Why Wall Street gets a bailout and you don’t (with Matt Stoller)

Why are rich corporations getting more stimulus money from the government, and getting it faster, than small businesses and individuals? Matt Stoller returns to the show to explain how recovery funds are distributed: Money isn’t neutral, and how money travels matters.

Matt Stoller is the author of BIG, a newsletter about monopoly and finance, and the Director of Research at the American Economic Liberties Project. His recent book, ‘Goliath: The 100-Year War Between Monopoly Power and Democracy’, examines how concentrated financial power and consumerism transformed American politics.

How monopolies feed plutocracy (with Matt Stoller)

In his new book ‘Goliath’, author Matt Stoller explains how the 2016 election heralded the return of authoritarianism and populism to American politics, due largely to concentrated financial power and rampant consumerism. This week, Matt joins Nick and Goldy for a conversation about creating a new democracy. nnMatt Stoller is the author of ‘Goliath: The Hundred-Year War Between Monopoly Power and Democracy’ and a fellow at the Open Markets Institute. He is a former policy advisor to the Senate Budget Committee, and also worked for a member of the Financial Services Committee in the U.S. House of Representatives during the financial crisis. nnTwitter: @matthewstollernnFurther reading:nnGoliath: https://www.simonandschuster.com/books/Goliath/Matt-Stoller/9781501183089nnHow Democrats Killed Their Populist Soul: https://www.theatlantic.com/politics/archive/2016/10/how-democrats-killed-their-populist-soul/504710/nnTech Companies Are Destroying Democracy and the Free Press: https://www.nytimes.com/2019/10/17/opinion/tech-monopoly-democracy-journalism.htmlnnBoeing’s travails show what’s wrong with modern capitalism: https://www.theguardian.com/commentisfree/2019/sep/11/boeing-capitalism-deregulation