Hasan Piker dives into a thought-provoking debate between Adam Smith and Proudhon on microlooting and capitalism. 🤔💰 Who really benefits? Let's unpack this together! #CapitalismDebate #Microlooting

via US news | The Guardian — Mordecai Kurz argues tech oligarchs erode democracy through monopolies – and predicts how the trend may end The billionaires of today are unusually aggressive in their hoarding of cultural and technological influence, according to Mordecai Kurz, a Stanford economist whose research connects monopoly power with political and economic inequality. In his new book, Private Power and Democracy’s Decline, publishing 19 May, he argues the US is living through an extreme version of a pattern that has rep