How free markets killed capitalism: Ayn Rand, Ronald Reagan, Walmart, Amazon and the 1 percent’s sick triumph over us all – Alternet.org

AGR Daily News

How free markets killed capitalism: Ayn Rand, Ronald Reagan, Walmart, Amazon and the 1 percent’s sick triumph over us all – Alternet.org

Yes, in many ways today we have greater concentration of wealth than we had during the days of the plutocrats, and yet there has been almost no discussion at all of the overthrow of our antimonopoly laws in the early days of Reagan. Joe Stiglitz is one of the only guys who’s connecting the end of antimonopoly law to inequality, to concentration. Other than Joe Stiglitz, there’s our unit at New America, and that’s about it. You saw the piece we just published in Washington Post. That was really the first article to make this link between inequality and monopoly.

It seems like a connection that’s natural, that’s obvious even. If you let these companies have this kind of power and control this kind of market share, and…

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