Thesis
Goliath seeks to answer the question coming out of the 2008-2010 financial crisis, why did our leaders concentrate more power and wealth into the hands of the people that caused it? In other words, why did leaders bail out banks? He argues that the intent was to stop populist responses such as the New Deal. He argues that monopolistic forces have taken over, monopolies, duopolies, and cartels dominate our shopping, utilities, airlines, voting systems, internet and health care delivery. These forces of concentrations were able to take over because the baby boomer generation of leaders forgot the populists lessons of previous generations. He focuses on the 1970s, as the “Watergate Babies”, democrats elected following Nixon’s resignation, swept into office when this institutional memory reset.