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The lost jobs: Monopolies and Consolidation "laissez-faire" "free markets"
Barry Lynn for the think tank New America Foundation, was on C-span Washington Journal yesterday. He gives another reason on the lost of jobs. We used to have regulation to protect the little guy in America. This all changed under Reagan and it explains why we are losing the jobs.
This goes across every industry in our country. Anheuser-Busch controls 80% of the beer. Wal Mart and Amazon controls most of the books and is willing to sell books at 10 dollars and take the loss, just to drive out others that can't sell books at that price.
It seems to explain why my cousin cannot have animals on the farm as Smithfield and Tyson controls the market.
This is an interesting take on laissez-faire and "free markets" and how we lost the jobs and small business.
Who Broke America’s Jobs Machine? - Barry C. Lynn and Phillip Longman


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