Elizabeth Warren: The New Monopolies Are Destroying Our Economy and Democracy

Elizabeth Warren: The New Monopolies Are Destroying Our Economy and Democracy

Elizabeth Warren: The New Monopolies Are Destroying Our Economy and Democracy

George Zornick speaks to the senator, David Dayen on Warren Buffett, and Katha Pollitt on Trump and women.

Start Making Sense and Jon Wiener
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Senator Elizabeth Warren wants to make the fight against monopoly power in America a key part of the Democrats’ agenda; George Zornick reports on his interview with her for the magazine’s special issue on the topic.

Also, Warren Buffett’s secret: “The sage of Omaha” is America’s favorite tycoon. He supported Barack Obama and Hillary Clinton for president; even Bernie Sanders has praised his unselfishness. But David Dayen says Warren Buffett’s wealth has actually been built on monopoly power—and the unfair advantages it provides.

Plus: Trump and that white working-class woman who voted for him. Is she “stupid,” “gullible,” and “turned on by Trump’s bigotry”? Katha Pollitt comments on Renee Elliott, the laid-off worker at that Carrier plant in Indiana—her recent speech at a labor-group press conference made her the face of the white working-class Trump voter.

 

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With the midterm elections now firmly upon us, the question is whether Democratic candidates will do more than merely occupy ballot lines as mild alternatives to the red-hot crisis that is Donald Trump.

As Trump spends over $1 billion a day on a globally destabilizing war on Iran and admits that he doesn’t “think about Americans’ financial situation,” millions across the country are struggling with the surging costs of essentials. Democrats must seize this moment and advance bold, small-“d” populist ideas—not settle for cynical caution that once again snatches defeat from the jaws of victory.

The Nation elevates progressive ideas, movements, and elected officials achieving real change across the country into the national conversation. At the same time, our journalists are exposing how crypto and AI-funded super PACs are spending hundreds of millions of dollars to knock out candidates they oppose, reporting on the devastating impact of the Supreme Court’s evisceration of the Voting Rights Act, and sounding the alarm on attempts by red states to quickly redraw electoral maps, disenfranchising Southern Black voters.

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Onward,

Katrina vanden Huevel
Editor and Publisher, The Nation

Start Making Sense Start Making Sense is The Nation’s podcast, hosted by Jon Wiener and coproduced by the Los Angeles Review of Books. Subscribe on Apple Podcasts or wherever you get your podcasts for new episodes each Thursday.  


Jon Wiener Jon Wiener is a contributing editor of The Nation and co-author (with Mike Davis) of Set the Night on Fire: L.A. in the Sixties.


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