April 27, 2014

MATTHEW CONTINETTI: Oligarchy In The 21st Century: Think rich conservatives rule the world? Think again.

Above the article on Piketty is another profile, headlined “Comcast’s Real Repairman.” Its subject is David Cohen, the executive vice president of the communications giant Comcast, who wants the government to approve the proposed merger between his company and Time Warner Cable. The deal would make Comcast the largest cable provider in America, with some 30 million customers.

Last year Cohen made about $14 million. He began his career as chief of staff to Ed Rendell, the former Democratic governor of Pennsylvania. And while he backs some Republicans, mainly Pennsylvania politicians who stand to make life easier for his Philly-based conglomerate, Cohen leans left. His political giving favors Democrats, as does the overall giving of his company. President Obama, who appears frequently on Comcast-owned networks, has golfed with Cohen’s boss. Obama has been to Cohen’s house. “I have been here so much,” he said during a 2013 visit, “the only thing I haven’t done in this house is have Seder dinner.” There is always next year.

If the business editors of the Times were aware of the irony of lamenting the political influence of great wealth on one half of their page while handling it with kid gloves on the other, they gave no sign.

By now, it’s just part of the background.