Jeff Bezos Just Taught Liberal Elites How Oligarchy Really Works
Jeff Bezos Just Taught Liberal Elites How Oligarchy Really Works Bezos was feted as the savior of the Washington Post in 2013, now he's reviled for mass layoffs. But it's also Google who helped crush the paper. Liberal elites are starting to learn about oligarchy. Matt Stoller In August of 2019, Senator Bernie Sanders faced negative coverage of his Presidential campaign by a vaunted national newspaper, the Washington Post. This publication was revered in D.C., having broken the Watergate scandals and brought down Richard Nixon in the 1970s. It had delivered a host of important stories over the decades since, seen as a public trust so important that Steven Spielberg made a movie about the publisher’s decision to help publish the Pentagon Papers. But like most newspapers, it had stumbled in the early 2010s. At the time, newspapers were doing badly due to what they thought was a decline in ad spending due to the financial crisis. Philanthropists were musing on how to sav...