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This week we’re taking a closer look at the idea that “capitalism breeds innovation.” Does it?
Elise digs into our troubling corporate track record of stifling competition and creating mega-monopolies, including the co-opting of a beloved board game.
She tells us how the Sherman Antitrust Act came to be and why it’s more necessary than ever today.
Other topics include retro-futurism, ghost comedies, and closing the wealth gap.
Story: Monopolies and The Landlord’s Game (Elise)
Sources:
Sherman Antitrust Act, Investopedia, June 2022
U.S. AND PLAINTIFF STATES V. GOOGLE LLC, The US Dept of Justice
The Department of Justice today filed a civil antitrust suit charging American Telephone and Telegraph, US Dept of Justice, Nov 1974
Antitrust Laws: What The Are, How They Work, Major Examples, Investopedia, June 2022
There Is Growing Segregation In Millennial Wealth, NPR, April 2021
The Antitrust Laws, Federal Trade Commission
FTC Antitrust Challenge to Meta Is a Needed Corrective, Bloomberg, Sept 2022
The secret history of Monopoly: the capitalist board game’s leftwing origins, Guardian, April 2015
John Sherman, Wikipedia
Georgism, Wikipedia
The Dump
We’ve been listening to the latest Drilled episode on climate disinformation and COP27, and watching Ghosts, White Lotus and Inside Man.
Check out Elise’s vintage shop page Heiss Vintage if you live in Austin and want to know when she’s doing pop-ups!
The World Is Burning bookshop is live! Help us come up with book list titles and bulk up our reading list.
Our World is Burning themed playlist is on Spotify.
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