Episode Details

Donald Trump is practicing crony capitalism on an unprecedented scale, with the government greenlighting major mergers that benefit the president’s friends (most notably the Paramount-Warner Bros. merger). I spoke to Zephyr Teachout, who teaches constitutional law at Fordham, about this worrying development. We take up the long history of anti-monopoly politics going back to the American revolution and the trust battles of the late 19th century as well as the possibility state governments can fight the new wave of consolidation. Zephyr has often written on his subject for The Nation, notably in two recent articles.