Robert Reich: Remember: If markets were actually competitive, corporations would keep their prices as low as possible as they competed for customers. Instead, the concentration of the American economy into the hands of a few corporate giants gives them the power to raise prices with impunity.

Remember: If markets were actually competitive, corporations would keep their prices as low as possible as they competed for customers. Instead, the concentration of the American economy into the hands of a few corporate giants gives them the power to raise prices with impunity.

And we can’t do anything about it, because this ain’t democracy.

Tried to buy some Anderson Power Poles for my ham radio today. I learned the only American manufacturer has been bought and shut down.

But...I thought the conservatives were in favor of a competitive market system. What happened?

yup. anyone complaining about high prices should support breaking up monopsonies and investigating price fixing. don't hear a call for that too much!

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