A two-decade fight with monopoly power in the payment system has arrived at a moment of truth, boiling down to one simple question: Will the courts bless price-fixing? Let’s hope not. Last week, Demand Progress, American Economic Liberties Project, Consumer Reports, and Small Business Majority asked a federal court to reject a proposed antitrust settlement […]
Carter Dougherty
Carter Dougherty is a writer and financial reform advocate based in Washington, DC. He writes a newsletter, The Money Trust. Follow him on Bluesky @carterd.bsky.social.
Posted inThe Monopolized Economy
Our American Oligarchy
Extracting, defending, and sanctifying the wealth of—and rule by—the few.
Posted inThe Monopolized Economy
A New Vision for a Just Financial System
Out of the ashes of Silicon Valley Bank should come a stable banking system that truly serves the public.
Posted inFeatured, Political Animal, Politics
Senate Democrats Have a Big New Corporate Tax Idea
Targeting out-of-control CEO pay could bring progressives and moderates together.
Posted inJuly/August 2021, Magazine, Politics
Why Joe Biden Should Listen to Bernie Sanders on Corporate Taxes
The Vermont Senator’s plan would close the pay gap between workers and executives—and be immensely popular.
Posted inEconomy, Featured, Political Animal, The Monopolized Economy
The Problem with Walmart Is Bigness
The retail chain shouldn’t be in finance. But it also shouldn’t exist, period.
Posted inFeatured, Political Animal, Politics
Abolish the Comptroller of the Currency
The little-known regulator’s office has been around since Abraham Lincoln, but it’s way too friendly with the banking industry it’s meant to regulate. There’s a better way.
