Economic Update: Are Mega-Corporations Ruining Our World?

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[S13 E09] Are Mega-Corporations Ruining Our World?

In this week's show, Prof. Wolff presents a critique of monopoly and oligopoly; past efforts and success in popular control over mega-corporations - in US and abroad; the fight back by mega-corporations to nullify reforms and regulations. Finally, some real solutions to the social problem and costs of an economy dominated by mega-corporations.

Timestamps
00:00 - 01:11 - Introduction
01:12 - 04:30 - Monopolies
04:31 - 05:08 - Oligopolies
05:09 - 07:15 - Unfair competition
07:16 - 08:54 - Vertical integration
08:55 - 10:01 - 19th 20th century responses to monopoly power
10:02 - 10:22 - Sherman Antitrust Act
10:23 - 11:00 - Clayton Antitrust act
11:01 - 11:27 - Govt breaks up AT&T
11:28 - 13:29 - SBA formation
13:30 - 13:59 - Regulatory Capture
14:00 - 15:21 - Announcements
15:22 - 18:21 - Utility and Insurance Commissions
18:22 - 20:07 - Small business response in France
20:08 - 21:10 - Germany's response 50% seats on Board by workers
21:11 - 29:46 - Solutions/Alternatives

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