Perfect Ad DESTROYS Corrupt Politician

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Published on 12 Jul 2020, 3:00
A new ad calls out high-ranking Democrat Richard Neal. Cenk Uygur and Ana Kasparian discuss on The Young Turks. Keep Hope (and TYT) Alive: tyt.com/go

Read more here: prospect.org/power/anti-monopo...

"The flood of economic consolidation in the wake of the coronavirus crisis has begun. In the first two days of this week, Uber bought Postmates after an unsuccessful attempt to buy Grubhub, narrowing the increasingly popular online food delivery sector; rooftop solar rivals Sunrun and Vivint teamed up to become the primary rival to Tesla’s Solar City; and Allstate acquired National General to create a dominant insurance giant. With economic upheaval growing and business bankruptcies continuing, there will be fewer competitors taking greater market share, with dangerous implications for workers, consumers, entrepreneurs, and democracy, to name a few. (I do have a book on this subject coming out in two weeks if you want more information!)

With greater economic power comes greater political power, as corporate giants install and co-opt allies in office and use them to bend the system to their will. That has been the largely one-sided history of monopolies in America over the past 40 years. But an important countervailing force launched on Tuesday, which could turn lining up with monopolists into bad politics.

The test case for the anti-monopoly movement’s foray into elections couldn’t be more perfect. Rep. Richie Neal (D-MA), chair of the House Ways and Means Committee, is best described as a sentient cash register, taking contributions from massive corporations in exchange for gifts and perks. Nobody received more corporate PAC donations than Neal last year, which stands to reason: he runs Congress’s lead tax-writing committee, of interest to every corporation in America. This year, however, Neal faces a viable primary challenge on September 1 from the young progressive mayor of Holyoke, Alex Morse."

Hosts: Cenk Uygur, Ana Kasparian

Cast: Cenk Uygur, Ana Kasparian

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Young Turk (n), 1. Young progressive or insurgent member of an institution, movement, or political party. 2. A young person who rebels against authority or societal expectations. (American Heritage Dictionary)

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