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Challenging Monopoly Power: Why Local Business is Better for People, the Planet, and Your Wallet with Stacy Mitchell

The Great Simplification with Nate Hagens

Release Date: 10/22/2025

Wide Boundary News: Peak Oil (Not!), Peak Dispatchability, and WEF Risks show art Wide Boundary News: Peak Oil (Not!), Peak Dispatchability, and WEF Risks

The Great Simplification with Nate Hagens

This week’s Frankly is another edition of Nate’s Wide Boundary News series, where he invites listeners to view the constant churn of headlines through a wider-boundary lens. Today’s edition features reflections on a new peak in crude oil production, the growth of non-dispatchable electricity, and a report recently released by the World Economic Forum assessing global risks. Nate ties each topic to the larger story of the Great Simplification, updating listeners on what pathways might be available to pursue the long-term stability of humanity in the biosphere.  What factors have...

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The Great Simplification with Nate Hagens

This week’s Frankly unpacks humans’ current identification with the label “consumer.” Consumption is something much deeper and more nuanced than shopping or spending. Nate highlights the ways that it shows up across our whole lives – from basic needs and stability to status and mental escape. He outlines a “consumption pyramid” framework that acts as a map for the different layers of consumption present in daily life, emphasizing that they vary in dependency, reliability, and necessity. This episode also explores why this understanding is especially relevant in a world that will...

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The Great Simplification with Nate Hagens

Collapse has long been discussed in the public imagination as something that happens suddenly, immediately turning the world upside down. But history shows that collapse is more often characterized by the slow unraveling of a civilization. Usually, this is due to some combination of resource scarcity, economic stagnation, and compounding disruptions to productive capacity – yet it’s barely perceptible in the day-to-day lives of the people within it. What are the signs that we could be living through such a moment right now, and if we are, how does history tell us to prepare for what’s to...

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Last week there was so much news Nate recorded two Franklies – this is the second of those, which shares his reflections on a recent seminal essay posted by Anthropic CEO Dario Amodei, likening Artificial Intelligence as a "rite of passage" for the human species rather than just a narrow technological breakthrough. Amodei posits the possibility that we are now in what Carl Sagan once called a phase of “technological adolescence,” wherein humans’ technologies and tools become powerful enough to reshape or destabilize civilization faster than our collective wisdom can keep up. As a...

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Wide Boundary News: Japan, Silver, Venezuela, and More – the Biophysical Phase Shift Cometh show art Wide Boundary News: Japan, Silver, Venezuela, and More – the Biophysical Phase Shift Cometh

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This week’s Frankly inaugurates a new category for videos on The Great Simplification platform, Wide Boundary News, in which Nate invites listeners to view the constant churn of headlines through a wider-boundary lens. As we are increasingly inundated with vast quantities of news (and nervous system dysregulation!), it becomes important to be able to tease out a thread on how they interconnect. The stories we tell ourselves about progress, growth, and stability no longer perfectly line up with the biophysical reality beneath them – in Nate’s words, ‘A biophysical phase shift cometh.’...

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The New Generation of Environmental Leadership: Stubborn Optimism, Tending Your Inner Fire, and Why Hope Is Not Enough with Xiye Bastida show art The New Generation of Environmental Leadership: Stubborn Optimism, Tending Your Inner Fire, and Why Hope Is Not Enough with Xiye Bastida

The Great Simplification with Nate Hagens

For many people reading this, the crises we discuss on this podcast – from ecological instability to financial collapse – often feel like a distant problem in the future. But for the youth of today, managing the impact of these situations will define most of their lives, and many have already dedicated their careers to mitigating the worst outcomes. What do the leading young voices envision for the future, and what are they doing today to make that a reality?  In this episode, Nate is joined by indigenous environmental justice activist and Planetary Guardian, Xiye Bastida, to discuss...

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The Creature in the Machine | Frankly 120 show art The Creature in the Machine | Frankly 120

The Great Simplification with Nate Hagens

In this week’s episode, Nate reflects on his experience with knee surgery and being a “creature in the machine” (the Superorganism). He touches on the often-forgotten nature of our physical existence in a world dominated by cognitive labor and abstractions, exploring the tension between gratitude for the gains of modern medicine and knowledge of the hidden energetic cost of these technologies.  Alongside these personal reflections, Nate unpacks his thoughts on some current political events and considers timely questions of power, legitimacy, and social fragmentation in a post-peak...

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The Great Simplification with Nate Hagens

Humans have shaped the world more than any other species in existence, largely due to our ability to coordinate and work together as a unit – in other words, to govern ourselves. This means that, while human societies are at the center of the many crises we face today, we are also the key to navigating through them safely. But this is only possible if we’re able to hold the foundations of our governance together: communication, agency, and remembering our shared humanity. What is the current state of our ability to do this, and what policy mechanisms and agreements are needed to navigate...

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Technology and Wealth: The Straw, the Siphon, and the Sieve | Frankly 119 show art Technology and Wealth: The Straw, the Siphon, and the Sieve | Frankly 119

The Great Simplification with Nate Hagens

In this week’s Frankly, Nate explores the relationship between technology and wealth when viewed through a global biophysical lens. He uses the visualization of a straw, siphon, and sieve to describe how technology enables the acceleration of physical resource extraction and the concentration and filtering of resulting ‘wealth’ towards the human species. Running contrary to the commonly-held idea that technology automatically creates monetary wealth (and therefore prosperity), this episode asks listeners to view real wealth as the underlying stocks and flows that make life on Earth...

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The Great Simplification with Nate Hagens

For decades, the West has outsourced its own material production to other countries, in favor of lower costs and short-term returns over more expensive, long-duration investments like mining and manufacturing. But while this has seemed like a success on the surface, it has left us with a society based on consumption, unable to produce what we need on our own. What are the deeper costs of this long-term offshoring – including for our geopolitical, climate, and technological ambitions? In this conversation, Nate is joined by materials expert and investor Craig Tindale, who explores the...

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More Episodes

Monopolistic business practices have been illegal in the United States for more than a century. Yet, monopoly power continues to accelerate in our modern commercial landscape. Large, powerful corporations edge out smaller businesses, often citing scale, “efficiency”, and lower costs as their reasons for success. But looking more closely reveals a reality that is far different. Small businesses are more cost-effective and deliver better results to the people they serve than giant corporations. Furthermore, they form the backbone of engaged and connected communities. So what is actually preventing small businesses (and communities) from flourishing, and what can individuals do today to build economic power in their communities? 

In this episode, Nate is joined by economic writer and strategist, Stacy Mitchell, to explore how concentrated economic power shapes the health of towns and cities – from economic resilience to social connectedness. They unpack why big businesses actually deliver poorer, pricier results and more vulnerable supply chains, yet are able squeeze smaller businesses out of the market. Stacy also sheds light on the United States’ long history of breaking up monopolies through antitrust laws, and the policy developments in recent decades that have prevented their enforcement. 

How do small businesses play an integral role in fostering resilient social capital? Why have we seen an increase in economic consolidation and inequality in the last several decades, and how can we reverse it? Finally, what practical steps can each of us take in our own communities to advance more localized economic systems that better serve people and the planet?

(Conversation recorded on September 18th, 2025) 

 

About Stacy Mitchell:

Stacy Mitchell is a writer, strategist, and policy advocate. She is Co-Executive Director of the Institute for Local Self-Reliance, an organization that for five decades has challenged the wisdom of neoliberalism and championed local, community-oriented models. She also serves on the board of the Maine Center for Economic Policy.  

Additionally, Stacy is the author of Big-Box Swindle: The True Cost of Mega-Retailers and the Fight for America’s Independent Businesses. In 2016, she co-authored Amazon’s Stranglehold, an influential report that took a critical eye to the e-commerce giant. Congress cited her research on Amazon’s monopolization strategy in its investigation of Big Tech’s dominance in 2021 and her work informed the Federal Trade Commission’s antitrust lawsuit against the company in 2023. She has also worked extensively at the local level, helping communities craft policies that support local entrepreneurship and vibrant commercial districts. 

 

Show Notes and More

Watch this video episode on YouTube

 

Want to learn the broad overview of The Great Simplification in 30 minutes? Watch our Animated Movie.

 

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