Big Tech and Fascism

Legal scholar, professor, and author Tim Wu talks about his new book, how platforms shape commerce and society, why the new extraction economy is caustic, and how we can fix it.

Nov 18, 2025

"Here's a cross-post from Matt Stoller's "Organized Money" Substack newsletter, which links to his accompanying podcast. I recently discovered Matt's work and wanted to pass it on for its value in understanding "the signs of the times." Stoller focuses on exposing the way financial elites dominate contemporary life, and on the struggle for a just economy with fair competition. Recent posts track political manipulations by the AIPAC lobby, insider betting on Trump foreign policy actions, and a big court win against the Ticketmaster near-monopoly. This post focuses on Tim Wu's "The Age of Extraction" on the grave threat posed by the unregulated "big tech" companies. Wu proposes they be regulated to serve the public good, be treated as utilities, and be subject to antitrust enforcement. "

- Bill Murphy

Welcome to the podcast Organized Money. You can listen to today’s episode on Apple on Spotify, or wherever you get your podcasts.

In this episode, David and Matt talk with Tim Wu, the man who coined “net neutrality,” about how tech platforms went from scrappy innovators to the defining power centers of the modern economy. Wu walks through the early idealism of the internet, the missed warnings about platform power, and the moment Silicon Valley embraced monopoly as a business model. Along the way, he connects the dots between Big Tech, rising inequality, and the political risks of letting a few companies control so much of modern life. Tim Wu writes about all of this in his new book, The Age of Extraction: How Tech Platforms Conquered the Economy and Threaten Our Future Prosperity.

Listen via Apple or Spotify, or wherever you get your podcasts.

Another thing we’re doing this year is providing transcripts and video for every episode. Check your inbox for that soon.

Thank you so much for listening. If there’s a monopoly you’d like us to explore this year, or if you have anything else to tell us, please let us know by leaving a comment or by responding directly to this email.