2349 - The Rise of the New Progressive Economics Era? w/ David Dayen & Matt Stoller
It's Hump Day! Sam speaks with David Dayen, executive editor at The American Prospect, & Matt Stoller of the American Economic Liberties Project and author of the BIG newsletter on SubStack, to discuss their new podcast endeavor entitled "Organized Money". First, Sam runs through updates on the impending US presidential election, Israel’s ongoing slaughter in Lebanon, backlash to Israeli aggression from the US and UK, the Boeing machinist strike, the 2024 election scheme, the Elon-Adelson money machine, Hurricane Helene’s missing persons, Nebraskan voter rolls, and Jerry Seinfeld’s musings on the state of comedy, also watching Sean Hannity attempt to run cover for Trump’s disastrous appearance discussing policy at the Economic Club of Chicago. David Dayen and Matt Stoller then join, diving right into the roots of their new podcast “Organized Money” in contextualizing and unpacking the evolution of a new, justice-oriented approach to business and the role it plays in modern society. Dayen and Stoller parse through the expansive nature of the indoctrinating pressures of neoliberal institutions that wholeheartedly rejected the topic of anti-trust from the realm of valid politics, tackling the story of four Google anti-trust cases across two Democratic administrations (Obama and Biden) as they explore the breaking-of-the-dam moment that was simply bringing these cases to court. After briefly expanding on the major impact of just acknowledging the issue of extreme corporate greed (and the government’s role in it) on US politics as a whole, Matt, David, and Sam step back to explore how this vision of business came to be, with the post-economic crisis vacuum of an alternative to failing neoliberal systems pushing those on the American left to construct an image of an economy not grounded in unfettered power, greed, and exploitation. Wrapping up, they look to the future of this new vision for American business, diving deep into the potential of anti-trust under a kleptocrat like Donald Trump and a seemingly yet-undefined establishment cipher like Kamala Harris. And in the Fun Half: Sam unpacks the Biden Administration’s most recent move threatening to apply US law to arms transfers to Israel, Ted Cruz lapses his lack of a backbone as he challenges Colin Allred on the debate stage, and Elon Musk reflects on just how funny his penis truly is. Meredith from Upstate reflects on how Sam’s vocal pauses gave her pause, and Ally from New Hampshire helps us explore the average American’s supposed desire for a militant anti-immigrant crackdown, plus, your calls and IMs! 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