Are antitrust laws effective as a mechanism to break up monopolies and Big Tech? How monopolies enable price-gouging and drive inflation. Talia Baroncelli speaks to Matt Stoller, Research Director at the American Economic Liberties Project. Please donate at theanalysis.news/donate/ - we can't do this without you. Come visit us at theanalysis.news Sign up for our newsletter: theanalysis.news/newsletter/ Like us on Facebook: facebook.com/TheAnalysisnews-111882350255869 Follow us on: Twitter: twitter.com/paul__jay?lang=en Instagram: instagram.com/theanalysis.news/ Linkedin: www.linkedin.com/company/theanalysis-news #PaulJay #theanalysis #democracy #capitalism #bigtech
This is so awesome or correct question to ask if you believe in free market ( capitalism) big guy creates laws to stop small guy going into business or growing its criminal
The 60's decade was an explosion of social revolution and spiritual evolution. This scared the bejesus out of the ruling class. A culture that pursues purpose, truth and beauty invites new discoveries and that leads to unpredictability, something they abhor. So from the 70's on, the elite class has done everything to stamp out individual creativity and the freedom of spirit. Here is a great discussion on the deliberate uglification of the world as an agenda: The Battle for the Mind: How to Exit an Artificial Reality (Cynthia Chung RTF Lecture) on YT.
It absolutely DOES matter if a program is funded by government as a public service because a healthy society needs adequate public money investment. The Wall St governance of the past 40 years has forced monetary policy on the people, forcing them to use private bank credit instead of government investment. High interest rate credit cards and predatory loans have led to peak private debt, meaning these debts can never be repaid. The use of CBDCs would forever lock money as a private utility, which it isn't. The Great Reset goal is to dissolve the nation-state paradigm altogether.
The other issue is that solar PV has the ability to remove energy from the commodities markets. The investor class is scared of distributed solar for that reason and the political leadership is against it because they lose the political leverage of using energy as a tool. This is one of the biggest reasons why changing from coal to gas wasn't scary to them it kept energy as a commodity.
Re: energy Sorry, but the notion that utilities in the West are resisting non-fossil fuel sources is risible. Even disregarding the literal hundreds of billions set forth by the "Inflation Reduction Act" this year to subsidize alternative energy electricity production, there have been decades of subsidies to get solar PV and wind installed in utilities nationwide in the US. Texas, the epicenter of the fossil fuel industry in the US, produces 1/3 of its grid power from solar PV and wind. The real issue is that solar PV and wind are very expensive. LCOE numbers are significantly manipulated and are not representative of either the problems associated with intermittency (i.e. backup electricity production and/or storage cost) or the transmission costs associated with on again/off again sources, or the outright out of pocket costs associated with curtailment: paying solar PV and wind producers to NOT produce electricity during the majority parts of every day where demand is low. Texas pays over $200 million a year for curtailment; Germany paid 807 million euros in 2021 alone and the UK has paid 216,498,497 GBP in 2022 to date just for wind electricity curtailment. This doesn't even get into the fundamental problem of the mineral requirements.
maybe you should be the one being interviewed , none of the people interviewed on this channel ever get close to any material analysis of Electricity production . Unreliable wind and solar also don't produce power AS needed , it instead externalize reliability to grid operator . So it's misleading to compare it's LCOE to reliable electricity generation methods that accounts for their reliability and produces at need
@@saddemgargouri What you say is true. There is s level at which a grid can support solar PV and wind (i.e. intermittent) electricity generation; that level is not 4% and certainly not 100%. California is curtailing 1.5 million megawatt hours a year with just 5.x% solar PV electricity generation, for example, but Texas is handling 30% of overall electricity generation but curtailing 12 million megawatt-hours a year. But Texas has enormous natural gas infrastructure while California doesn't. The core problem is that people with zero understanding of how electrical grids operate, or how electricity is actually consumed, are pushing Net Zero solutions using billions of dollars of money because solar PV and wind are "fighting climate change".
@@c1ue1 I am pointing this out because its a classical left critic of capitalism and markets , things are ''cheaper'' when you externalize costs , don't account for pollution or horrible working condition . Guess what energy source account for those , the dreaded nuclear , second highest public ownership % , accounts for all it's waste , and it's minuscule in size ( France needs one basketball size facility ) and easily manageable ( not deaths yet )
@@c1ue1 my point is , there is no material analysis what's so ever , no economic analysis either , and no consultation of labor expertise . This is the modern western left , dry humping white hippie ideology , and shunning Electricity sector labor
@@saddemgargouri Sadly, ultimately all such decisions are going to have to be lived with by regular people. It is notable that electricity prices are very strongly correlated with increasing utility electricity prices. Even Texas - likely the only reason its massive solar PV and wind installations have not increased prices is because of its even more massive natural gas grid electricity infrastructure and falling natural gas prices due to shale fracking. However, the natural gas part is no longer true: between falling shale fracking investment and now massive LNG exports to Europe - Texans had historic electricity price increases last year and likely this year.
"Purpose leads to unpredictability in the status quo, there are no sureties for an oligarchic system of governance in a world that is motivated by a purpose towards truth, beauty, and knowledge..." “…to promote a concept of the Universe that had no governing purpose, no directionality and no morality, that it was essentially a mechanism..." Excerpts from the article The War on Science and the 20th Century Descent of Man
The left NEVER said "let the scientists run things." Matt is way off here. Neoliberalism was imposed on us. Privatization is at the core of fascism. Fascism does not consider what the people think.
This was a surprisingly poor interview. Much of what Stoller said about markets, Europe, neoliberalism, etc. was inarticulate and frankly bizarre. Baroncelli was much more articulate and informed. And what's this about Germany being cool with fascism and sociopathic? And China?? What kind of analysis is this?!?! And the entire discussion about Europe not meeting 2% of required military spending - have you heard of the Ukraine War and the resulting increases in military expenditures? This is a far cry from the caliber of guests like Bill Black or Robert Pollin. I'm kind of shocked that he was on this show.
Wow. What was this - amateur hour? This guy might be an expert on antitrust, but then he blabbed on about stuff he didn't seem to know about. For example, he couldn't explain what crypto actually was, so all he did was basically say "crypto is a scam" over and over again. Both interviewer and guest were also upset that most European NATO members barely met the 2% spending target on their militaries. Like we should be encouraging more weapons? Pretty surreal... Then "Germany shouldn't get points for not being NZs..." Pretty crude. All in all, I found this a really poor quality interview.
You have to love how he’s an expert and a novice at the same time. He purports to be an economist, but claims to know nothing about “energy.” Or how its utilized throughout an economy.
Walmart enabled 100M lower class people to live a life of material abundance on par with others - there are massive surpluses there. Walmart does mostly have low prices. A great point is made but we shouldn't forget that.
Uh, but what has the “consumer surplus” done to the citizenry on the employment side? Check out the disconnect between productivity increases and wages in the US since the early 70s - it’s not pretty
Are antitrust laws effective as a mechanism to break up monopolies and Big Tech? How monopolies enable price-gouging and drive inflation. Talia Baroncelli speaks to Matt Stoller, Research Director at the American Economic Liberties Project.
Please donate at theanalysis.news/donate/ - we can't do this without you.
Come visit us at theanalysis.news
Sign up for our newsletter: theanalysis.news/newsletter/
Like us on Facebook: facebook.com/TheAnalysisnews-111882350255869
Follow us on:
Twitter: twitter.com/paul__jay?lang=en
Instagram: instagram.com/theanalysis.news/
Linkedin: www.linkedin.com/company/theanalysis-news
#PaulJay
#theanalysis
#democracy
#capitalism
#bigtech
This is so awesome or correct question to ask if you believe in free market ( capitalism) big guy creates laws to stop small guy going into business or growing its criminal
The 60's decade was an explosion of social revolution and spiritual evolution. This scared the bejesus out of the ruling class. A culture that pursues purpose, truth and beauty invites new discoveries and that leads to unpredictability, something they abhor. So from the 70's on, the elite class has done everything to stamp out individual creativity and the freedom of spirit. Here is a great discussion on the deliberate uglification of the world as an agenda: The Battle for the Mind: How to Exit an Artificial Reality (Cynthia Chung RTF Lecture) on YT.
It absolutely DOES matter if a program is funded by government as a public service because a healthy society needs adequate public money investment. The Wall St governance of the past 40 years has forced monetary policy on the people, forcing them to use private bank credit instead of government investment. High interest rate credit cards and predatory loans have led to peak private debt, meaning these debts can never be repaid. The use of CBDCs would forever lock money as a private utility, which it isn't. The Great Reset goal is to dissolve the nation-state paradigm altogether.
The other issue is that solar PV has the ability to remove energy from the commodities markets. The investor class is scared of distributed solar for that reason and the political leadership is against it because they lose the political leverage of using energy as a tool. This is one of the biggest reasons why changing from coal to gas wasn't scary to them it kept energy as a commodity.
Re: energy
Sorry, but the notion that utilities in the West are resisting non-fossil fuel sources is risible.
Even disregarding the literal hundreds of billions set forth by the "Inflation Reduction Act" this year to subsidize alternative energy electricity production, there have been decades of subsidies to get solar PV and wind installed in utilities nationwide in the US. Texas, the epicenter of the fossil fuel industry in the US, produces 1/3 of its grid power from solar PV and wind.
The real issue is that solar PV and wind are very expensive. LCOE numbers are significantly manipulated and are not representative of either the problems associated with intermittency (i.e. backup electricity production and/or storage cost) or the transmission costs associated with on again/off again sources, or the outright out of pocket costs associated with curtailment: paying solar PV and wind producers to NOT produce electricity during the majority parts of every day where demand is low. Texas pays over $200 million a year for curtailment; Germany paid 807 million euros in 2021 alone and the UK has paid 216,498,497 GBP in 2022 to date just for wind electricity curtailment.
This doesn't even get into the fundamental problem of the mineral requirements.
maybe you should be the one being interviewed , none of the people interviewed on this channel ever get close to any material analysis of Electricity production .
Unreliable wind and solar also don't produce power AS needed , it instead externalize reliability to grid operator . So it's misleading to compare it's LCOE to reliable electricity generation methods that accounts for their reliability and produces at need
@@saddemgargouri What you say is true. There is s level at which a grid can support solar PV and wind (i.e. intermittent) electricity generation; that level is not 4% and certainly not 100%. California is curtailing 1.5 million megawatt hours a year with just 5.x% solar PV electricity generation, for example, but Texas is handling 30% of overall electricity generation but curtailing 12 million megawatt-hours a year. But Texas has enormous natural gas infrastructure while California doesn't.
The core problem is that people with zero understanding of how electrical grids operate, or how electricity is actually consumed, are pushing Net Zero solutions using billions of dollars of money because solar PV and wind are "fighting climate change".
@@c1ue1 I am pointing this out because its a classical left critic of capitalism and markets , things are ''cheaper'' when you externalize costs , don't account for pollution or horrible working condition .
Guess what energy source account for those , the dreaded nuclear , second highest public ownership % , accounts for all it's waste , and it's minuscule in size ( France needs one basketball size facility ) and easily manageable ( not deaths yet )
@@c1ue1 my point is , there is no material analysis what's so ever , no economic analysis either , and no consultation of labor expertise . This is the modern western left , dry humping white hippie ideology , and shunning Electricity sector labor
@@saddemgargouri Sadly, ultimately all such decisions are going to have to be lived with by regular people. It is notable that electricity prices are very strongly correlated with increasing utility electricity prices. Even Texas - likely the only reason its massive solar PV and wind installations have not increased prices is because of its even more massive natural gas grid electricity infrastructure and falling natural gas prices due to shale fracking.
However, the natural gas part is no longer true: between falling shale fracking investment and now massive LNG exports to Europe - Texans had historic electricity price increases last year and likely this year.
Where's the video where you go to the WEF website and you scroll through all the WEF Corporate "partners" ?
And - Citizens United - needs to be repealed.
He needs to stick to antitrust. He is so insufferable with his other opinions.
Great episode. Thanks Talia and Matt.
"Purpose leads to unpredictability in the status quo, there are no sureties for an oligarchic system of governance in a world that is motivated by a purpose towards truth, beauty, and knowledge..."
“…to promote a concept of the Universe that had no governing purpose, no directionality and no morality, that it was essentially a mechanism..."
Excerpts from the article The War on Science and the 20th Century Descent of Man
The left NEVER said "let the scientists run things." Matt is way off here. Neoliberalism was imposed on us. Privatization is at the core of fascism. Fascism does not consider what the people think.
I see what you did there. It's worth a try. Hope it works.
This was a surprisingly poor interview. Much of what Stoller said about markets, Europe, neoliberalism, etc. was inarticulate and frankly bizarre. Baroncelli was much more articulate and informed. And what's this about Germany being cool with fascism and sociopathic? And China?? What kind of analysis is this?!?! And the entire discussion about Europe not meeting 2% of required military spending - have you heard of the Ukraine War and the resulting increases in military expenditures? This is a far cry from the caliber of guests like Bill Black or Robert Pollin. I'm kind of shocked that he was on this show.
🙏
Have you ever bought a $1000 paperclip?
Matt Stoller is hopelessly lost on the law. Citizens have no control over the institutions. The gaslighting is not persuasive.
Wow. What was this - amateur hour? This guy might be an expert on antitrust, but then he blabbed on about stuff he didn't seem to know about.
For example, he couldn't explain what crypto actually was, so all he did was basically say "crypto is a scam" over and over again.
Both interviewer and guest were also upset that most European NATO members barely met the 2% spending target on their militaries. Like we should be encouraging more weapons? Pretty surreal...
Then "Germany shouldn't get points for not being NZs..." Pretty crude.
All in all, I found this a really poor quality interview.
Give me ten minutes alone….
You have to love how he’s an expert and a novice at the same time. He purports to be an economist, but claims to know nothing about “energy.” Or how its utilized throughout an economy.
he actually doesn't purport to be an economist, and actively despises them lol.
Government intervention in markets aside form basic regulation is a very disconcerting thing but it needs to be done.
Dean Baker got a better solution to that issue, abolish IP.
Walmart enabled 100M lower class people to live a life of material abundance on par with others - there are massive surpluses there. Walmart does mostly have low prices. A great point is made but we shouldn't forget that.
Uh, but what has the “consumer surplus” done to the citizenry on the employment side? Check out the disconnect between productivity increases and wages in the US since the early 70s - it’s not pretty