The Fantasy of Capitalism tells the story of how America has gone from an open, aggressive market to an economic system the place a number of very highly effective corporations dominate key industries that have an effect on our day by day lives. Digital monopolies like Google, Fb and Amazon act as gatekeepers to the digital world. Amazon is capturing nearly all on-line procuring {dollars}. We’ve the phantasm of selection, however for most important selections, we’ve just one or two corporations, in the case of excessive pace Web, medical insurance, medical care, mortgage title insurance coverage, social networks, Web searches, and even client items like toothpaste. Day by day, the common American transfers slightly of their pay verify to monopolists and oligopolists. The answer is vigorous anti-trust enforcement to return America to a interval the place competitors created greater financial progress, extra jobs, greater wages and a stage taking part in area for all. The Fantasy of Capitalism is the story of business focus, however it issues to everybody, as a result of the stakes couldn’t be greater. It tackles the large questions of: why is the US turning into a extra unequal society, why is financial progress anemic regardless of trillions of {dollars} of federal debt and cash printing, why the variety of start-ups has declined, and why are employees dropping out.
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