With Trump last night becoming the GOP nominee and now having his largest polling lead — and with Biden reportedly on the verge of dropping out — David Sirota, Arjun Singh, and The Atlantic’s Tyler Austin Harper review what is one of the wildest moments in American political history. The biggest question of all: Will the Democrats decide to lose the election, or will they actually fight to win?

It's been an extraordinary three weeks in American politics. Biden's disastrous debate performance brought the questions about his age and mental fitness center stage, a gunman nearly assassinated former President Donald Trump, and Republicans went full MAGA by announcing former never-Trumper J.D. Vance as Trump's runningmate at the Republican National Convention. All while the Democrats squabble over Biden’s future.

Should he stay or should he go? President Joe Biden’s decision to remain in the presidential race has consequences for hundreds of millions of people — and it has at least one Democratic National Committee member and convention delegate inquiring whether the party can force him off the ticket. But if Biden’s out, corporate lobbyists who’ve embedded themselves into the party could help select the new nominee.

Today on Lever Time, Arjun Singh speaks withThe American Prospect’s Executive Editor David Dayen, Jacobin staff writer Branko Marcetic, and Sludge co-founder David Moore to unpack the divide fracturing the Democratic Party and look at how corporate power is woven into the fabric of the party’s convention, to be held in Chicago from August 19 to 22.

Biden’s road to the 2024 presidential nomination has been anything but democratic. Team Biden crushed all attempts to have him prove his mettle against primary challengers. After his disastrous debate performance against Trump triggered a revolt within his own party, Biden didn’t hold a town hall to meet with the public — he hopped on the phone with his top donors.

Now, those same donors could portend Biden’s downfall, with wealthy backers like George Clooney urging the president to step down, and others yanking their donations. Will the new alliance between a majority of Democratic voters and the party’s elite insiders all be on the same page regarding Biden’s potential replacement?

Today on Lever Time, we unpack how corporations built and then broke the supply chain — and more importantly, how they took advantage of the COVID-19 pandemic to price gouge everybody else.

During the COVID-19 pandemic, it felt like we ran out of everything: toilet paper, hand sanitizer, microchips, exercise bikes, and more. High demand and supply shortages rocked the economy. Now we know that it was the corporations that did it to themselves.

In his new book How the World Ran out of Everything: Inside the Global Supply Chain, veteran New York Times reporter Peter Goodman who covers the global economy unspools the long and sordid history of how the supply chain went global, then consolidated, and ultimately ended up in the hands of just three companies — creating a complicated and surprising crisis that has unfolded around the world.

Then, as inflation began to set into the economy, corporations saw a huge opportunity to raise prices as consumers grew desperate — and they took it, giving us “greedflation.” In this episode of Lever Time, Goodman and Lindsay Owens, the executive director of The Groundwork Collaborative, sit down with senior podcast producer Arjun Singh to unpack how that gave us inflation.