I listened to this episode yesterday. Several interesting points and discussion, and the political industrial complex is real, but I'm not 100% convinced by the argument that the two parties are a duopoly therefore they do not serve the public. While the political system basically ensures that there are only two parties, they rotate over time and adopt or discard ideas as the public needs them to.
Clay Shirky discusses this argument in https://medium.com/@cshirky/theres-no-such-thing-as-a-protes...