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Monopoly Is Tyranny

Massive companies like Amazon, Google, Pfizer, and Uber don’t merely dominate an industry: They dominate our lives.

Illustration by Sarah Wilson-Austensen

The economy as we know it is populated by gigantic corporations, behemoths that have bought up not only their competition but also the businesses supplying or otherwise supporting them. Such monopolies act as a “rival form of government,” explains Zephyr Teachout, the author of Break Em Up: Recovering Our Freedom From Big Ag, Big Tech, and Big Money. On Episode 12 of The Politics of Everything, hosts Laura Marsh and Alex Pareene talk with Teachout about the dangers of allowing these outsize companies to grow unchecked, and what should be done about them.

Later in the episode, Osita Nwanevu, a staff writer at The New Republic and a regular guest on the podcast, discusses liberals’ fears of so-called cancel culture. Will it really undermine liberalism itself? And if not, why is everyone so worked up?