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Capitalism

Monopoly and Facebook – as told by Facebook’s co-founder

Monopoly and Facebook – as told by Facebook’s co-founder

May 9, 2019

It’s Time to Break Up Facebook, by Chris Hughes, the co-founder of Facebook is very thorough in describing the current monopoly behavior of Facebook, the deleterious effects on competition and vigor in the economy of monopolies, and a great introduction to the history of anti-trust movements and legislation in the US.


Capitalism

John Oliver and Monopoly Capitalism

John Oliver and Monopoly Capitalism

February 21, 2018

Corporate concentration of income and wealth are core features of capitalism. From its earliest 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. John Oliver provides a thorough and amusing introduction.