'The Menace of the Hour.' Anti-Monopoly Cartoon, George Luks, The Verdict Magazine, 1899.

Nationalize Facebook

On the Media | May 13, 2016

From its reach into the lives of over a billion people to the way it blurs the line between breaking news and personal posts, to the scope of its plans to provide global internet access -- Facebook's power is unlike anything we've seen before. That is, unless you count Standard Oil and the other great monopolies of the Gilded Age.

Bob talks to progressive author and professor Robert McChesney about the dangers of media consolidation and why economists on both sides of the spectrum have argued in favor of drastic measures when it comes to dealing with companies of Facebook's size.

Music: 

"Born on a Day the Sun Didn't Rise" by Black Moth Super Rainbow 

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