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The BradCast w/ Brad Friedman

Brad Friedman

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The BradCast w/ Brad Friedman
58 minJUL 31
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On today's 'BradCast':  Surprisingly good news out of a U.S. House Antitrust Subcommittee hearing in which Big Tech CEOs – Amazon, Apple, Google, and Facebook – were called on the carpet by Democrats, and even some Republicans, to answer for their years of crushing, anti-competitive practices in their sectors. DAVID DAYEN, author, investigative financial journalist and Executive Editor of the progressive American Prospect, joins us to report on the revelations from the hearing, which he calls 'the most consequential hearing on corporate power in decades.'  Dayen also discusses the serendipitous timing of his new book, 'Monopolized: Life in the Age of Corporate Power,' documenting the breathtaking reach of unchecked corporate mergers, monopolies and consolidation over the past four decades, how we got here, and what we can do to destroy the power of monopolies that have led directly to some of the dangerous shortages we've seen during the COVID crisis. Dayen also covers the ever-worsening toll of the coronavirus on our economy, and Senate Republicans' attempt to craft a new emergency relief bill that shortchanges average Americans, as crucial financial assistance measures expire this week. Also today:  Former Republican presidential candidate Herman Cain has died from coronavirus. President Obama delivered an inspiring eulogy for civil rights icon, Rep. John Lewis, calling for expansion of voting rights.  The U.S. economy has plunged by an unprecedented annualized 32 percent rate during the coronavirus pandemic. In a transparent stunt to distract from the disastrous economic news, Trump suggested the November 2020 federal election should be delayed, clearly trying to lay the groundwork to cast doubt on the election results among his supporters...