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Reply to "Does anyone else believe the impending financial crash will be bigger than 2008-2009?"
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[quote=Anonymous]Ms Monopoly here - a great book about the problem is Matt Stoller's Goliath. https://www.openmarketsinstitute.org/publications/goliath-matt-stollers-new-book-american-democracy-monopoly-now The book details how Americans once understood the connection between corporate monopolies and authoritarianism and successfully opposed both through antitrust and other competition policies. Going back to our country’s founding, a concentration of power—whether by government or banks—was understood as autocratic and dangerous to individual liberty and democracy. In the 1930s, people observed that the Great Depression was caused by financial concentration in the hands of a few whose misuse of their power induced a financial collapse. [/quote]
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