A damning New York Times report on the social media giant only reinforces the need to resurrect sweeping antitrust laws.
Populism and progressivism were fueled by idealistic dreams, but in the end they were dragged down by self-interest and racism.
While much of the world faces deepening poverty, a tiny handful of people have increased their wealth by more than $1 trillion.
Wealth is more concentrated now than it was in John D. Rockefeller's day.
In one year, the Donald Trump regime has wrought immense damage to democracy, culture and thought. But there’s new hope.
The vile election of 2016 doesn’t seem to offer much hope. But future historians looking back on the tumult might see the start of another era of fundamental reform.
In this new Gilded Age, Big Tech—along with Big Pharma, giant health insurance companies, Big Agriculture and the largest banks on Wall Street—is dominating our economy and our politics.
Aversion to the new industrial order and a “democratic feeling” in the late 19th century brought workers, storekeepers, lawyers and businessmen of all sorts together, appalled by the behavior of large industrialists who often enough didn’t live in those communities and so were the more easily seen as alien beings.
The “long nineteenth century” of class against class climaxed in the labor insurgency that followed the Great Crash of 1929. It seemed to resolve itself in the New Deal. But the questions it raised have endured, resurfaced, and grown more pressing of late.