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Monopoly v. Democracy—With Matt Stoller & Zephyr Teachout

Matt Stoller and Zephyr Teachout on how democracy is an economic issue.

Jonathan SmuckerAaron Regunberg and Matt DaSilva

June 2, 2026

Demonstrators participate in a “March on Wall Street” to call for economic justice on August 28, 2025, in New York City.(Angela Weiss / AFP via Getty Images)

The Nation Podcasts

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Monopoly v. Democracy w/ Matt Stoller & Zephyr Teachout / Fighting Fascism
byThe Nation Magazine

We often think of democracy as a political issue, rather than an economic one. Matt Stoller and Zephyr Teachout, two leaders in the anti-monopoly movement, believe that’s a fundamentally false division. They joined us to explain why, as they see it, economic concentration is causing the loss of freedom we are experiencing across so many aspects of our lives, and why this country needs a great “re-illusionment” (or whatever word means the opposite of disillusionment) to fight back against the corporate monopolies ruining everything around us.

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We often think of democracy as a political issue, rather than an economic one. Matt Stoller and Zephyr Teachout, two leaders in the anti-monopoly movement, believe that’s a fundamentally false division. They joined us to explain why, as they see it, economic concentration is causing the loss of freedom we are experiencing across so many aspects of our lives, and why this country needs a great “re-illusionment” (or whatever word means the opposite of disillusionment) to fight back against the corporate monopolies ruining everything around us.

Subscribe to The Nation to support all of our podcasts: thenation.com/subscribe.

The Nation Podcasts

Here's where to find podcasts from The Nation. Political talk without the boring parts, featuring the writers, activists and artists who shape the news, from a progressive perspective.

Chud of the Rings w/ Bret Devereaux / Fighting Fascism
byThe Nation Magazine

We all love making fun of fascists. But Dr. Bret Devereaux makes an art of it. Bret is a historian of antiquity and a Tolkien scholar, and he doesn’t suffer fools. He’s been going at it with the world of online chud “historians” — the fascists who say they’re fighting to defend “Western Civilization,” something they’ve never bothered to actually try to understand. And he has similarly choice words for the far right billionaire freaks who idolize, and utterly misunderstand, the Lord of the Rings.

This is a genuinely delightful conversation for nerds like us. But it’s also a serious look into the ways the far right misuses history and literature to advance their fucked up worldviews — and how we can fight back.

Check out Bret’s WONDERFUL blog, A Collection of Unmitigated Pedantry, at acoup.blog.

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Jonathan SmuckerTwitterJonathan Smucker is cofounder and executive director of Popular Comms, a cofounder of Pennsylvania Stands Up, and the author of Hegemony How-To: A Roadmap for Radicals. He has worked for over 25 years as a political organizer, campaigner, and strategist, and has trained thousands of organizers and social movement participants.


Aaron RegunbergTwitterAaron Regunberg is a climate lawyer, a contributing editor at The New Republic, and a former Rhode Island state representative.


Matt DaSilvaMatt DaSilva is a co-host of the Fighting Fascism podcast.


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