Sohrab Ahmari On The "Tyrannical" Free Market

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Sohrab is a founder and editor of Compact: A Radical American Journal, and he’s a contributing editor at The American Conservative. He spent nearly a decade at News Corp. — as the op-ed editor of the New York Post and as a columnist and editor with the WSJ opinion pages in New York and London. His first appearance on the Dishcast addressed what he sees as “the failures of liberalism.” This time, we debate his new book, Tyranny, Inc.: How Private Power Crushed American Liberty — and What to Do About It.

For two clips of our convo — on whether low wages are worth the low prices they create, and how hedge funds destroy companies — pop over to our YouTube page. Other topics: debating the rhetorical use of “coercion”; how the private sector isn’t truly private; “scheduling precarity” — when bosses restrict shifts; how unpredictable shifts harm kids; byzantine contracts; the Hollywood strike; AI and human likeness data; how workers and bosses aren’t symmetrical; Adam Smith wanted labor protections; Hayek and Friedman supported the welfare state; the dominance of private equity firms; turning newspapers into ghost papers of syndication; Wall Street’s obsession with cash flow over investment; remembering that workers are also consumers; the cost of clothing is nothing compared to the past; the sheer variety of the free market; when workers can’t afford the products they make; why half of fast-food workers rely on welfare; a low-wage job is better than no job; why Sohrab champions the New Deal, the Wagner Act, Tripartism and Sabbath laws; my upbringing in a stagnant, state-run economy in England; Thatcher and Blair as capitalists who spent a ton on public goods; sectoral bargaining in Europe; the miracle drugs of Big Pharma; the Silicon Valley Bank collapse; declining life expectancy in the US; the opioid crisis; Trump’s vacant policy agenda; and Sohrab supporting Hawley/Vance/Rubio but also giving credit to Biden for his economic and trade policies.

Browse the Dishcast archive for another convo you might enjoy (the first 102 episodes are free in their entirety — subscribe to get everything else). Coming up: Freddie deBoer on his new book How Elites Ate the Social Justice Movement, Vivek Ramaswamy on his vision for America, and Leor Sapir on the evolving treatment of gender dysphoria. Please send any guest recs and pod dissent to [email protected].