Big US companies pushing inflation
Big US companies, now with reduced competition, are pushing inflation
up again.
As always, plutocratist politicians say this demonstrates a need
to impose more hardship on non-rich Americans.
Biden's reinvigoration of antitrust law in the US will hamper
schemes to reduce competition even further, but won't eliminate
the mergers of the past.
Senator Warren's bill could counteract the high prices that
insufficient competition tends to lead to. However, I think my
progressive tax proposal for corporations
could impel large companies to split themselves up
and thus give us back some of the lost competition.
</li>