The One Issue the Left and Right Can Agree On

Even Tucker Carlson and Goldman Sachs are talking about the pernicious impact of monopolies in the U.S. (The New Republic)

In November, not long after Amazon announced that it would build its second headquarters in New York City and northern Virginia, Alexandria Ocasio-Cortez, the newly elected representative from Queens and the Bronx, tweeted that she’d been getting calls from residents all day. “The community’s response?” she wrote. “Outrage.” Amazon, as legal scholars were quick to point out, had become a monopoly so powerful it was using its economic heft to exploit not only competitors and suppliers, but entire states. New York and Virginia had agreed to subsidize helipads for Amazon CEO Jeff Bezos; Virginia even promised to help the company fight Freedom of Information Act requests.

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Right-Sizing American Capitalism

Fundamentally rebuilding our democracy means engineering our corporations and markets to enable the freedom of the producer from the domination by the monopolist or financier (Democracy: A Journal of Ideas)

In 2006, 2008, 2010, 2014, 2016, and 2018, Americans voted to change their political leadership. Clearly, Americans are unhappy with our political and economic elite.

It’s not hard to see why. Small business formation is down, income inequality is up. The heartland has been turned into a set of economic colonies whose wealth is moved to distant financiers. Our corporations, having been allowed to concentrate into monopolies, are now used against us to extract our wealth and constrain our liberties.

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