"Praise for The Myth of Capitalism. "'Capitalism without competition is not capitalism, ' writes Jonathan Tepper in The Myth of Capitalism. He is right. After decades when most economists dismissed antitrust actions as superfluous so long as consumers were not the victims of price-gouging, we are slowly waking up to the reality that monopoly capitalism is back -- and it can be harmful even if its core products (as in the case of Google and Facebook) are free. But it's not just Big Tech that's killing competition. As Tepper ...
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"Praise for The Myth of Capitalism. "'Capitalism without competition is not capitalism, ' writes Jonathan Tepper in The Myth of Capitalism. He is right. After decades when most economists dismissed antitrust actions as superfluous so long as consumers were not the victims of price-gouging, we are slowly waking up to the reality that monopoly capitalism is back -- and it can be harmful even if its core products (as in the case of Google and Facebook) are free. But it's not just Big Tech that's killing competition. As Tepper shows in this engagingly written polemic, there's also excessive concentration in air travel, banking, beef, beer, health insurance, Internet access, and even the funeral industry. If you want to understand the real cause of rising inequality, discard Piketty and read Tepper instead. This is a tract for the times with a rare bipartisan appeal.""--
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