On today's show, David and Matt sit down with Tim Wu, the man who coined the term “net neutrality”, about his new book, <a href='https://www.penguinrandomhouse.com/books/691177/the-age-of-extraction-by-tim-wu/'>The Age of Extraction: How Tech Platforms Conquered the Economy and Threaten Our Future Prosperity. </a>They discuss how tech platforms went from scrappy innovators, enabled by a robust regulatory state, to the massive, extractive platforms we know today. Wu walks through the early idealism of the internet, the missed warnings about platform power from the likes of Bill Gates and Eric Schmidt, and the moment Silicon Valley embraced monopoly as a business model. Along the way, he connects the dots between Big Tech, rising inequality, and the political risks of letting a few companies control so much of modern life.

On today's show, David and Matt sit down with Tim Wu, the man who coined the term “net neutrality”, about his new book, The Age of Extraction: How Tech Platforms Conquered the Economy and Threaten Our Future Prosperity. They discuss how tech platforms went from scrappy innovators, enabled by a robust regulatory state, to the massive, extractive platforms we know today. Wu walks through the early idealism of the internet, the missed warnings about platform power from the likes of Bill Gates and Eric Schmidt, and the moment Silicon Valley embraced monopoly as a business model. Along the way, he connects the dots between Big Tech, rising inequality, and the political risks of letting a few companies control so much of modern life.

On today's show, David and Matt sit down with Tim Wu, the man who coined the term “net neutrality”, about his new book, <a href="https://www.penguinrandomhouse.com/books/691177/the-age-of-extraction-by-tim-wu/" rel="noopener noreferrer">The Age of Extraction: How Tech Platforms Conquered the Economy and Threaten Our Future Prosperity.&nbsp;</a>They discuss how tech platforms went from scrappy innovators, enabled by a robust regulatory state, to the massive, extractive platforms we know today. Wu walks through the early idealism of the internet, the missed warnings about platform power from the likes of Bill Gates and Eric Schmidt, and the moment Silicon Valley embraced monopoly as a business model. Along the way, he connects the dots between Big Tech, rising inequality, and the political risks of letting a few companies control so much of modern life.&nbsp;

Big Tech and Fascism

Organized Money is a podcast about how the business world really works, and how corporate consolidation and monopolies are dominating every sector of our economy. The series is hosted by writers and journalists Matt Stoller and David Dayen, both thought leaders in the antimonopoly movement. Organized Money is a fresh spin on business reporting, one that goes beyond supply and demand curves or odes to visionary entrepreneurs. Each week Matt and David break down the ways monopolies control everything from the food we eat, to the drugs we take, the way we communicate and even how we date. You’ll hear from workers, business leaders, antitrust lawyers, and policymakers who are on the front lines of the fight for open markets and fair competition. If you care about an economy that is free and open, one not controlled by a handful of corporations, Organized Money is for you. New episodes out every week until the end of the year. Organized Money is a Rock Creek Sound production, from executive producers Ari Saperstein and Ellen Weiss, and senior producer Benjamin Frisch.&nbsp;

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Organized Money is a podcast about how the business world really works, and how corporate consolidation and monopolies are dominating every sector of our economy. The series is hosted by writers and journalists Matt Stoller and David Dayen, both thought leaders in the antimonopoly movement. Organized Money is a fresh spin on business reporting, one that goes beyond supply and demand curves or odes to visionary entrepreneurs. Each week Matt and David break down the ways monopolies control everything from the food we eat, to the drugs we take, the way we communicate and even how we date. You’ll hear from workers, business leaders, antitrust lawyers, and policymakers who are on the front lines of the fight for open markets and fair competition. If you care about an economy that is free and open, one not controlled by a handful of corporations, Organized Money is for you. New episodes out every week until the end of the year. Organized Money is a Rock Creek Sound production, from executive producers Ari Saperstein and Ellen Weiss, and senior producer Benjamin Frisch. 

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