Organized Money
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.
Episodes
It’s one of the most surprising and least understood stories in American agriculture: the monopoly over the seeds that grow our food. Farmers are facing a “seed squeeze,” where two companies, Bayer and Corteva, control 90% of the seed corn market, driving up prices even as crop profits fall. Matt and David speak with Independent seed producer John Latham and industry veteran Todd Martin about how intellectual property, patents, and...
From Zohran Mamdani in New York City, to Mikie Sherrill in New Jersey, Democratic candidates are putting populist economic messages at the center of their campaigns. On today’s show, Matt and David break down the dynamics of this week’s elections and share their predictions. Then, they’re joined by Organized Money alum Lori Wallach, director of Rethink Trade at the American Economic Liberties Project, to preview Wednesday’s Supreme...
Today on the show, Matt and David sit down with Sam Levine and Stephanie Nguyen, formerly of the FTC under Lina Khan, to discuss the dark side of customer loyalty programs like frequent flyer miles, corporate discount cards, and ordering apps from chains like Starbucks and McDonalds. Their new paper, The Loyalty Trap: How Loyalty Programs Hook Us with Deals, Hack our Brains, and Hike Our Prices, exposes the lengths these programs g...
This week on Organized Money, David and Matt sit down with Sahaj Sharda and David Barclay, co-founders of The Anti-Fraud Company, a scrappy new startup aiming to turn corporate whistleblowing into a business model. Sharda, a 27-year-old anti-monopolist and author of The College Cartel, and Barkley, a former FTC attorney known for busting healthcare fraud, explain how they’re using data tools, lawsuits, and a solid dose of nerve to...
Investment in AI infrastructure has exploded over the last few years, with big players like Google, Meta, OpenAI, Nvidia, and Oracle, striking deals involving hundreds of billions of dollars to build out AI data centers. These deals are single-handedly buoying the otherwise-flailing US economy, but where are these billions actually coming from? And why do all these deals seem to involve the same players in increasingly circular arr...
What happens when Wall Street sinks its teeth into your smile? David and Matt talk with Dr. Jill Tanzi, dentist and founder of the Alliance of Independent Dentists, about the corporate takeover of dentistry. She pulls back the curtain on how corporate consolidation and giant insurers like Delta Dental are reshaping what happens in the chair, from pricing to patient care, and why it should matter to anyone with teeth. Jill shares w...
As American farmers struggle under Trump’s tariffs, the Trump Administration is preparing to bail out…Argentinian farmers? Today on the show, a sprawling, international story that you might have missed: how an electoral blow to the market-friendly government in Argentina is causing panic across the financial sector, bringing together forces like The International Monetary Fund, the US Treasury, and hedge funds to save the flailing ...
We are at the Antimonopoly Summit - where David and Matt sit down for some candid conversations with some of the leaders in the field - Sen. Chris Murphy (D–CT) on the political stakes, Lina Khan on enforcement and where hope still lives. Rep. Becca Balint (D-VT) on hearings and state-level power, David Seligman (workers’ rights attorney and candidate for Colorado Attorney General) on how consolidation squeezes workers, and Alex ...
What happens when two gamers-turned-lawyers decide to take on one of the biggest monopolies in the video game world? On this episode of Organized Money, David and Matt dig into a David-versus-Goliath story from the world of PC gaming. Their guests, attorneys Will Bucher and Judson Crump — both gamers themselves — are taking on Valve, the company behind Steam, which which controls nearly all PC game sales and takes a 30% cut from e...
Senator Elizabeth Warren is here! The Massachusetts democrat she sits down with David and Matt to talk about the fights that keep her fired up—from Wall Street and Big Tech to pushing Democrats to get serious about the cost of living.
In this wide-ranging interview, we discuss how democrats should respond to Trump's second-term victory, the Google antitrust trial, spar on Fed independence, and much more. According to Warren, h...
Google just lost a huge antitrust case—but somehow seems to have walked away the winner. In this emergency episode David and Matt explain how a federal judge ruled that Google is an illegal monopolist, then turned around and let the company keep the very deals that entrench its dominance. From billion-dollar payments to Apple to the future of AI, they dig into what the ruling means, why critics on both the left and right are callin...
The biggest story in football this season isn’t on the field, but in the boardrooms and backrooms of the NFL.
In this episode David and Matt dig into the collusion scandal rocking the league—where billionaire owners conspired to block star quarterbacks from getting guaranteed contracts, in cahoots with the NFL Players Association, the union meant to represent player interests.
The business of skateboarding has grown from an independent, DIY culture into one almost completely dominated by private equity groups. How did it get gobbled up? In this episode David teams up with former “skate rat” and researcher Daniel Stone of the Center for Economic and Policy Research to expose how private equity has quietly, and sometimes catastrophically, taken over the world of skateboarding. What started as a subversive,...
Organized Money is on vacation this week, but we still have a fantastic monopoly story for you. Around the globe, tuberculosis kills more people than any other infectious disease, despite the fact that it's treatable. This episode is about a drug that would otherwise save lives, but is so expensive that many of the people who desperately need it, can't afford it. The reason is because of the ways healthcare companies keep...
It's hard to keep track of the number of trade deals, threats, carve-outs and deadlines and random stops and starts in the Trump administration's wild approach to tariffs. To untangle the chaos, Matt and David sit down with trade expert Lori Wallach, Director of Rethink Trade at the American Economic Liberties Project and a senior advisor to the Citizens Trade Campaign. Lori breaks down how Trump’s "rando" poli...
Last week, the journalist Sohrab Ahmari broke a story titled The Antitrust War Inside MAGA: Powerful Lobbyists Are Battling Populist Reformers. In it, he reported that the recent $14 billion deal in which Hewlett-Packard acquired its competitor, Juniper Networks, was quietly shepherded along with help from the Justice Department, complete with martini-sipping backroom deals. Two attorneys within the department who objected to the s...
In this episode of Organized Money, hosts Matt Stoller and David Dayen are joined by journalist and author Bridget Read to unravel the shadowy world of multi-level marketing (MLM) and pyramid schemes. Drawing from Bridget’s new book, Little Bosses Everywhere, How the Pyramid Scheme Shaped America, they explore how companies like Amway, Herbalife, and Mary Kay built vast empires by selling not just products but the promise of entre...
Costco is a great place to buy bulk toilet paper, cheap hot dogs, or even a mortgage—but for some customers, their recent Coscto experience has felt a little off, especially when dealing with their vendors. In this episode Matt and David talk with Steve Hunt, a Costco customer service worker and former Oklahoma City mayoral candidate, about how private equity takeovers of vendors selling everything from water delivery and window b...
In this episode, a rare piece of good news in prescription drug pricing. Matt and David speak with Antonio Ciaccia, president of 3 Axis Advisors and architect of Ohio’s Medicaid pharmacy overhaul, and Benjamin Jolly, pharmacist and advocate with the American Economic Liberties Project. Together, they unpack how Ohio kicked pharmacy benefit managers (PBMs) out of its Medicaid program, saving $140 million in just two years, paying ph...
At the height of Trump’s tariff spree, when he kept ratcheting up taxes on Chinese imports, China struck back by withholding an under-discussed but essential resource: rare earth minerals. These elements are crucial to nearly all modern electronics, vehicles, and weaponry, and play a vital role in high-tech manufacturing. The business world quickly sounded the alarm. Some companies, like General Motors, even slowed or stopped produ...
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