Thomas Ferguson has investigated money in politics for decades, and he has found, over and over again, that money and election outcomes are directly linked. He joins Suzi to talk about how Silicon Valley, finance, defense, and crypto have fused into what he calls “red tech.” Ferguson explains why the Democrats’ crisis isn’t about messaging — it’s about failing to deliver for working people while catering to donors. We dig into the investment theory of politics, the K-shaped recovery, crypto’s bipartisan capture, and the structural impasse at the heart of the Democratic coalition. What does this new tech-capital bloc mean for labor, democracy, and the future of US politics? Jacobin Radio with Suzi Weissman features conversations with leading thinkers and activists, with a focus on labor, the economy, and protest movements.
