American monopolies consolidated market power for years. Now that there’s supply chain trouble, they can raise prices and blame it on the pandemic. This is exactly what’s happening. The economy is not BOOMING thus causing inflation. People don’t have so much money that they are on a shopping spree, driving up prices. … Continue reading America’s Richest Companies Are Causing High Prices, Inflation
The original rules of Monopoly were meant to demonstrate what was wrong with capitalism. What went wrong? Under the ‘Prosperity’ set of rules, every player gained each time someone acquired a new … Continue reading Monopoly was invented to demonstrate the evils of capitalism
The platform briefly blocked some of Warren’s ads attacking it. Her response: ‘Curious why I think FB has too much power?’ Whoops, bad timing FaceBook. Source: #BreakUpBigTech: Elizabeth Warren says Facebook just … Continue reading #BreakUpBigTech: Elizabeth Warren says Facebook just proved her point
Most DirecTV Now prices go up $5 a month, weeks after AT&T bought Time Warner. Duh. Will we ever learn? Source: AT&T promised lower prices after Time Warner merger—it’s raising them instead … Continue reading AT&T promised lower prices after Time Warner merger—it’s raising them instead
Very informative article. The bottom line is that corporations have grown so large and have gobbled each other up to the point where there are less public companies today than in the … Continue reading Why American Workers Aren’t Getting A Raise: An Economic Detective Story
Any day now, the Department of Justice will announce whether the AT&T-Time Warner mega-merger will be permitted. Less competition and higher costs will be the result. Source: The merger between AT&T and … Continue reading The merger between AT&T and Time Warner is a raw deal for the rest of us
Mega-mergers in the food sector have become commonplace, but EU laws do little to help it keep check on the impact this could have on the environment, public health, and food security. … Continue reading Bayer-Monsanto merger could reshape EU food sector
The reason American governance is dysfunctional is simple: We have turned much of our sovereignty over to private interests in the form of monopolies. So while our politicians can discuss important social … Continue reading We Said Google Was Dangerously Powerful, Then Google Proved Us Right.