Myth of Capitalism Monopolies and the Death of Competition 1st editon by Jonathan Tepper ISBN 1119548144 9781119548140

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ISBN 10: 1119548144
ISBN 13: 9781119548140
Author: Jonathan Tepper

The Myth of Capitalism tells the story of how America has gone from an open, competitive marketplace to an economy where a few very powerful companies dominate key industries that affect our daily lives. Digital monopolies like Google, Facebook and Amazon act as gatekeepers to the digital world. Amazon is capturing almost all online shopping dollars. We have the illusion of choice, but for most critical decisions, we have only one or two companies, when it comes to high speed Internet, health insurance, medical care, mortgage title insurance, social networks, Internet searches, or even consumer goods like toothpaste. Every day, the average American transfers a little of their pay check to monopolists and oligopolists. The solution is vigorous anti-trust enforcement to return America to a period where competition created higher economic growth, more jobs, higher wages and a level playing field for all. The Myth of Capitalism is the story of industrial concentration, but it matters to everyone, because the stakes could not be higher. It tackles the big questions of: why is the US becoming a more unequal society, why is economic growth anemic despite trillions of dollars of federal debt and money printing, why the number of start-ups has declined, and why are workers losing out.

Myth of Capitalism Monopolies and the Death of Competition 1st Table of contents:

Chapter One: Where Buffett and Silicon Valley Billionaires Agree

Key Thoughts from the Chapter

Chapter Two: Dividing Up the Turf

Key Thoughts from the Chapter

Chapter Three: What Monopolies and King Kong Have in Common

Lower Wages and Greater Income Inequality

Higher Prices

Fewer Startups and Jobs

Lower Productivity

Lower Investment

Localism and Diversity

Key Thoughts from the Chapter

Chapter Four: Squeezing the Worker

Key Thoughts from the Chapter

Chapter Five: Silicon Valley Throws Some Shade

Key Thoughts from the Chapter

Chapter Six: Toll Roads and Robber Barons

Monopolies (and Local Monopolies)

Duopolies

Oligopolies

Key Thoughts from the Chapter

Chapter Seven: What Trusts and Nazis Had in Common

Key Thoughts from the Chapter

Chapter Eight: Regulation and Chemotherapy

Key Thoughts from the Chapter

Chapter Nine: Morganizing America

Key Thoughts from the Chapter

Chapter Ten: The Missing Piece of the Puzzle

Key Thoughts from the Chapter

Conclusion: Economic and Political Freedom

Principles for Reform

Solutions and Remedies

And Finally, What You Can Do …

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