The Monopolist’s Playbook: Strategies To Retain Overwhelming Economic Power — Episode 21 of the Building Local Power Podcast
Written by Nick Stumo-Langer
This week in Building Local Power, we’re discussing how concentrated economic power responds to communities that are supporting their own local economies. Guest host Nick Stumo-Langer discusses how these corporations fight against local communities with a number of ILSR’s experts. He speaks with Stacy Mitchell, John Farrell, Christopher Mitchell, and Lisa Gonzalez in order to get a large spectrum of opinions from across different economic sectors.
As our experts argue during the podcast, corporations use flawed, assumption-ridden academic studies; public fear and ignorance of technical economic issues; and products and policies that attempt to masquerade as “local” when they are actually created by large companies.
Full transcript is available here.
“What we’re seeing are more communities stand up for themselves, and try to chart their own future,” says Stacy Mitchell of why companies are seeking to attack communities’ autonomy. “It’s that a lot of companies are coming in, and they’re either using false information or a sense of fear, or other manipulative tactics to try to get their own way and to block communities from being able to do what they want to do. And sometimes, we even see them, you know, using really sort of stealth means to kind of co-opt local markets.”
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Get caught up with the latest work from the Institute for Local Self-Reliance on fighting monopoly power across a variety of sectors:
America’s Major Market Power Problem — Episode 13 of the Building Local Power Podcast
Report: Correcting Community Fiber Fallacies
Here are the reading/watching recommendations from the group this week:
View the full transcript of the podcast, below.If you missed our previous episodes make sure to bookmark our Building Local Power Podcast Homepage. Please give us a review and rating on iTunes or wherever you subscribe to podcasts.
Audio Credit: Funk Interlude by Dysfunction_AL Ft: Fourstones — Scomber (Bonus Track). Copyright 2016 Licensed under a Creative Commons Attribution Noncommercial (3.0) license.
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Originally published at ilsr.org.
