Opinion | The Real Villain Behind Our New Gilded Age; New York Times

…Adam Smith pointed out that the easiest way for businesses to earn profits is not by slashing costs and innovating but by agreeing among themselves not to compete… –Eric Posner and Glen Weyl in the New York Times

This op-ed article does a better job than I did in my February post What’s Wrong with the American Dream of exposing the devil in the details of modern capitalism. It’s a matter of size and control. — MHP

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