2min chapter

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America’s Hidden Duopoly (Ep. 356 Rebroadcast)

Freakonomics Radio

CHAPTER

Why Competition in the Politics Industry Is Failing America

We always thought of politics as a ic institution, that the rules were somehow codified in the rule of law and in our constitution. But what we came to see is that politics is really about competition between largely private actors. The duopoli republicans and democrats are at the core of it. It was no coincidence that politics had become self sustaining, self dealing and self centred. They were the blue team and the red team, kind of like pepsy and coke. In fact, multiple of our founders actually expressed a deep fear that parties would take over....

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