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Beak Capitalism, Part 3: Un-Clucking the System

Odd Lots

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Understanding Corporate Power and Antitrust Laws

This chapter explores the historical development of corporate power in America, particularly focusing on antitrust laws such as the Sherman Act and the Clayton Act. It highlights the role of the Department of Justice in enforcing these laws and tackling issues of corporate concentration in industries like poultry and meatpacking. Listeners are invited to reflect on the implications of monopsony power and the ongoing challenges faced by smaller producers in the current economic landscape.

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