The Facebook co-founder who has called for the destruction of the behemoth he helped create is putting his money where his mouth is.
Hughes co-chairs the Economic Security Project, an organization dedicated to reorienting the economy in favor of people over corporations. Thursday, they announced a new target in that fight: corporate monopolies in tech, healthcare, agriculture, finance, and beyond.
“Americans understand corporate power has gotten out of control,” Hughes told the Washington Post, “and a lot of [groups] are interested in organizing to push back against them.”
Hughes, along with several high-profile foundations, is committing $10 million to research and advocacy work in anti-trust law and policy through 2021. The specific recipients of the funds have yet to be announced. Read more...
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