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People have the Power

The David McWilliams Podcast

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The Hyper Capitalist Idea Is All About Monopoly

Capitalist idea is all about tending towards monopoly, says John Avlon. But now workers have the pricing power to go for higher wages - and it's re-balancing this economy. The pendulum is swinging away from capital being eminent in our system into something like a more democratic return to labor being dominant. And that, i think, is a massive story that has been undertold, underwritten and under appreciated but will dominate the next 12 to 24 months.

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