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Planet Money · Friday, September 25, 2026

'Middlegarchy' Uses Political Power to Shape Consumer Industries

The 'middlegarchy,' a group of wealthy private business owners, is actively using their influence to shape various consumer-facing industries. According to economist Eric W., this group's power extends to areas such as car sales, dental care, beer distribution, and even medical diagnoses.

personEric W.

The tape

2 quotes
“And how today, those middlegargs are wielding their power to shape how we buy cars. Who gets to whiten our teeth? Where we get our beer? Whether a nurse can diagnose us or it has to be a doctor.”
Sarah Gonzalez
“And how the middlegargs also shape who pays what in taxes. Are they the protagonists of this story or the antagonists?”
Sarah Gonzalez
Heard on Planet Money — “Middlegarchs are the new Oligarchs”, published Friday, September 25, 2026. Heardvine summarizes and quotes with attribution and timestamps, and links to the original everywhere.
Transcribed via Gemini audio transcription · $0.05
'Middlegarchy' Uses Political Power to Shape Consumer Industries — Heardvine