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Joe Biden’s Tech Adviser (2020-2) Tim Wu joins us for a deep dive into the ‘Age of Extraction’. Wu is a Columbia Law Professor who writes regularly for the Financial Times, The New York Times and The Economist. He’s published an array of literature that focuses on big tech, monopolies and how the attention economy has restructured modern economic life.

In this episode, we discuss what went wrong with the Biden administration, how big tech giants are extracting value from our economic system and what Progressives must do to win.

Too often, our discussions centre on everything going wrong with the world. Yes, there are myriad critiques we could make about our system based on the evidence available. But if there’s one thing we need to be better at, it’s coming up with a vision to fix things. What is our alternative?

And it’s at this juncture that the Left splinters into a kaleidoscope of political imagination. We believe there is space to unite factions that have been economically disempowered, perhaps with a more agnostic form of liberal social politics that respects different groups’ competing rights. An anti-polarisation, pro-economic populism politics without all the purity tests. A boy can dream.

Tim's latest book, 'The Age of Extraction' contributes greatly to this discussion, diagnosing a new strain of crony capitalism and prescribing a return of political power to the people not corporate interests. We want real democracy. And most of us want the same things.

Chapters

00:00 Intro

02:28 Starmer + Biden Parallels

13:28 Why We’re Living In The ‘Age of Extraction’

24:15 The Corrupting Power of Billionaires

33:45 Are We Returning To Feudalism

44:06 Is This Capitalism?

59:15 Europe Needs Sovereignty

1:10:04 How The Democrats Lost Their Way

1:21:50 Big Tech Is Too Powerful

1:25:30 Democrat Nominee For 2028

1:30:52 We’re Living Through A Revolution

1:38:01 The Death Of Neoliberalism