Reinventing the Rip-Off with Lindsay Owens
Summary
Jon Stewart interviews Lindsay Owens, author of "Gouged: The End of a Fair Price," to discuss how corporate collusion and AI-driven algorithms exploit consumers. They examine the Federal Reserve's response to policy-induced inflation and reveal how companies like Instacart and Delta use data to charge different prices to different shoppers. The conversation also covers historical examples of price fixing, such as the Phoebus lightbulb cartel, and modern surveillance pricing tactics that maximize profits at the expense of fairness.
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