Most People Don't Realize Just HOW Concentrated The Economy Has Become | How Money Works
How Money Works
The Rise of Local Monopolies and Their Economic Impact
This chapter examines the rise of local monopolies in youth sports leagues driven by private equity consolidation. It highlights the challenges of federal enforcement and the economic implications of such market opacity.
Most People Don't Realize Just HOW Concentrated The Economy Has Become
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This might come as a shock to you, but big companies are getting bigger, rich people are getting richer and vital resources like housing, business equity, food and even water are now owned by a smaller share of people than ever beforeā¦
Groundbreaking journalism I know, but what most people donāt realize is just HOW concentrated this has really becomeā¦
Private Equity now controls as much as 20% of the entire US economy, top index funds now own 20 - 30% of all major companies listed in America, and even good old fashioned fraud is getting bigger and more concentratedā¦
And who can blame them? Economies of scale have encouraged businessesā¦ to scaleā¦ markets, responded to Too Big To Fail by becoming Too Big To Failā¦ but what does this actually mean for regular people?
There is the āmOraLā argument that so many resources being controlled by such a small few isā¦ you knowā¦ unfairā¦ but letās be honest, youāve already made up your mind on that and no YouTube video is going to change it one way or anotherā¦
Instead what ACTUALLY matters here is how much farther can this goā¦ and what happens to markets when these people have nobody left to sell toā¦ but themselves?
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