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applegrove

(124,073 posts)
Tue Aug 27, 2024, 09:48 PM Aug 2024

Robert Reich: Market concentration → Less competition → Higher prices for consumers → Corporate profits at 70-year high [View all]


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Robert Reich:

Market concentration → Less competition → Higher prices for consumers → Corporate profits at 70-year high → Record stock buybacks → Higher shareholder value → More power for corporations and the rich.

How do we fight back? Break up monopolies and rebuild union power.
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