‘Capitalism has to become more humane’: a Stanford economist on big tech, power hoarding and democracy

Stanford economist Mordecai Kurz argues that tech oligarchs are eroding democracy through monopolies and predicts an end to this trend. Kurz's new book, Private Power and Democracy's Decline, connects monopoly power with political and economic inequality. The US is experiencing an extreme version of a pattern where technological power concentrates in the hands of a few.