Tim Wu: The Curse of Bigness

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We live in an "oligopoly age" in which many industries are controlled by just a few firms-big banks, big pharma, big tech. Bigness has concentrated not just economic but also political power in too few hands. So says Columbia law professor Tim Wu, who coined the term "net neutrality" and comes to CHF to discuss his most recent book, The Curse of Bigness: Antitrust in the New Gilded Age. Calling for tighter antitrust enforcement and an end to corporate bigness, Wu explains not only what went wrong, but what its broader implications are for our economy, our society, and capitalism at large.
This program was recorded on November 8, 2018.
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Пікірлер: 7

@tylerclark2621 4 жыл бұрын

As someone who studies antitrust and economics, I wish that videos like this were more popular. Thank you for uploading. There are people out there who seriously appreciate it.

@sfperalta 4 жыл бұрын

I think Americans in general tend focus on the convenience, availabily and price of our goods and services, and ignore how the providers of those goods go about acquiring power (commercial and political). Sadly, we wake up one day to find out that Facebook and Comcast are "writing" laws to favor their increasing power and ability to wipe out competition. "Eternal vigilance is the price of liberty" applies not only to political or military threats, but to any anti-democratic force (including corporations) that try to increase their own power at the cost of the rights and well being of citizens.

@cyprespond 2 жыл бұрын

The USA is a corporation and all other corporations and registered businesses are subsidiaries and, ipso facto, subject to legislation. Which is why they have an interest in securing beneficial, rather than restrictive provisions for themselves. Senator Warren has pointed out that the CFPB is the first and only federal agency set up to serve the natural person. Corporations are like birds of a feather.

@markchen3849 4 жыл бұрын

good

@Forsage237 2 жыл бұрын

The US Justice department broke up AT&T in the late 1970s into the Baby Bells, guess what, them BB grew up and remerged back into their parent AT&T. Its the old "Curly Shuffle" They, big corporations, never miss a chance we get up and dance and do the Curly shuffle