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Chapter Overview
Chapter 1: AudiobookHub Recommendation
Chapter 2: Economic concentration emerged in the Gilded Age and culminated in the rise of monopolies.
Chapter 3: Monopoly advocates saw them as a more advanced structure for organizing economies.
Chapter 4: Monopoly supporters promoted social Darwinism and strict laissez-faire economics.
Chapter 5: Monopolies may be inefficient, and they weaken workers, consumers, and competition.
Chapter 6: Large firms in noncompetitive markets can strongly influence governments.
Chapter 7: In the early 1900s, the US government began actively resisting growing economic concentration.
Chapter 8: In the mid-twentieth century, the US government kept pushing back hard against monopolies.
Chapter 9: The US government’s trust-busting campaigns culminated in the breakup of AT&T in the 1980s.
Chapter 10: By the late twentieth century, trust-busting stalled.
Chapter 11: By century’s end, economic concentration had surged back in full force across the United States economy again.
Chapter 12: Simple measures can help the US government resume its fight against growing economic concentration effectively.
Description
The Curse of Bigness (2018) deals with topics and questions that have become especially pressing in recent times. How and why have markets become dominated by a handful of corporate giants? And what can we do about it? To answer these questions, the author recounts the political, economic and legal history of economic concentration. Along the way, he examines the dangers that come with it, and how they can be mitigated.
Who Should Listen
- Citizens worried about unchecked corporate power
- People interested in the intersection between politics, economics and law
- Late-nineteenth and twentieth-century US history buffs