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-Titulo Original : The Myth Of Capitalism Monopolies And The Death Of Competition
-Fabricante :
Wiley
-Descripcion Original:
About the Author Jonathan Tepper is the co-author of The Myth of Capitalism: Monopolies and the Death of Competition, the NY Times bestseller Endgame: The End of the Debt Supercycle, a book on the sovereign debt crisis. Jonathan is chairman of Variant Perception, a macroeconomic research group that caters to asset managers. Jonathan is a Rhodes Scholar. Since leaving Oxford, he has worked as an equity analyst at SAC Capital and as a Vice President in proprietary trading at Bank of America. Jonathan earned a BA with Highest Honors in History and Economics from the University of North Carolina at Chapel Hill, and a M.Litt. in Modern History from Oxford University. The Myth of Capitalism tells the story of how America has gone from an open, competitive marketplace to an economy where a few very powerful companies dominate key industries that affect our daily lives. Digital monopolies like Google, and Amazon act as gatekeepers to the digital world. Amazon is capturing almost all online shopping dollars. We have the illusion of choice, but for most critical decisions, we have only one or two companies, when it comes to high speed Internet, health insurance, medical care, mortgage title insurance, social networks, Internet searches, or even consumer goods like toothpaste. Every day, the average American transfers a little of their pay check to monopolists and oligopolists. The solution is vigorous anti-trust enforcement to return America to a period where competition created higher economic growth, more jobs, higher wages and a level playing field for all. The Myth of Capitalism is the story of industrial concentration, but it matters to everyone, because the stakes could not be higher. It tackles the big questions of: why is the US becoming a more unequal society, why is economic growth anemic despite trillions of dollars of federal debt and money printing, why the number of start-ups has declined, and why are workers losing out. Review Financial Times Best Books of 2018: Economics“I think the book is too hard on some companies and CEOs. There is no way I could endorse the book.”-Anonymous, billionaire hedge fund manager’Capitalism without competition is not capitalism,’ writes Jonathan Tepper in The Myth of Capitalism. He is right. After decades when most economists dismissed antitrust actions as superfluous so long as consumers were not the victims of price-gouging, we are slowly waking up to the reality that monopoly capitalism is back -- and it can be harmful even if its core products (as in the case of Google and ) are free. But its not just Big Tech thats killing competition. As Tepper shows in this engagingly written polemic, theres also excessive concentration in air travel, banking, beef, beer, health insurance, Internet access, and even the funeral industry. If you want to understand the real cause of rising inequality, discard Piketty and read Tepper instead. This is a tract for the times with a rare bipartisan appeal. “-Niall Ferguson, Milbank Family Senior Fellow, the Hoover Institution, Stanford, and author of The Ascent of MoneyTepper and Hearn have written an impressive and important book, documenting via their own research and that of many scholars, the very substantial increase in concentration on the supply side of US industry, leading to a decline in competition and a substantial shift in market and political power away from consumers and labor and toward the owners of capital. The consequences extend to rising inequality, slowing productivity growth, and shifts in the pattern of regulation in favor of corporations. Pieces of these growth patterns have been described before. But this book uniquely pulls it altogether. One hopes that it will have the impact that it clearly deserves.-Michael Spence, Economics professor at Stern School of Business NYU, Nobel Prize in Economics (2001)“What’s wrong with American capitalism today? Why is it so goo
-Fabricante :
Wiley
-Descripcion Original:
About the Author Jonathan Tepper is the co-author of The Myth of Capitalism: Monopolies and the Death of Competition, the NY Times bestseller Endgame: The End of the Debt Supercycle, a book on the sovereign debt crisis. Jonathan is chairman of Variant Perception, a macroeconomic research group that caters to asset managers. Jonathan is a Rhodes Scholar. Since leaving Oxford, he has worked as an equity analyst at SAC Capital and as a Vice President in proprietary trading at Bank of America. Jonathan earned a BA with Highest Honors in History and Economics from the University of North Carolina at Chapel Hill, and a M.Litt. in Modern History from Oxford University. The Myth of Capitalism tells the story of how America has gone from an open, competitive marketplace to an economy where a few very powerful companies dominate key industries that affect our daily lives. Digital monopolies like Google, and Amazon act as gatekeepers to the digital world. Amazon is capturing almost all online shopping dollars. We have the illusion of choice, but for most critical decisions, we have only one or two companies, when it comes to high speed Internet, health insurance, medical care, mortgage title insurance, social networks, Internet searches, or even consumer goods like toothpaste. Every day, the average American transfers a little of their pay check to monopolists and oligopolists. The solution is vigorous anti-trust enforcement to return America to a period where competition created higher economic growth, more jobs, higher wages and a level playing field for all. The Myth of Capitalism is the story of industrial concentration, but it matters to everyone, because the stakes could not be higher. It tackles the big questions of: why is the US becoming a more unequal society, why is economic growth anemic despite trillions of dollars of federal debt and money printing, why the number of start-ups has declined, and why are workers losing out. Review Financial Times Best Books of 2018: Economics“I think the book is too hard on some companies and CEOs. There is no way I could endorse the book.”-Anonymous, billionaire hedge fund manager’Capitalism without competition is not capitalism,’ writes Jonathan Tepper in The Myth of Capitalism. He is right. After decades when most economists dismissed antitrust actions as superfluous so long as consumers were not the victims of price-gouging, we are slowly waking up to the reality that monopoly capitalism is back -- and it can be harmful even if its core products (as in the case of Google and ) are free. But its not just Big Tech thats killing competition. As Tepper shows in this engagingly written polemic, theres also excessive concentration in air travel, banking, beef, beer, health insurance, Internet access, and even the funeral industry. If you want to understand the real cause of rising inequality, discard Piketty and read Tepper instead. This is a tract for the times with a rare bipartisan appeal. “-Niall Ferguson, Milbank Family Senior Fellow, the Hoover Institution, Stanford, and author of The Ascent of MoneyTepper and Hearn have written an impressive and important book, documenting via their own research and that of many scholars, the very substantial increase in concentration on the supply side of US industry, leading to a decline in competition and a substantial shift in market and political power away from consumers and labor and toward the owners of capital. The consequences extend to rising inequality, slowing productivity growth, and shifts in the pattern of regulation in favor of corporations. Pieces of these growth patterns have been described before. But this book uniquely pulls it altogether. One hopes that it will have the impact that it clearly deserves.-Michael Spence, Economics professor at Stern School of Business NYU, Nobel Prize in Economics (2001)“What’s wrong with American capitalism today? Why is it so goo
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