Ed (Prof G / Scott Galloway?)
👤 PersonAppearances Over Time
Podcast Appearances
Like what role does popular support have in antitrust?
Just on that note, when you look at the rise of someone like Zoran Mamdani, and people are not happy with capitalism right now, and then someone like Mamdani comes along, who is a democratic socialist,
And his view, in many cases, is that, one, that affordability is a problem, and I think we can all agree with that.
But in some cases, the solution isn't about trying to figure out how to let competition and markets bring prices down, but how to enable government to sort of take ownership and then...
have government bring prices down.
So as an example, the city-owned grocery store, I think that's probably gotten maybe too much attention.
It's a pilot program, whatever.
But the reality is, his view is, okay, the government will come in, they'll run the grocery store, they'll bring the prices down.
And I think that that is indicative of a growing belief among Americans right now that capitalism doesn't work for us and we need to go to...
more state-heavy solutions, something closer to socialism.
I just want to get your reactions to what we're seeing in terms of that trajectory.
But your view is the solution is capitalism, not socialism, but regulated capitalism.
Exactly.
Jonathan Cantor is the former Assistant Attorney General for the Antitrust Division of the U.S.
Department of Justice under the Biden administration.
During his tenure, he brought major antitrust lawsuits against Google, Apple, Live Nation and Ticketmaster, UnitedHealth, RealPage, American Airlines, the meatpacking industry, and many others.
He also previously served as an attorney at the FTC and founded his own law firm, Cantor Law Group.
We really appreciate your time, Jonathan.
Thank you so much for joining us again.
Thanks, Jonathan.