This Machine Kills - 349. Death By A Thousand Prices (ft. David Dayen, Lindsay Owens)
We are joined by David Dayen (editor, American Prospect) and Lindsay Owens (director, Groundwork Collaborative) to discuss the special issue of the American Prospect they put together on “how pricing really works.” We drill down into why pricing is the perfect window for seeing how power works in the economy. We explore the great many tactics and technologies that companies have devised to make pricing into a major source of profits by enforcing a system of unfair, deceptive, and aggressive strategies designed to exploit each person based on what they are willing to pay and what they are willing to accept. We wrap up by talking about what can be done by legislators, regulators, and the court of public outrage to push back against the weaponization of pricing.
••• How Pricing Really Works https://prospect.org/pricing
••• Groundwork Collaborative https://groundworkcollaborative.org/
••• David Dayen https://x.com/ddayen
••• Lindsay Owens https://x.com/owenslindsay1
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Hosted by Jathan Sadowski (www.twitter.com/jathansadowski) and Edward Ongweso Jr. (www.twitter.com/bigblackjacobin). Production / Music by Jereme Brown (www.twitter.com/braunestahl)
