Search Results for monopoly

Nobel Prize winners Duflo and Bannerjee take on idealized views of markets. They target the role of financial incentives, markets as self-correcting, efficient and ethically sound. —>> read more –>>

The Visual Capitalist added another graphic example of the increasing concentration, monopolization, of markets, in this case for groceries. Even here in Hudson NY we can see the impact of Walmart locally. Two years ago we had three large supermarkets within 4 miles. Price Chopper gave up the ghost leaving —>> read more –>>

The Dalio Critique of Capitalism – Part One Ray Dalio, number 79 on Bloomberg’s list of the  100 wealthiest people on the planet with a net worth of 18+ billion $s, published an essay on LinkedIn, “Why and How Capitalism Needs to Be Reformed (Parts 1 & 2)” is US —>> read more –>>

There has been focus on wealth and income inequality for years. It is a pressing problem for more than 80% of the US population. But there is an other inequality, political inequality, that is at the heart of the more talked about inequality. In 2013 Harvard Professor Lawrence Lessig provided —>> read more –>>

The nearly continuous puffing up of Silicon Valley, the construction of an enormous bio-pharma complex in Cambridge, and other examples of high tech ebullience are offered up by the mass media and the business press as evidence of a dynamic economy. The actual facts show a different story that should —>> read more –>>

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 –>>

Here are some references that we found useful. Note that some are annotated. They are organized by the delusions discussed on the website. This not a static bibliography. Date of last revision is listed for each. The references shown here do not necessarily reflect all of the references used in —>> read more –>>

For all of the chest beating about the bold risks taken by capitalists, the capitalist time horizon is very short when compared to the many years of work that have gone into almost every significant scientific and technological advance. Without extensive government investment in activities that deliver longer term success, the capitalist system will simply eat its seed corn until it is gone. —>> read more –>>

Keystone Essay What Is Market Capitalism and Why Do We Need to Understand It? (download a PDF version) Whether one envisions market capitalism as a coherent set of processes with a managing elite at the helm or as just important economic features of the overall human landscape, it long ago —>> read more –>>

The word “regulation” has been used as an epithet and rhetorical sledge hammer by Republicans and the centrist Bill Clinton Democrats as part of a general campaign to discredit anything that the government might do. This is part of the decades long political strategy of the rich and corporations to puff up the delights of “free markets”. —>> read more –>>