Mammon category archive
Merger and Monopoly 0
One of the most pernicious acts of Ronald Reagan was to suspend enforcement of anti-trust laws, leading the corporate consolidation we see around us, delivering the polity into the hands of our own homegrown oligarchs.
Thom and his guest discuss how monopolies work.
Afterthought:
It’s ironic that Republicans simultaneously extol vociferously the virtues of competition while actively supporting–and are supported by–those who would eliminate it.
The Snaring Economy 0
The EU rules that Uber is gypsy cabs with an app. Uber had tried to argue that it was an app with gypsy cabs.
(snip)
Uber had denied it was a transport company, arguing instead it was a computer services business with operations that should be subject to an EU directive governing e-commerce and prohibiting restrictions on the establishment of such organisations.
Tit for Tat 0
Jay Bookman offers a theory as to why the Republican Party went all in for the tax deform bill. A snippet:
In related news, Robert Reich runs the numbers.











