Amazon is the titan of twenty-first century commerce. In addition to being a retailer, it is now a marketing platform, a delivery and logistics network, a payment service, a credit lender, an auction house, a major book publisher, a producer of television and films, a fashion designer, a hardware manufacturer, and a leading host of […]Continue Reading
In 1938, as the country sank into recession and national unemployment hit 19 percent, President Roosevelt announced that America had a monopoly problem. In a historic speech to Congress, Roosevelt warned that extreme consolidation was hampering the economy and threatening our democracy. “Among us today a concentration of private power without equal in history is […]Continue Reading
One underexplored theme in the debate around economic inequality is the role of monopoly and oligopoly power. Despite the relative lack of attention to this topic, there is sound reason to believe that pervasive market power in the economy has contributed to the high level of economic inequality in the United States today. Given the […]Continue Reading
We can “invent our way out” of climate change, but will Big Ag embrace it? If we find ourselves living in a new era of food shortages, it will not be due only to our failure to control carbon. It will be due even more to our failure to protect the open-market systems that empower us not merely to exchange, but to think and adapt.Continue Reading
In America today, wealth and political power are more concentrated than at any point in our country’s history.
The Open Markets Institute, formerly the Open Markets program at New America, was founded to protect liberty and democracy from these extreme -- and growing -- concentrations of private power.
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