How Capitalism Became a Threat to Democracy
https://www.project-syndicate.org/onpoint/how-capitalism-became-a-threat-to-democracy-by-mordecai-kurz-2024-03
Since the 1980s, American capitalism has been transformed into a winner-takes-all economy in which one or a few technologically dominant firms monopolize each sector at the expense of consumers, workers, and overall growth. And with permanent market power comes the kind of political power that is antithetical to democracy.
Is the rich world stuck in an ‘upper-income trap’?
https://www.ft.com/content/bc830276-c8d0-465a-88fc-e06eb83be90b
https://www.project-syndicate.org/onpoint/how-capitalism-became-a-threat-to-democracy-by-mordecai-kurz-2024-03
Since the 1980s, American capitalism has been transformed into a winner-takes-all economy in which one or a few technologically dominant firms monopolize each sector at the expense of consumers, workers, and overall growth. And with permanent market power comes the kind of political power that is antithetical to democracy.
https://www.ft.com/content/bc830276-c8d0-465a-88fc-e06eb83be90b