Why is it dangerous to NOT enforce existing antitrust laws?

Antitrust laws: The image shows a gavel with the words "antitrust law" written on the sound block

Republican Congressman Ken Buck believes in enforcing antitrust laws, to the point of creating new ones when the existing ones do not address nuances of modern high tech monopolies. Who is Representative Ken Buck? Ken Buck represents Colorado’s 4th congressional district in the House of Representatives and serves on the House Judiciary Committee and the […]

How has corporate consolidation gone too far led to fascism?

Corporate consolidation: Chart showing extent of corporate consolidation in America

I have now stumbled across two scholars who stated in no uncertain terms that extreme corporate consolidation directly led to fascism in the past. Specifically in Germany in the 1930s. In the book, The Myth of Capitalism: A few months earlier, a report commissioned by Eisenhower concluced that the company [IG Farben] had been crucial […]

Oligopolies are killing capitalism and how to stop it

Oligopolies: A picture of trust buster par excellence, Thurman Arnold

First, what are oligopolies? Most people are more familiar with the words monopoly and duopoly. A monopoly is when there is only one seller in a market, and a duopoly is when there are two. Modern capitalist economies have very few true monopolies and duopolies, but we have LOTS of oligopolies, which is when a […]