We have written earlier (for example our article The Monopolization of America) about the increasing concentration of market power In the hands of just a few corporations. This is a phenomenon occurring throughout the US economy (really more broadly across the globe). Here is an 11 minute review of the history and current state of monopolies in our economy.
PDF 📄Adam Smith discussed the harms caused by monopolies in the frequently, ritualistically cited book, The Wealth of Nations. The progressive politics of the end of the 19th century and into the beginning of the --->> read more -->>
PDF 📄 Corporate concentration of income and wealth are core features of capitalism. From its earliest chroniclers and cheerleaders like Adam Smith, the drive for corporations to get ever larger and in the doing drive --->> read more -->>
PDF 📄As WWII was trending towards an end, President Roosevelt proposed a Second Bill of Rights, a bill of economic rights, in his January 11, 1944 State of the Union address. Here is that section --->> read more -->>