Independent seed producer John Latham and industry veteran Todd Martin about how intellectual property, patents, and corporate consolidation have turned seeds into billion-dollar assets to the point that farmers sometimes destroy perfectly good seed just to survive and ultimately impact your grocery bill.Check out John's testimony from the Senate Hearing on Competition Issues in the Seed & Fertilizer Industries. If you love Organized Money, support us! Go to Organizedmoney.fm to subscribe to our newsletter, or Organizedmoney.fm/donate to throw us a donation. It helps us keep the lights on!
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50:56
The Election And Tariffs At The Supreme Court
From Zohran Mamdani in New York City, to Mikie Sherrill in New Jersey, Democratic candidates are putting populist economic messages at the center of their campaigns. On today’s show, Matt and David break down the dynamics of this week’s elections and share their predictions. Then, they’re joined by Organized Money alum Lori Wallach, director of Rethink Trade at the American Economic Liberties Project, to preview Wednesday’s Supreme Court arguments on Trump’s tariffs. They discuss whether the justices will allow Trump his unprecedented power over trade policy or, like the lower courts, move to rein in the executive's power.
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45:09
The Dark Side Of The McDonald's Monopoly Contest
Today on the show, Matt and David sit down with Sam Levine and Stephanie Nguyen, formerly of the FTC under Lina Khan, to discuss the dark side of customer loyalty programs like frequent flyer miles, corporate discount cards, and ordering apps from chains like Starbucks and McDonalds. Their new paper, The Loyalty Trap: How Loyalty Programs Hook Us with Deals, Hack our Brains, and Hike Our Prices, exposes the lengths these programs go to to get you into their ecosystem in order to harvest your data, exploit it, and manipulate you to spend more, sometimes with surveillance pricing strategies. Together they discuss why these programs have proliferated, why they are so effective, and why they have been so difficult to regulate.If you love Organized Money, support us! Go to Organizedmoney.fm to subscribe to our newsletter, or Organizedmoney.fm/donate to throw us a donation. It helps us keep the lights on!
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56:23
Snitching As A Service - The Antifraud Company
This week on Organized Money, David and Matt sit down with Sahaj Sharda and David Barclay, co-founders of The Anti-Fraud Company, a scrappy new startup aiming to turn corporate whistleblowing into a business model. Sharda, a 27-year-old anti-monopolist and author of The College Cartel, and Barkley, a former FTC attorney known for busting healthcare fraud, explain how they’re using data tools, lawsuits, and a solid dose of nerve to tackle the half-trillion dollars in government fraud that drives up prices for everyone. It’s a new approach to turning outrage into action, or, as they put it, “snitching as a service.”If you love Organized Money, support us! Go to Organizedmoney.fm to subscribe to our newsletter, or Organizedmoney.fm/donate to throw us a donation. It helps us keep the lights on!
Organized Money is a podcast about how the business world really works, and how corporate consolidation and monopolies are dominating every sector of our economy. The series is hosted by writers and journalists Matt Stoller and David Dayen, both thought leaders in the antimonopoly movement. Organized Money is a fresh spin on business reporting, one that goes beyond supply and demand curves or odes to visionary entrepreneurs. Each week Matt and David break down the ways monopolies control everything from the food we eat, to the drugs we take, the way we communicate and even how we date. You’ll hear from workers, business leaders, antitrust lawyers, and policymakers who are on the front lines of the fight for open markets and fair competition.If you care about an economy that is free and open, one not controlled by a handful of corporations, Organized Money is for you. New episodes out every week until the end of the year. Organized Money is a Rock Creek Sound production, from executive producers Ari Saperstein and Ellen Weiss, and senior producer Benjamin Frisch.
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