Economy

Real Estate Development – a local story –

We generally don’t report or comment on local affairs here at AmericanDelusions. But, the craziness of real estate development in Greenport, the town that surrounds our hometown of Hudson, illustrates a downside of our market centered economy working in an environment where whatever the market wants it gets. The Greenport Planning --->> read more -->>
Economy

The Monopolization of America

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 20th was marked by a deep reaction to the monopolistic practices of large companies then. This --->> read more -->>
F.C. Howe quote about business rules
Economy

John Oliver and Monopoly Capitalism

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 their competitors out of the market was noted and warned against. In the US, the late 19th --->> read more -->>
Economy

The New Digital Monopoly Capitalism

The New Digital Monopoly Capitalism Capitalism has always been marked by relentless growth, the destruction of smaller businesses by larger, and ultimately the creation of oligopoly and monopoly corporations. From the earliest descriptions of capitalism, even by proponents like Adam Smith, this tendency towards concentration was warned against. In the --->> read more -->>