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Reviewed by Jamie Michele for Readers' Favorite
In Hijacked, Alan Cohen traces how political power moved from citizens toward large corporations as deregulation expanded from the late twentieth century onward. He connects Ronald Reagan’s tax policies to reduced union power, then follows the protection given to banks after the 2008 financial collapse under Barack Obama. Supreme Court decisions such as Citizens United widened corporate influence over elections, leaving both parties dependent on wealthy donors. Cohen argues that markets operate through laws written by government, so concentrated wealth becomes political power when those laws favor corporate owners. His proposed answer is a new party financed through small donations that begins in local elections before seeking office. Its representatives would follow majority-backed policies while returning public authority to voters across the United States.
Alan Cohen’s Hijacked has the perfect title, taking its name from his argument that corporate power has seized citizens’ rights. I admit, now having read Cohen's work, that I agree. This is an extremely timely book and virtually everything shared connects with actual near-current events. Cohen shows how Amazon’s market dominance can squeeze independent sellers, a concern reflected in the FTC’s 2023 monopoly suit. He also talks about how corporate landlords can make housing less affordable, matching the Justice Department’s 2024 RealPage case over alleged rent coordination. The writing is conversationally academic, turning legal history and economic policy into an accessible discussion. Readers with little political background can follow Cohen’s reasoning, while those with greater foundational knowledge will find substantial documented material supporting his case. I think his proposed new party is plausible, beginning in city councils, where small donations can support campaigns as voters judge results locally. National success is possible through sustained membership. Hijacked is not a light read and is a genuinely ambitious book, but it is also an important one. Very highly recommended.
