Amazon’s dominance doesn’t merely rely on competing with sellers on its platform. It extracts a deep cut from every transaction, at the expense of sellers and customers.
corporate power
Posted inEconomic Policy
How Corporate Welfare Hurts You
When corporations get special handouts from the government, we have to pay more in taxes to make up for these hidden tax breaks, subsidies, and loopholes.
Posted inEconomic Policy
The SEC Remains a Secondary Concern to Chuck Schumer
The Senate Minority Leader mismanaged an appointment to the agency last year, keeping a Democratic seat open for months. Will he do the same again?
Posted inEconomic Policy
America’s Real Divide Isn’t Left vs. Right. It’s Democracy vs. Oligarchy.
The only way to overcome the oligarchy and Trump’s divide-and-conquer strategy is for the rest of us to join together and win America back.
Posted inEconomic Policy
At Netroots Nation, a Worker’s Voice Spoke Volumes
Sarah Woodhams, a laid-off Toys “R” Us employee, highlighted the schemes of private equity, to a somewhat baffled Julián Castro.
Posted inEconomic Policy
The Four Biggest Conservative Lies About Inequality
America’s lurch toward widening inequality can be reversed. But doing so will require bold political steps.
Posted inEconomic Policy
The General Store of the U.S.A.
Do Walmart and Amazon’s logistics triumphs reveal a path forward for a centrally planned economy?
Posted inEconomic Policy
The “Center” of American Politics Is on the Left
More Americans want a robust social safety net than you might think.Â
Posted inEconomic Policy
Neoliberalism: Political Success, Economic Failure
The invisible hand is more like a thumb on the scale for the world’s elites. That’s why market fundamentalism has been unmasked as bogus economics but keeps winning politically.
Posted inEconomic Policy
In the Land of the Giants
This article appears in the Summer 2019 issue of The American Prospect magazine. Subscribe here. I spent the day after the 2016 election at Yale Law School, Hillary Clinton’s alma mater. I was supposed to speak to a foreclosure litigation class about my book Chain of Title, and then address the local chapter of the […]
