S2 EP11: If Capitalism and Socialism Had a Baby

The richest 1 percent of the world's population now owns more than half of the world's wealth. The calls for breaking up Big Tech companies are growing louder. On this episode, the author of Open Revolution, Rufus Pollock, proposes a solution (think regulation, but on steroids) for wrangling monopolies, sparking innovation, and getting profits into the hands of more people. GO DEEPER: "What the California Wildfires Can Teach Us About Data Sharing," Joi Ito writes in Wired. An old monopoly story: the Hush-a-Phone vs AT&T debacle from Atlas Obscura. And a new one: Infinite choices, few distributors in the digital economy from The Open Markets Institute. And the Senate Intelligence Committee's two reports on news manipulation on social media: The Disinformation Report and The Internet Research Agency and Political Polarization in the US. Who You’ll Hear: @manoushz (Manoush Zomorodi, host of @zigzagpod and cofounder of Stable Genius Productions), @**rufuspollock**‏ (Rufus Pollock, author of The Open Revolution) ZigZag is the business show about being human. Join a community of listeners riding the twists and turns of late-capitalism, searching for a kinder, more sustainable way. Manoush Zomorodi and Jen Poyant investigate how work and business impact our wellbeing and the planet we live on. On Seasons 4 and 5, hear from rebels and visionaries with radical ideas on how we can build stable lives, careers, and companies. **If you’re also interested in Jen and Manoush’s personal story and their adventures in starting their own business with a little help from blockchain technology, listen to the first three seasons, starting with Season 1, Chapter 1.