Matt Stoller: Goliath - War Between Monopoly Power and Democracy | #054

Just Another Mindset Podcast

In this episode, we talk about why monopolies and the consolidation of power are a root cause to fight. You will learn about Wright Patman and we discuss how monopolists got enabled to misuse their power. We talk about Mergers & Acquisitions and the inception of Private Equity. We talk about the early days at Wall Street and you will learn why companies like Google, Facebook and Amazon became so powerful. You will also learn what makes Matt hopeful in regard to fighting back against monopolistic power and we talk about decentralisation.
Make sure to let me know your thoughts and join the conversation.
Social Matt:
Website: https://mattstoller.substack.com/
Linkedin: https://www.linkedin.com/in/matt-stoller-2000/
Twitter: https://twitter.com/matthewstoller
Book: https://www.goodreads.com/book/show/40538538-goliath
Social Ismael:
Newsletter: https://landing.mailerlite.com/webforms/landing/u2z0q2
Youtube: https://www.youtube.com/channel/UCvd4OFK_0rFnCsu7QhtK4PQ?sub_confirmation=1
Instagram: https://www.instagram.com/ismael_von_der_gathen/
Website: http://Ismaelvondergathen.com
Linkedin: https://www.linkedin.com/in/ismaelvondergathen/
Linktree: https://linktr.ee/Ismaelvondergathen
Links to topics and people discussed in this episode:
Matt Stoller - Goliath: The 100-Year War Between Monopoly Power and Democracy: https://www.goodreads.com/book/show/40538538-goliath
Non Compete Agreement: https://www.investopedia.com/terms/n/noncompete-agreement.asp
Wright Patman: https://en.wikipedia.org/wiki/Wright_Patman
Andrew Mellon: https://en.wikipedia.org/wiki/Andrew_Mellon
Robinson-Patman Act of 1936: https://uk.practicallaw.thomsonreuters.com/0-502-0837?transitionType=Default&contextData=(sc.Default)&firstPage=true
John Maynard Keynes: https://de.wikipedia.org/wiki/John_Maynard_Keynes
Lina Khan: https://en.wikipedia.org/wiki/Lina_Khan
Timestamps:
00:00 Intro - Just Another Mindset Podcast
01:18 What we talked about today
02:22 Welcome Matt
03:50 Why monopolies are the root cause
09:07 Wright Patman
15:59 Power to Monopolists
17:51 Mergers & Acquisitions and Private Equity
24:08 Google, Facebook, Amazon
27:25 Fight back and what the pandemic has changed
32:33 What makes Matt hopeful
33:39 Final question
37:35 Outro - Just Another Mindset
Please note that the The Just Another Mindset Podcast makes no warranty, guarantee, or representation as to the accuracy or sufficiency of the information featured in this Podcast. The information, opinions, and recommendations presented in this Podcast are for general information only and any reliance on the information provided in this Podcast is done at your own risk. This Podcast should not be considered professional advice.