Matt Stoller

Matt Stoller
Stoller in 2019
Born (1978-02-08) February 8, 1978 (age 46)
London, England
EducationHarvard University (BA)
Occupations
  • Political commentator
  • author

Matthew Stoller (born February 8, 1978)[1] is an American political commentator and author. He is the research director of the American Economic Liberties Project.[2] He writes the Substack newsletter BIG.

Early life and education

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Stoller was born in London and grew up in Miami, Florida, with his brother Nicholas Stoller, a filmmaker.[3][4] His mother, Phyllis, is a travel tour operator, and his father, Eric C. Stoller, is a bank executive.[5]

Stoller is Jewish.[6] He attended St. Paul's School and then graduated with a BA in history from Harvard College.[7][8]

Career

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After college, Stoller worked at a software startup in Massachusetts. During this time he started blogging about politics in the lead up to the 2003 Iraq War. He sided with Democratic war hawks in supporting the invasion. After the basis of the war was shown to be rooted in false premises and those who promoted it would face no consequences, he grew depressed and felt that he had "endorsed mass murder".[7] In 2008, he started working as a member of the staff of congressman Alan Grayson. He pulled some policy ideas from blogs. Grayson lost reelection.[7][9]

Stoller was a producer for The Dylan Ratigan Show on MSNBC.[10] Stoller then moved to Los Angeles to work as a writer and actor for the first season of the television series Brand X with Russell Brand.[10] He acted as Brand's sidekick, bringing up subjects which were then remarked upon by Brand.[11]

Starting in 2015, Stoller was a Senior Policy Advisor and Budget Analyst for the Senate Budget Committee.[10][12]

In 2016, Stoller began working for Open Markets, a group embedded in the think tank New America.[7] At Open Markets, he "researched the history of the relationship between concentrated financial power and the Democratic party in the 20th century".[13] In 2017, Open Markets posted a statement in support of a 4 billion Euro fine given by European regulators to Google and extolling American officials to do similarly. The group was asked to leave New America shortly afterwards.[7] In 2020, Stoller and some other members of Open Markets created their own organization, the American Economic Liberties Project. The organization is nonpartisan and does not take corporate money.[7]

In 2019, Stoller published the book Goliath: The 100-Year War Between Monopoly Power and Democracy, a history of United States economic policy.[14] It begins with the rise of anti-monopoly policy, including the 1916 appointment of Louis Brandeis to the Supreme Court, then regulation and antitrust action under the New Deal, to the anti-regulation economists of the Chicago School, the dismantlement of antitrust and financial regulations which have resulted in the business monopolies seen today.[14][15][16][17][18][19] The book was described by Politico as the "foundational historical text for a movement coming to be known as the New Brandeisian School".[7] The movement takes inspiration from Louis Brandeis who was a prominent anti-monopolist.[20][21] Brandeis believed that antitrust action should prevent any one company from maintaining too much power over the economy because monopolies were harmful to innovation, business vitality, and the welfare of workers.[22][23]

To help promote his book and ideas, Stoller started a Substack titled Big. As of 2023, it has around 85,000 subscribers.[7] In 2024, he and The American Prospect executive editor David Dayen began a spin-off podcast titled Organized Money.[24]

Beliefs

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Stoller is an anti-monopolist. Much of his work centers around advocating for the breakup of large companies which are not necessarily monopolistic.[25] With his work centered around direct action and not politics, he has made allies with members of both parties. He has supported Josh Hawley who, during his time as Missouri Attorney General, was the first state attorney general to sue Google based on antitrust law.[7] In a profile of Stoller, Politico described his "dogmatic" belief that the goal of breaking up monopolies is "so central and so urgent that nearly any other cause or political relationship should be sacrificed in service of it".[7]

Stoller believes that the Democratic Party "keep[s] nominating annoying girl bosses", and thinks it is a indication of a larger structural issue.[26]


References

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  1. ^ Grim, Ryan (May 23, 2007). "BlogJam: Openly left MyDD". Politico. Retrieved March 21, 2024.
  2. ^ McCabe, David (February 11, 2020). "She Wants to Break Up Big Everything". The New York Times – via NYTimes.com.
  3. ^ "Nicholas Stoller". Rotten Tomatoes. Fandango Media. Retrieved September 30, 2022.
  4. ^ Wallerstein, Andrew (June 28, 2012). "Brand X with Russell Brand". Variety.
  5. ^ Lacher, Irene (October 9, 2005), "Francesca Delbanco and Nicholas Stoller", The New York Times, retrieved April 10, 2008
  6. ^ @matthewstoller (December 12, 2023). "I hate identity grievance politics and think it's immoral. I'm Jewish and so in my particular area I'm going to speak out against it" (Tweet) – via Twitter.
  7. ^ a b c d e f g h i j "Washington's Angriest Progressive Is Winning Over Conservatives – and Baffling Old Allies". POLITICO. April 21, 2023.
  8. ^ "Matt Stoller on the 100 Year War Between Monopoly Power and Democracy". Corporate Crime Reporter. February 10, 2020.
  9. ^ Kraushaar, Josh (March 6, 2009). "Rep. Grayson won't hold his tongue". POLITICO.
  10. ^ a b c "Matt Stoller". fedsoc.org. March 22, 2023.
  11. ^ "Review: Russell Brand may be only one having fun on FX's 'Brand X'". Los Angeles Times. June 29, 2012.
  12. ^ "Bernie Sanders remakes Budget Committee in his image". MSNBC.com. January 5, 2015.
  13. ^ "Matt Stoller".
  14. ^ a b Waterhouse, Benjamin C. (December 6, 2019). "A history of America's fight against monopolies". Washington Post. Retrieved January 15, 2024.
  15. ^ "Big Business Is Not the Enemy of the People". National Review. October 10, 2019.
  16. ^ "'Goliath: The 100-Year War Between Monopoly Power and Democracy' by Matt Stoller reviewed by Hans G Despain". marxandphilosophy.org.uk.
  17. ^ Berk, Gerald (October 9, 2019). "Monopoly and Its Discontents". The American Prospect.
  18. ^ "GOLIATH | Kirkus Reviews".
  19. ^ "Goliath: The 100-Year War Between Monopoly Power and Populism by Matt Stoller". Publishers Weekly.
  20. ^ Dayen, David (April 4, 2017). "This Budding Movement Wants to Smash Monopolies". The Nation. ISSN 0027-8378. Archived from the original on July 23, 2021. Retrieved July 9, 2021.
  21. ^ De La Cruz, Peter. "The Antitrust Pendulum Swings to the Populist Pole". The National Law Review. Archived from the original on July 9, 2021. Retrieved July 9, 2021.
  22. ^ "What more should antitrust be doing?". The Economist. August 6, 2020. ISSN 0013-0613. Archived from the original on September 6, 2021. Retrieved September 6, 2021.
  23. ^ Eeckhout, Jan (June 2021). The Profit Paradox: How Thriving Firms Threaten the Future of Work. Princeton University Press. pp. 246–248. ISBN 978-0-691-21447-4. Archived from the original on July 26, 2022. Retrieved December 12, 2021.
  24. ^ "Organized Money". Podnews. October 15, 2024. Retrieved November 19, 2024.
  25. ^ Yglesias, Matthew. "What market does Amazon monopolize?". www.slowboring.com. Retrieved August 7, 2024.
  26. ^ "Matt Stoller on X: "@DanRiffle Even if that were true why do Dems kee…".
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