Robert Reich on Nostr: Market concentration → Less competition → Higher prices for consumers → ...
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.
Published at
2024-08-27 21:49:02Event JSON
{
"id": "3b829680d53e293e4a28ed70cba9175f8e07d8eceb544ed3f7a6e52cb0474dbf",
"pubkey": "68ac0f27c0545377ec6e7c5ce6aa2d6ef8aa1edadc6a8c2ffae8eda07f26affc",
"created_at": 1724795342,
"kind": 1,
"tags": [
[
"proxy",
"https://masto.ai/users/rbreich/statuses/113036187587969376",
"activitypub"
]
],
"content": "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.\n\nHow do we fight back? Break up monopolies and rebuild union power.",
"sig": "9db3459247f4ed3da3e2a4ceed9ef553b9ebf4f8d5c6f55ab2a084f4ecac622d4fd3b4364a873c22705f66852d2cee459e8090a5ba94e0649f69a4bacc0075f1"
}