The superiority of a competitive American marketplace over one monopolized by a single firm has been proven time and time again. The dangers of monopoly power in politics are also pernicious even in states with democratic systems.

“Every thinking American must read” (The Washington Book Review) this startling and “insightful” (The New York Times) look at how concentrated financial power and consumerism has transformed American politics, and business. Going back to our country’s founding, Americans once had a coherent and clear understanding of political tyranny, one crafted by Thomas Jefferson and updated for the industrial age by Louis Brandeis. A concentration of power—whether by government or banks—was understood as autocratic and dangerous to individual liberty and democracy. In the 1930s, people observed that the Great Depression was caused by financial concentration in the hands of a few whose misuse of their power induced a financial collapse. They drew on this tradition to craft the New Deal. In Goliath, Matt Stoller explains how authoritarianism and populism have returned to American politics for the first time in eighty years, as the outcome of the 2016 election shook our faith in democratic institutions. It has brought to the fore dangerous forces that many modern Americans never even knew existed. Today’s bitter recriminations and panic represent more than just fear of the future, they reflect a basic confusion about what is happening and the historical backstory that brought us to this moment. The true effects of populism, a shrinking middle class, and concentrated financial wealth are only just beginning to manifest themselves under the current administrations. The lessons of Stoller’s study will only grow more relevant as time passes. “An engaging call to arms,” (Kirkus Reviews) Stoller illustrates here in rich detail how we arrived at this tenuous moment, and the steps we must take to create a new democracy.

In The Global Politics of Pharmaceutical Monopoly Power, researcher and global advocate Ellen 't Hoen explains how new global rules for pharmaceutical patenting impact access to medicines in the developing world. The book gives an account of the current debates on intellectual property, access to medicines, and medical innovation, and provides historical context that explains how the current system emerged. This book supports major policy changes in the management of pharmaceutical patents and the way medical innovation is financed in order to protect public health and, in particular, promote access to essential medicines for all. The Open Society Institute provided support to translate this report into Russian.

Around the same time that Richard J. Daley governed Chicago, greasing the wheels of his notorious political machine during a tenure that lasted from 1955 to his death in 1976, Anthony “Dutch” Hamann’s “reform” government centralized authority to similar effect in San Jose. In light of their equally exclusive governing arrangements—a similarity that seems to defy their reputations—Jessica Trounstine asks whether so-called bosses and reformers are more alike than we might have realized. Situating her in-depth studies of Chicago and San Jose in the broad context of data drawn from more than 240 cities over the course of a century, she finds that the answer—a resounding yes—illuminates the nature of political power. Both political machines and reform governments, she reveals, bias the system in favor of incumbents, effectively establishing monopolies that free governing coalitions from dependence on the support of their broader communities. Ironically, Trounstine goes on to show, the resulting loss of democratic responsiveness eventually mobilizes residents to vote monopolistic regimes out of office. Envisioning an alternative future for American cities, Trounstine concludes by suggesting solutions designed to free urban politics from this damaging cycle.

The stated purpose of antitrust laws is to protect competition and the public interest. But do such laws actually restrict the competitive process, harming consumers and serving the special interests of a few politically-connected competitors? Is antitrust law a necessary defense against the predatory business practices of wealthy, entrenched corporations that dominate a market? Or does antitrust law actually work to restrain and restrict the competitive process, injuring the public it is supposed to protect? This breakthrough study examines the classic cases in antitrust law and demonstrates a surprising gap between the stated aims of antitrust law and what it actually accomplishes in the real world. Instead of protecting competition, this book asserts, antitrust law actually protects certain politically-favoured competitors. This is an essential work for anyone wishing to understand the limitations and problems of contemporary antitrust actions.

As outrage over the socially damaging practices of technology companies intensifies, this book asks what it actually means to hold a 'monopoly' in the tech world and offers an in-depth analysis of how these corporate giants are produced, financialized, and regulated.

Who should have the right to own land, and how much of it? A Squatter's Republic follows the rise and fall of the land question in the Gilded AgeÑand the rise and fall of a particularly nineteenth-century vision of landed independence. More specifically, the author considers the land question through the anti-monopolist reform movements it inspired in late nineteenth-century California. The Golden State was a squatter's republicÑa society of white men who claimed no more land than they could use, and who promised to uphold agrarian republican ideals and resist monopoly, the nemesis of democracy. Their opposition to land monopoly became entwined with public discourse on Mexican land rights, industrial labor relations, immigration from China, and the rise of railroad and other corporate monopolies.