Ep. 93: Nationalize All Of The Things
Amazon is fast approaching $1 trillion dollars in valuation. It's CEO makes $230,000 every minute. It's "disrupting" industries from retail to shipping with plans to "disrupt" banking to health insurance. Furthermore, it operates more or less as a planned economy. Google, Facebook, Apple, and other tech giants are so large that they are becoming monopolies, not to mention "too-big-to-fail." Many writers have discussed the possibility of "trustbusting"--breaking these giants up--but would that really solve the problem? In this episode, we propose, rather, that some measure of public ownership and public control would be a preferable option.
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READING LIST:
Return of the Monopoly: https://newrepublic.com/article/143595/return-monopoly-amazon-rise-business-tycoon-white-house-democrats-return-party-trust-busting-roots
Trust Busting. https://www.esquire.com/news-politics/a15895746/bust-big-tech-silicon-valley/
Silicon Valley BAD. http://www.latimes.com/books/la-ca-jc-world-without-mind-20170912-story.html
Nationalize Musk. http://inthesetimes.com/working/entry/20899/elon-musk-spacex-tesla-falcon-heavy-launch
Comrade Bezos. https://medium.com/s/story/the-singular-pursuit-of-comrade-bezos-3e280baa045c
Amazon: https://www.thenation.com/article/amazon-doesnt-just-want-to-dominate-the-market-it-wants-to-become-the-market/?utm_source=twitter&utm_medium=socialflow
Wristbands: http://inthesetimes.com/working/entry/20934/whole-foods-amazon-ups-tracking-orwell-dystopia
