In his new book, Tyranny Inc.: How Private Power Crushed American Liberty—and What to Do About It, Sohrab Ahmari argues that the concentration of economic power in the hands of a few corporations has created a new form of tyranny in America. “Coercion is far more widespread in supposedly noncoercive societies than we would like to think—provided we pay attention to private power and admit the possibility of private coercion,” Ahmari, founder and editor of Compact magazine, writes.

On this episode of the Capitalisn’t podcast, Ahmari joins cohosts Bethany McLean and Luigi Zingales to discuss the complex relationship between capitalism, personal freedoms, and political power. The conversation sheds light on what classical liberalism ignores, how today’s political right is discovering what the political left may have forgotten, and ultimately, where the two sides may be able to work together.

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