Capitalism

United Airlines, Monopoly/Oligopoly, The Natural Laws of Capitalism

United Airlines, Monopoly/Oligopoly, The Natural Laws of Capitalism

April 17, 2017

In the US four airlines control over 80% of the seats and in many regional markets the competition veers towards a state of monopoly. There is simply no effective competitive controls on what the airlines can charge and under what conditions.This has lead to persistent high fares and a seemingly endless series of innovations in how many people can be jammed into a plane with as many extra charges tacked on for fewer and fewer amenities.


No Picture
Capitalism

Inside Goldman Sachs with the Federal Reserve

Inside Goldman Sachs with the Federal Reserve

September 27, 2014

Since the beginning of the 2008 Great Recession we have hoped that the government would return to applying some real rational restraints on the financial system. To be honest, with both political parties deep in the pocket of the industry, this is probably merely wishful thinking.