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16min chapter
How Big Oil Rigged the System and Stuck You With the Bill (with Faiz Shakir)
Pitchfork Economics with Nick Hanauer
Fairness and Competition in the Market
This chapter critiques the ideal of market fairness according to orthodox economics and highlights the monopolistic behaviors of major tech companies like Google and Apple. It discusses the role of corporate power in industries such as oil, the wealth gap, and the importance of regulatory bodies to maintain competition and protect consumers. The conversation further explores the need for stricter regulations and moral business practices in light of price-fixing and other unethical behaviors in the market.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode