America's Half Century of Rising Industry Concentration, Market Power, and Corporate Profitability

(Source: Robert Reich, The Biggest Economic Lies We’re Told) There’s class warfare, all right, but it’s my class, the rich class, that’s making war, and we’re winning. – Warren Buffett (Source: Jon Schwarz, The Murder of the U.S. Middle Class Began 40 Years Ago This Week, The Intercept) A major reason Donald Trump narrowly won the presidency in 2016 was his skill at tapping into the very real and legitimate frustration and anger many Americans feel toward the rich and powerful, who seem to have hogged all the economic gains of the past fifty years for themselves. [Read More]