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  • Stanford Legal

    The Case for a Public Share in AI

    25.06.2026 | 25 Min.
    Artificial intelligence is rapidly reshaping the economy, but two Stanford Law alumni argue that existing tax frameworks are failing to capture—or fairly distribute—the value it generates. Jeremy Bearer-Friend, JD '14, a professor at George Washington University Law School, and Sarah Polcz, JSM '12, JSD '20, a professor at UC Davis School of Law, join co-host Professor Richard Thompson Ford to discuss a proposal that would require leading AI companies to pay a portion of their taxes in equity rather than cash, with those shares placed into a public trust, and their work with U.S. Senate members to make this happen.

    The conversation explores a central question: If AI was built on vast amounts of human-generated text, images, and creative work, who is entitled to share in the wealth it produces? Bearer-Friend and Polcz connect their proposal to broader concerns about wealth concentration and whether the gains from AI will flow to a narrow class of tech executives and investors—or to the public at large.

    The episode also examines how an equity-based tax could work in practice, including questions of governance, political insulation, and the mechanics of a sovereign wealth fund, and what it would mean to give the public a direct stake in the companies shaping the future of artificial intelligence.

    Links:

    Jeremy Bearer-Friend  >>> GW Law School page

    Sarah Polcz  >>> UC Davis School of Law page

    “Sharing the Algorithm: The Tax Solution to Generative AI” >>> Columbia Journal of Tax Law page

    American AI Wealth Fund Bill >>> PDF

    “Everyone Wants to Tax A.I. The Big Disagreement: How?” >>> NY Times DealBook page

    “Don’t laugh off Bernie Sanders’ communist AI-heist attempt — young voters are falling for it” >>> New York Post page

    Connect:

    Episode Transcripts >>> Stanford Legal Podcast Website

    Stanford Legal Podcast >>> LinkedIn Page

    Rich Ford >>>  Twitter/X

    Pam Karlan >>> Stanford Law School Page

    Stanford Law School >>> Twitter/X

    Stanford Lawyer Magazine >>> Twitter/X

    (00:00:00) A Tax Paid in Stock

    (00:02:14) IP, Inequality, and the AI Boom

    (00:05:56) Why the Public Deserves an Equity Stake

    (00:11:58) How the Tax Would Actually Work—Stock, Rates, and Governance

    (00:16:59) Sanders, Trump, and a Race to Co-opt the Idea

    (00:21:06) Objections, Safeguards, and the Road Ahead

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  • Stanford Legal

    The Declaration of Independence and Conditions for Democratic Flourishing

    23.06.2026 | 52 Min.
    In the opening episode of The Declaration at 250, Michael McConnell introduces former Secretary of State Condoleezza Rice and historian David Kennedy to ask a deceptively simple question: what does it actually take for democracy to work?

    Rice argues that the Declaration of Independence marks not the birth of democracy, but the end of tyranny—and that the real work begins afterward. Democracies flourish only when citizens build durable institutions: a workable balance of power among branches, an independent judiciary, and (often most crucially) a vibrant civil society that channels protest into law, governance, and everyday problem-solving. Drawing on her experiences—from segregated Birmingham to global transitions—Rice highlights how democracies fail when executives become unchecked (Russia) or when states are too weak to govern (Afghanistan), and how they can succeed when institutions gain legitimacy over time (Poland, Kenya, and examples shaped by external constraints like the EU).

    Kennedy responds by tracing the Declaration’s promise of equality as principle, observed condition, aspiration, and enforceable law—while emphasizing the tension between democratic equality and a pluralistic society. He closes with a warning about declining trust in institutions and one another, urging renewed attention to civil society—the practical, local, often unglamorous work that turns founding ideals into lived reality.

    Connect:

    Episode Transcripts >>> Stanford Legal Podcast Website

    Stanford Legal Podcast >>> LinkedIn Page

    Stanford Constitutional Law Center >> Website

    Stanford Law School >>> Twitter/X

    Stanford Lawyer Magazine >>> Twitter/X

    Chapters:
    [00:00:00] Welcome & series launch (Karlan + McConnell)

    Pam Karlan introduces the special episode; Michael McConnell launches The Declaration at 250 and the project’s guiding question.

    [00:00:54] Framing the episode: What does democracy need to flourish?

    McConnell previews the episode’s focus on democratic flourishing, featuring Condoleezza Rice with response from historian David Kennedy.

    [00:02:04] Rice: The Declaration ends tyranny; democracy is the harder next step

    Rice argues the Declaration is fundamentally revolutionary—overthrowing the old—raising the problem of how revolutions become democracies.

    [00:06:05] Rice: America’s conditions, near-failures, and why separation of powers matters

    Rice describes the U.S. “luck,” the near-collapse under the Articles and the Civil War, and the Constitution’s durability through distributed power.

    [00:11:37] Rice: Civil rights, law, and a “second founding” (1964–65)

    Drawing on personal experience and movement strategy, Rice emphasizes institutional change—litigation, amendments, and landmark legislation—as democracy’s engine.

    [00:20:00] Rice: Institutions vs. culture—lessons from Russia, Afghanistan, Tunisia, Poland, Kenya, Hungary

    Rice rejects “DNA for democracy” explanations and shows how executive strength, civil society, and institutional legitimacy shape success or failure.

    [00:32:33] Kennedy: Equality’s evolving meaning—and the civil society trust crisis

    Kennedy traces equality from Jefferson to the 14th Amendment and warns that declining trust and civic know-how signal weakening civil society.

    [00:42:52] Kennedy’s question: “Spirit of constitutionalism,” plus depersonalization (social media/suburbanization)

    Rice defines constitutionalism as lived civic practice beyond paper rights; both discuss forces eroding community and shared institutions before closing.

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  • Stanford Legal

    Declaration at 250 Trailer

    18.06.2026 | 1 Min.
    00:00:00 — What new can be said about the Declaration at 250?

    McConnell opens with the core question and frames 250 years of interpretation, celebration, and controversy.

    00:00:58 — The big themes the series will test: democracy, critiques, duties, and constitutional influence

    A preview of the agenda: what makes democracies flourish, modern challenges to founding principles, rights versus duties, and the Declaration’s impact on state constitutions and government structure.

    00:01:19 — The forward-looking questions: law, AI, and America’s “promissory note”

    The trailer highlights upcoming debates over whether the Declaration is law, how it applies to artificial intelligence, and its continuing moral force from Lincoln to MLK.

     

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  • Stanford Legal

    Inside the Trump Administration's Immigration Agenda

    11.06.2026 | 33 Min.
    The birthright citizenship case and immigration raids have drawn headlines and national attention, but Lucas Guttentag, who teaches immigration law at Stanford and Yale law schools, says some of the Trump administration’s most consequential immigration changes are unfolding with far less public scrutiny.

    Guttentag, one of the nation’s leading immigration law experts and founder of the ACLU Immigrants’ Rights Project, joins host Professor Pamela Karlan for a wide-ranging conversation about current American immigration policies. Guttentag discusses his time in the Biden administration and compares policies in the first Trump administration with those of the second. He also focuses on the Immigration Policy Tracking Project, an effort he launched in 2017 with law students to document every Trump administration immigration policy, implementation memo, directive, and related legal challenge. The tracker, he explains, is designed to make visible what can otherwise be hard to see: hundreds of policy changes that, taken together, are reshaping the immigration system.

    The episode examines what these changes mean for immigration courts, bond hearings, temporary protected status, green card applications, and the lawyers challenging the administration in court. One of Guttentag’s central points is that immigration is a civil system, not a criminal one, and the distinction matters for anyone trying to understand what is happening now.

    Links:

    Lucas Guttentag >>> Stanford Law School page

    Immigration Policy Tracking Project >>> IPTP page

    Connect:

    Episode Transcripts >>> Stanford Legal Podcast Website

    Stanford Legal Podcast >>> LinkedIn Page

    Rich Ford >>>  Twitter/X

    Pam Karlan >>> Stanford Law School Page

    Stanford Law School >>> Twitter/X

    Stanford Lawyer Magazine >>> Twitter/X

    (00:00:00) The Immigration Policy Tracking Project

    (00:07:33) The Dismantling of the Immigration Court System

    (00:12:15) "Public Spectacle and Private Terror" — Tactics of Fear 

    (00:17:32) Asylum, TPS, and the Racial Undercurrent

    (00:21:51) The Courts Push Back 

    (00:29:22) What a Rebuilt Immigration System Would Look Like 

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  • Stanford Legal

    The Law Must Be King

    28.05.2026 | 55 Min.
    In this special episode, recorded at the Neukom Center's Rule of Law Speaker Series, Judge J. Michael Luttig, former Fourth Circuit judge and ex-General Counsel of Boeing,  discusses a looming constitutional crises facing the United States. Drawing on Lincoln, Paine, and Churchill, Judge Luttig argues that the Trump administration's actions represent not the exploitation of constitutional vulnerabilities, but unconstitutional conduct that federal courts have repeatedly struck down. He expresses particular alarm over the Supreme Court's use of the shadow docket to stay lower court decisions without briefing, argument, or written reasoning — a practice he characterizes as a crisis within the Court itself. Judge Luttig also addresses the DOJ's institutional corruption, Congress's abdication of war powers and tariff authority, and the Supreme Court's sweeping immunity ruling in Trump v. United States. Throughout, he challenges law students to treat their professional oath as a solemn civic obligation in a moment of national testing.

    Links:

    Honorable J. Michael Luttig >>> Federal Judicial Center page

    Connect:

    Episode Transcripts >>> Stanford Legal Podcast Website

    Stanford Legal Podcast >>> LinkedIn Page

    Rich Ford >>>  Twitter/X

    Pam Karlan >>> Stanford Law School Page

    Stanford Law School >>> Twitter/X

    Stanford Lawyer Magazine >>> Twitter/X

    (00:00) America at 250—A Nation Under Assault from Within

    (14:00) The Legal Profession as Guardian of the Constitution 

    (20:30) Unconstitutional by Design—The Trump Administration's Legal Record

    (28:00) The Corruption of the DOJ

    (36:00) Congress, the War Power, and the Collapse of Separation of Powers

    (42:30) The Supreme Court, the Shadow Docket, and Presidential Immunity 

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Über Stanford Legal
Law touches most aspects of life. Here to help make sense of it is the Stanford Legal podcast, where we look at the cases, questions, conflicts, and legal stories that affect us all every day. Pam Karlan studies and teaches a range of constitutional law-related courses with a special focus on what is known as the “law of democracy,”—the law that regulates voting, elections, and the political process. She served as a commissioner on the California Fair Political Practices Commission, an assistant counsel and cooperating attorney for the NAACP Legal Defense Fund, and (twice) as a Deputy Assistant Attorney General in the Civil Rights Division of the U.S. Department of Justice. She also co-directs the Stanford Supreme Court Litigation Clinic, which represents real clients before the highest court in the country, working on important cases including representing Edith Windsor in the landmark case striking down the federal Defense of Marriage Act and Donald Zarda in a case where the Supreme Court held that Title VII of the Civil Rights Act of 1964 protects LGBT individuals against discrimination in employment. She has argued before the Court ten times. And Rich Ford’s teaching and writing look at the relationship between law and equality, cities and urban development, popular culture and everyday life. He teaches local government law, employment discrimination, and the often-misunderstood critical race theory. He studied with and advised governments around the world on questions of equality law, lectured at places like the Sorbonne in Paris on the relationship of law and popular culture, served as a commissioner for the San Francisco Housing Commission, and worked with cities on how to manage neighborhood change and volatile real estate markets. He writes about law and popular culture for lawyers, academics, and popular audiences. His latest book is Dress Codes: How the Laws of Fashion Made History, a legal history of the rules and laws that influence what we wear. Law matters. We hope you’ll listen to new episodes that will drop on Thursdays every two weeks. To learn more, go to https://law.stanford.edu/stanford-legal-podcast/.
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