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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsIt's the MONOPOLIES, stupid!
Republican ads are hammering home how Inflation has sprung up with Biden in office. Indeed, inflation is the #1 issue. What is less known is that the major driver of inflation now is monopolies. More and more narket share is controlled by fewer and fewer corporations. As a result, the corporations can set the prices as they want for lack of worrying about competition (dont Republicans extoll comptition any more?). Democratic campaign ads and officials should be hammering this home in ads and on media.
Farmer-Rick
(10,170 posts)It's the best, and possibly the only, way to control markets. Monopolies control the price of everything and can increase them if they want more and more.
The US is a group of regional monopolies abusing customers the best way they can. Overcharging and moving jobs to foreign countries broke the unions and gave the US an oligarchy.
Celerity
(43,374 posts)most profits kept privatised, and billions (eventually trillions) in losses socialised
GreenWave
(6,754 posts)Ilsa
(61,695 posts)Dirty Socialist
(3,252 posts)Last edited Sun Oct 9, 2022, 11:19 AM - Edit history (1)
But the Republicans are blocking it
onenote
(42,703 posts)Dirty Socialist
(3,252 posts)Four companies own more than half of Americas meat packing plant volume