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The Broken Political System with Morgan Harper

Peter McCormack

Interview | Description | Timestamps | Show Notes

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The Broken Political System with Morgan Harper - WBD448 Peter McCormack

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Location: New York
Date: Friday 10th December
Project: Democratic primary for 2022 US Senate election in Ohio
Role: Democratic candidate 

It is a common refrain that US politics is broken: a two-party system limiting serious debate, corporations corrupting politics via PACs and lobbyists, media monetizing rage, a polarised electorate demonizing the opposition. The themes are well worn, but nothing seems to change.

At the same time, society is beset by a growing list of material issues: rising inequality, a squeezed middle class, unprecedented levels of debt, impacts of technology on jobs, climate change, the rise of China, etc. etc. etc. 

There are strong grounds to suggest that such issues can only be only mitigated or solved through coordinated action managed by the government. There are equally persuasive arguments that rather than fix things, the government actually exacerbates problems. 

If we are to start to repair society, we need to fix politics. This starts with having politicians citizens can trust, politicians that are informed, politicians not beholden to corporations, politicians that make decisions based firmly on the merit of an argument.   

Cynicism is justified, but it does seem there is a new cohort of budding representatives on both sides of the political spectrum who want to bring such change.

In this interview, I talk to former senior advisor at the Consumer Financial Protection Bureau and prospective Democratic candidate for the 2022 US Senate election in Ohio, Morgan Harper. We discuss her political motivations, removing corporate money from politics, how Bitcoin can help level the playing field, and taking politics out of policy.

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00:03:45: Introductions
00:06:48: Morgan's opposition for Senate
00:09:29: Avoiding political corruption
00:11:17: A vision of change for Washington
00:14:53: The Consumer Financial Protection Bureau
00:19:20: The 2008 Financial Crisis
00:24:08: Corporate PACs and campaign financial bribery
00:27:45: Broken democracy
00:29:10: Media in politics and the fairness doctrine
00:31:17: Big Tech political bias
00:37:57: Morgan and Bitcoin
00:42:15: The increasing political interest in Bitcoin
00:46:39: Lack of privacy in finance and Big Tech
00:50:05: Political labels
00:53:58: Elizabeth Warren
00:56:02: Final comments

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