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Big companies are crushing their competition in the US, and it's creating a dangerous 'fake capitalism' that hurts workers and consumers

Posted On: Jan 15, 2019   |   Posted By: Business Insider

Big companies are crushing their competition in the US, and it's creating a dangerous 'fake capitalism' that hurts workers and consumers

The following book excerpt is an adaptation of the introduction to " The Myth of Capitalism: Monopolies and the Death of Competition ," by Variant Perception 's founder Jonathan Tepper and head of business development Denise Hearn.
The authors argue that an increase in market concentration across the United States has resulted in a system that is not true capitalism, since freedom is being restricted.
They believe that updating antitrust regulations should be an issue both the left and right could unite around.
This article is part of Business Insider's ongoing series on Better Capitalism .
On April 9, 2017, police officers from Chicago's O'Hare Airport removed Dr. David Dao from United Express Flight 3411.
The flight was overbooked, but he refused to give up his seat. He had patients to treat the next day. Fellow passengers recorded a video of him being dragged off the plane. You could hear gasps of disbelief from fellow passengers.
In the video he could be seen bleeding from the mouth as police dragged him...

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