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The Myth of Capitalism: Monopolies and the…
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The Myth of Capitalism: Monopolies and the Death of Competition (edición 2023)

por Jonathan Tepper (Autor)

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The Myth of Capitalism tells the story of how America has gone from an open, competitive marketplace to an economy where a few very powerful companies dominate key industries that affect our daily lives. Digital monopolies like Google, Facebook and Amazon act as gatekeepers to the digital world. Amazon is capturing almost all online shopping dollars. We have the illusion of choice, but for most critical decisions, we have only one or two companies, when it comes to high speed Internet, health insurance, medical care, mortgage title insurance, social networks, Internet searches, or even consumer goods like toothpaste. Every day, the average American transfers a little of their pay check to monopolists and oligopolists. The solution is vigorous anti-trust enforcement to return America to a period where competition created higher economic growth, more jobs, higher wages and a level playing field for all. The Myth of Capitalism is the story of industrial concentration, but it matters to everyone, because the stakes could not be higher. It tackles the big questions of: why is the US becoming a more unequal society, why is economic growth anemic despite trillions of dollars of federal debt and money printing, why the number of start-ups has declined, and why are workers losing out.… (más)
Miembro:AnonymousG
Título:The Myth of Capitalism: Monopolies and the Death of Competition
Autores:Jonathan Tepper (Autor)
Información:Wiley (2023), Edition: 1, 336 pages
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The Myth of Capitalism: Monopolies and the Death of Competition por Jonathan Tepper

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Recommended by Washington Post 2/3/2019 business section
  pollycallahan | Jul 1, 2023 |
Fascinating compendium of everything a layman needs to know about how corporations are seeking market power; the impact of monopoly and oligopoly on raised prices, growing inequality, economically forsaken towns and declining innovation; and how the US government allows this to go on. Big corporations don't like having to compete on price and quality, preferring to capture market share by collusion, cartels, mergers, integration, self-dealing, lobbying for favorable regulations and such, and only an informed citizenry and activist government will be able to balance social values and the preservation of economic opportunities against their lust for size and power. ( )
  fji65hj7 | May 14, 2023 |
Overall I liked this book because it tries to present the main issues with current day capitalism which are: a) monopolies and b) excessive regulations from the government with the goal of benefiting certain corporations. It's written in a really approachable manner full of data so everyone can at least get an understanding why modern day capitalism is malfunctioning. In the end of each chapter there is a summary with the main points making it easier to distill the chapter in a few bullet points. Some of my complaints are: a) I could not immediately identify the take-away messages from some of the plots and b) for certain chapters a subset of the summary points were a bit tangential to what I thought was the main point of the chapter. ( )
  yorgos_str | Jul 12, 2020 |
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The Myth of Capitalism tells the story of how America has gone from an open, competitive marketplace to an economy where a few very powerful companies dominate key industries that affect our daily lives. Digital monopolies like Google, Facebook and Amazon act as gatekeepers to the digital world. Amazon is capturing almost all online shopping dollars. We have the illusion of choice, but for most critical decisions, we have only one or two companies, when it comes to high speed Internet, health insurance, medical care, mortgage title insurance, social networks, Internet searches, or even consumer goods like toothpaste. Every day, the average American transfers a little of their pay check to monopolists and oligopolists. The solution is vigorous anti-trust enforcement to return America to a period where competition created higher economic growth, more jobs, higher wages and a level playing field for all. The Myth of Capitalism is the story of industrial concentration, but it matters to everyone, because the stakes could not be higher. It tackles the big questions of: why is the US becoming a more unequal society, why is economic growth anemic despite trillions of dollars of federal debt and money printing, why the number of start-ups has declined, and why are workers losing out.

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