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    Business

    Organized Money

    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 everything from the food we eat, to the drugs we take, the way we communicate and even how we date. You’ll hear from workers, business leaders, antitrust lawyers, and policymakers who are on the front lines of the fight for open markets and fair competition.

    If you care about an economy that is free and open, one not controlled by a handful of corporations, Organized Money is for you. New episodes out every week until the end of the year. Organized Money is a Rock Creek Sound production, from executive producers Ari Saperstein and Ellen Weiss, and senior producer Benjamin Frisch. 

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    Copyright: © 2024 Organized Money

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    Latest Episodes:
    Vikings at the Gate: The TikTok Sovereignty Fight Jan 30, 2025
    Show notes

    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 Supreme Court brief supporting the law. They reveal how TikTok's case could reshape how we regulate Big Tech, exploring thorny questions about algorithmic control, foreign ownership of communications infrastructure, and whether Americans should trust Silicon Valley any more than Beijing.
    The episode offers a surprisingly hopeful take on a watershed moment in the ongoing struggle to govern digital platforms, suggesting that meaningful tech regulation might finally be possible – if we're willing to try.


    The Last Days of Antitrust Enforcement Jan 22, 2025
    Show notes

    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, and challenges to the most powerful companies in the country. These were actions that these agencies worked on for years, that they put through just under the wire. It really paints a picture of what we've lost—and what we can have again, throughout the executive branch, if people just decide to govern.
    On this episode, Matt and Dave do a lightning round of actions from these three agencies in the past three weeks, and explain both why we'll miss this work in the future, and why some of it may just endure."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 farm to table.
    Read the FTC report mentioned in the episode here: www.ftc.gov/system/files/ftc_gov/pdf/ftc-accomplishments-june-2021-january-2025.pdf


    Who Really Controls Your Food? Dec 17, 2024
    Show notes

    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 farm to table.
    Drawing from his recent report "Kings Over the Necessaries of Life," Musharbash traces this consolidation through pivotal moments in American history, from the sweeping reforms of the 1930s New Deal to the deregulation of the 1970s and 80s. He tells Matt and David how today's agricultural giants wield their market power to shape everything from seed prices to distribution networks, often at the expense of farmers and consumers alike.


    The most hated man on Wall Street; Rohit Chopra, head of the Consumer Financial Protection Bureau Dec 10, 2024
    Show notes

    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 aggressive oversight has powerful enemies. Tech billionaire Marc Andreessen claims Chopra is "terrorizing" banks and pushing them to cut off services to people based on politics. In this episode, Chopra sits down with Matt and David to set the record straight—and to explain how CFPB is actually fighting to make sure banks can't discriminate against anyone, while preventing powerful actors from rigging the financial system in their favor.


    The great American drug shortage isn't an accidient, its artificial Dec 03, 2024
    Show notes

    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 a losing game for manufacturers, leading to dangerous shortages of life-saving medications. Rather than delivering on free market promises of innovation and competition, this system produces something far more sinister: price-gouging, monopoly control, and manufactured scarcity.
    Our guide through this pharmaceutical maze is Tim Ward, president and chief legal officer of Hercules, an independent pharmaceutical wholesaler fighting to survive against industry giants. Ward offers an insider's view of how a handful of corporations gained the power to determine which medications Americans can—and can't—access.


    The Democratic Party and Corporate Power with Rep. Chris DeLuzio Nov 26, 2024
    Show notes

    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 powerful forces harming their constituents. Deluzio says you need a clear vision and bold messaging: "Not every issue has a win-win solution. Sometimes there’s a bad guy, and you’ve got to be willing to fight them."


    FanDuel and DraftKings and the online betting duopoly Nov 19, 2024
    Show notes

    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 psychiatrist whose life was deeply affected by online gambling addiction. Together, they uncover how corporate giants and state governments profit at the expense of millions, fueling addiction and financial ruin.
    Check out the Al Jazeera documentary " The Big Gamble": https://www.youtube.com/watch?v=fQ9qp9UftEE.
    And the New York Times investigation into online sports betting: https://www.nytimes.com/2023/02/10/podcasts/the-daily/sports-betting-lobbying-laws-states.html


    Baby Formula Monopoly with Laura Modi, CEO of Bobby Nov 12, 2024
    Show notes

    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 production facilities because of contamination. Modi explains the significant barriers to entry in the industry, and how the WIC (Women, Infants, and Children) program's state-by-state exclusive contracts with formula manufacturers have historically reinforced market concentration.


    Voters Want Antitrust! with Arizona Attorney General Kris Mayes Nov 05, 2024
    Show notes

    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 lawsuit went viral. And now, voters are telling campaign staff at the doors that they love what Mayes did and want more of it. Rent, antitrust, corporate power, and elections, all in one episode.


    Monopolies and Censorship in Elections with Ken Klippenstein Oct 29, 2024
    Show notes

    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 suspended his account and blocked links to his Substack. People that shared his post on X had their accounts suspended and were told to take down the post if they wanted their accounts reinstated. This is a cautionary tale about how Big Tech uses its power to limit speech, and how that's not limited to going after one political party or persuasion.
    Check out Ken's site here: https://www.kenklippenstein.com


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