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Organized Money

Rock Creek Sound

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Organized Money is a podcast about how the business world really works, and how corporate consolidation and monopolies are dominating every sector of our economy. The series is hosted by writers and journalists Matt Stoller and David Dayen, both thought leaders in the antimonopoly movement. Organized Money is a fresh spin on business reporting, one that goes beyond supply and demand curves or odes to visionary entrepreneurs. Each week Matt and David break down the ways monopolies control eve ...
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DNA science. Artificial intelligence. Smartphones and 3D printers. Science and technology have transformed the world we live in. But how did we get here? It wasn’t by accident. Well, sometimes it was. It was also the result of hard work, teamwork, and competition. And incredibly surprising moments. Hosted by bestselling author Steven Johnson (“How We Got To Now”), American Innovations uses immersive scenes to tell the stories of the scientists, engineers, and ordinary people behind the great ...
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Ever wonder why the price of your rent or even a bag of frozen potatoes seems to jump for no clear reason? It could be the result of “surveillance pricing”—where companies use your personal data and powerful algorithms to set prices just for you, often squeezing consumers and renters alike. Matt chats with antitrust lawyer Lee Hepner about the rise…
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"I was served papers while picking up my children from school." That was the beginning of Arizona real estate broker Courtney Van Kott's shocking six-year legal nightmare to fight a non-compete. As a young mother just starting in real estate, Courtney tells Matt she was pressured to sign a contract requiring her to pay 75% of commissions earned for…
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Ever wonder how corporations gained so much power? In this episode, David and Matt explore a pivotal moment in the 1970s when Supreme Court Justice Lewis Powell wrote a memo that would reshape American capitalism. Guests David Seligman and Luke Goldstein explain how Powell's legal maneuvering essentially rewrote antitrust rules, enabling corporatio…
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We’re diving back into tariffs! This time, David and Matt chat with Mike Beckham, co-founder and CEO of Simple Modern, to break down what the new U.S. tariffs on Chinese imports really mean for businesses and shoppers. Mike shares his firsthand stories from the trenches of global supply chains and his efforts to bring manufacturing back to the U.S.…
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What’s the real-world fallout of the newly imposed 145% tariffs on Chinese imports? Matt and David speak to Molson Hart, someone smack in the middle of the current tariff debate. Molson is an entrepreneur and toy company founder with firsthand experience in global manufacturing. He breaks down the step-by-step journey of a product from design to de…
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Lamont Jones leaves Dauphin County Prison for the last time, a free man ready to move on with his life. But when his young cousin dies in that same jail, he learns that this is not the only mysterious death that has plagued Dauphin County Prison. The search for the truth will put him at odds with a reality TV show coroner who claims to speak for th…
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Today, we go courtside at two landmark tech antitrust trials unfolding in the DC District Court: the Department of Justice’s remedy hearing against Google, and the Federal Trade Commission’s monopolization case targeting Meta (Facebook). David and Matt speak with two lawyers and antitrust experts Laurel Kilgore and Brendan Benedict who are covering…
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Spurred on by Trump, Covid, and climate change, leaders are taking a more hands-on approach to shaping markets that would be seen as impossible a few years ago—but as our guest today argues, this kind of marketcraft is actually a long American tradition. Today, Matt and David welcome Chris Hughes, one of Facebook's founders, to the show to talk abo…
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Ever wonder what it's like to take on Google with a tiny government team? In this episode David and Matt are back with part two of their interview with Jonathan Kanter, who until recently led the DOJ's antitrust team. Kanter doesn't hold back, sharing what really happens when you sue tech giants, meatpackers, and ticket monopolies while working wit…
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Since taking office in January, Trump has issued several executive orders targeting major Democratic-aligned law firms, revoking their security clearances and threatening the government contracts of their clients. These law firms are among the "big law" firms that not only wield a great deal of money and power in Washington but also play a signific…
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Why is it that Walmart can sell bananas for less than what an independent grocer pays for it wholesale? In this episode, David and Matt expose how major retailers like Walmart and Dollar Stores use their sheer size to strong-arm suppliers into giving them special deals—while smaller, independent grocers are stuck paying higher prices. They talk to …
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On March 18th, the White House sent a letter to the two democratic commissioners at the FTC that they had been fired. Clear Supreme Court precedent reinforces that FTC commissioners cannot be fired at-will by the executive. So what happens next? Today on the show Matt and David talk to one of those commissioners, Alvaro Bedoya, about his attempted …
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How did Silicon Valley's ideology go from utopian dreams to self serving power grabs? David and Matt dive into the power dynamics of Big Tech with author, activist, and anti-monopoly advocate Cory Doctorow. They explore how Silicon Valley’s early ideals of openness and innovation gave way to corporate dominance, leading to what Doctorow calls “ensh…
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Are Elon Musk's efficiency strategies brilliant or reckless? David and Matt explore this question with procurement expert Rich Ham, CEO of FineTune, who reveals what efficiency really means in large organizations. They discuss how companies often waste money through inefficient buying of complex services, Rich explains how slashing budgets isn't al…
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What does it look like when government actually works for the people? Matt and David explore this question with Lina Khan, whose groundbreaking tenure as FTC Chair rewrote the playbook for federal agencies. Khan details how she transformed an understaffed agency into the spearhead of a governance revolution - confronting corporate giants, championi…
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When it comes to utilities - why are we paying so much for service that can be so unreliable? In this episode, Matt and David expose how a small group of economists and some untrustworthy models have allowed utility companies to inflate rates and spend on dubious projects. Former utility executive Mark Ellis helps explain the "scam" that has misled…
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Former DOJ Antitrust Division head Doha Mekki takes us behind the scenes of some of the most consequential monopoly cases in recent history, including the landmark Google search case. Drawing from her unique experience serving in both the Trump and Biden administrations, Mekki reveals how antitrust enforcement is essentially "policing for white col…
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The recent egg shortages and avian flu outbreaks aren't just hurting our pocketbooks, they reveal how the consolidation of American agriculture has created dangerous vulnerabilities in our food system. David and Matt dive deep into the precarious state of American farming with Jeff Bender, a North Carolina farmer with 40 years of experience. Bender…
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When Congress moved to force TikTok's sale from its Chinese parent company ByteDance, it sparked a complex battle over national security, free speech, and the future of tech regulation. Matt and David bring together unlikely allies Zephyr Teachout, a progressive law professor, and Joel Thayer, a conservative tech policy expert, who co-authored a Su…
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Donald Trump is president, but just before he took office, the heads of the agencies that did most of the governing in the Biden era got to work. The Federal Trade Commission, the antitrust division of the Justice Department and the Consumer Financial Protection Bureau got to work, finalizing a flurry of new rules, lawsuits, enforcement actions, an…
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Most Americans know their food passes through many hands before reaching their plates, but few realize just how concentrated that chain of production has become. In this final episode of the season, antitrust lawyer Basel Musharbash reveals how roughly three dozen corporations have come to dominate nearly every aspect of America's food system, from…
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Wall Street's biggest players have a nemesis: Rohit Chopra. As head of the Consumer Financial Protection Bureau, he's the watchdog who coined the term "junk fees" and has saved Americans billions by cracking down on them. Over the past decade he has emerged as a leader in three critical areas: antitrust, finance, and student debt. But this aggressi…
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The Great American Drug Shortage isn't an accident - it's by design. In this eye-opening episode, we expose how three powerful drug distributors seized control of 90% of America's pharmaceutical supply chain, creating an artificial crisis that puts profits over patients. Behind the scenes, shadowy middlemen have turned the generic drug market into …
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Rep. Chris Deluzio (D) defied Pennsylvania's red wave, outperforming Kamala Harris in working-class areas outside of Pittsburgh to secure re-election. He joins David and Matt to talk about what the Democratic party can learn from his victory. Deluzio says Democratic candidates in tough races won by focusing on pocketbook issues and standing up to p…
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Americans lose over $150 billion annually to state lotteries, casinos, and online gambling—that’s $300,000 every minute. How did gambling become so entrenched in American life? And how are FanDuel and DraftKings driving this crisis? In this episode, we’re joined by Les Bernal, National Director of Stop Predatory Gambling, and Dr. Kavita Fisher, a p…
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When Laura Modi launched Bobby in 2020, it was the first infant formula company to enter the U.S. market in over six years. At the time, the U.S. baby formula industry was dominated by two major players (Abbott and Reckitt) they controlled 80% of the market. Two years later, that monopoly would lead to a crisis when Abbott Labs shut down its main p…
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In the battleground state of Arizona, voters are telling campaigns that they want more antitrust! Earlier this year, state Attorney General Kris Mayes sued a bunch of corporate landlords and a software company called RealPage for illegally raising rents in Phoenix and Tucson using an algorithm, hiking the cost of renting by as much as 20%. Her laws…
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We hear a lot about how Big Tech uses algorithms to serve up information - but on this episode, we have a story about how they also use their power to control what you can see and hear. After independent journalist Ken Klippenstein wrote a story sharing a dossier about J.D. Vance, allegedly obtained in an Iranian hack of the Trump campaign, X suspe…
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Maggie Goodlander is running for Congress from New Hampshire by running against monopolies. What's it like to mount a political campaign built on antitrust, and can you win with that kind of messge? We speak with Maggie and hear from other candidates who taking a similar message to the voters in their districts. Check out the candidates we spoke to…
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In Part 1, we heard how pharmacists are trying to push back against the monopolistic and harmful practices of PBMs. Today, we hear from another avenger who is taking the battle against PBMs to his workplace on Capitol Hill. Representative Jake Auchicloss is a co-sponsor of the bipartisan Pharmacists Fight Back Act, the most comprehensive PBM reform…
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What would you do if you owned an independent pharmacy and you discovered that the only way to actually make money would be to stop filling most prescriptions? This is what our guest Benjamin Jolley sees everyday. As a third generation independent pharmacist, he's watched as an industry of middlemen have taken control over a transaction that they l…
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Today, just four companies—Walmart, Kroger, Costco and Albertsons—account for about half of all grocery sales in the country. And two of them, Kroger and Albertsons, want to merge. If approved, it would be the largest supermarket merger in history. Together they employ 700,000 people across some 5,000 stores. But regulators are fighting back, argui…
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Google just lost the biggest tech antitrust court ruling since the 1990s. And now the fate of Google’s search preeminence is TBD. But the question we’re asking in this episode; What took so long? This trial could have happened 11 years ago, but didn’t. Why not? How did Google avoid the antitrust arm of the government for so long? How did the case a…
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In the summer of 2010, a mysterious computer virus called Stuxnet lands on the desk of Symantec cybersecurity analyst Liam O’Murchu. Stuxnet is unlike anything O’Murchu has ever seen: a highly sophisticated piece of malware that serves no obvious purpose. O’Murchu and his colleagues are determined to figure out how it works and who’s behind it -- b…
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Even as recently as the early 1950s, we didn’t understand that there were different types of memory, or how the brain processed and stored memories. Then, in 1953, a radical surgery by a reckless doctor gave us tremendous insights into how human memory works. Those scientific gains came at a terrible cost, however. The surgery left the patient, Hen…
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What if you could design a spy plane that could be flown remotely and hover in the sky for hours, providing reconnaissance for troops on the ground? In the early 1980s, the visionary inventor Abe Karem begins building drones out of his L.A. garage. Soon, the Pentagon and the CIA take notice. Though he faces many challenges, Karem is on the forefron…
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Today social media is such a dominant part of our daily lives, it's hard to believe that only 20 years ago, it didn’t exist. Then a newly single tech entrepreneur named Jonathan Abrams wondered: What if you could use the internet to expand your network of real-life friends? His simple idea became Friendster, the first social media site, which would…
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In the late 1970s, oil and natural gas fields across the U.S. were drying up, making the country increasingly dependent on foreign oil. Then, a Texas energy magnate named George Mitchell decided to try extracting natural gas from shale, a layer of rock almost two miles beneath the surface, using a technique called hydraulic fracturing, or fracking.…
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Not everyone chooses burial or cremation after death. Some believe in cryonics, freezing their bodies in the hopes of being reanimated sometime in the future. Bob Nelson, a TV repairman with no scientific background, made history when he froze the first human being. But as Nelson would discover, freezing someone is easy; keeping them frozen is a lo…
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No extreme weather phenomenon fascinates us more than tornadoes. For most of human history, very little was known about how these graceful yet violent columns of swirling air formed or behaved. Then, in the 1950s, a teenager from North Dakota began chasing them, and a scientist from Japan began studying them. Together, they started a movement. You …
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Hackers: the criminals who prey on our digital lives. Today they steal credit cards and personal information, or even commit acts of cyber-terrorism. But in the early days, hackers were largely seen as harmless pranksters. And it wasn’t computers they were initially interested in, but phones -- which they hacked with a mysterious device called the …
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In the 1940s, as planes got faster, it seemed like they were hitting a wall -- literally. Many pilots tried to travel faster than the speed of sound, often with fatal results. Could American test pilot Chuck Yeager succeed where they had failed? Or would his daredevil attitude get him grounded before he gets a chance? You can binge all episodes of …
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Humans are shockingly bad at telling whether or not someone is lying. That’s why, a century ago, psychologists and criminologists developed machines to detect lies for us, by measuring blood pressure, pulse, and breathing rate. Their lie detectors promised to revolutionize the criminal justice system. But is it really possible for science to separa…
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Even after the Apollo program put astronauts on the moon, Mars remained out of reach. Then, in 1990, an ambitious engineer hatched an ingenious plan to send the first humans to the red planet. But will anyone at NASA buy into his idea? You can binge all episodes of American Innovations exclusively and ad-free on Wondery+. Find Wondery+ in the Wonde…
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2020 has been a year of struggle, uncertainty and loss. It has also forced us to adapt and innovate in nearly every aspect of our lives. But no innovation this year has been more important and more astounding than the Covid-19 vaccine. On this year-end episode, Steven talks to Bruce Gellin, president of Global Immunization at the Sabin Vaccine Inst…
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In the 19th Century, the telegraph is the cutting edge of communication. No one can imagine anything better—except Alexander Graham Bell. You can binge all episodes of American Innovations exclusively and ad-free on Wondery+. Find Wondery+ in the Wondery App or on Apple Podcasts. See Privacy Policy at https://art19.com/privacy and California Privac…
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All Andy Hildebrand wanted to do was make a computer program to help singers sound better. He never expected it to kick off a battle for the soul of modern music. You can binge all episodes of American Innovations exclusively and ad-free on Wondery+. Find Wondery+ in the Wondery App or on Apple Podcasts. See Privacy Policy at https://art19.com/priv…
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In the early 1980s, a mysterious new disease spread like wildfire through the gay communities of major U.S. cities. Before it even had a name, AIDS had already killed over half its victims. Public response was hampered by ignorance, fear, and homophobia. This is the story of the doctors, scientists and activists who risked everything to lead the fi…
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