Library of Mistakes

Ep 11: The Myth of Capitalism (with Denise Hearn)

Nov 25, 2022

41:45

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Episode notes

Introduction

2min

The Rise and Fall of Concentration in America

3min

The Effects of the Zeitgeist on American Economic Policy

4min

The Importance of Markets in Economic Policy Making

3min

The Hamiltonians and the Jeffersonians in Antitrust

6min

The Bipartisan Support for Antitrust Cases

6min

The Importance of Index Funds in Corporate America

2min

Interlocking Directorates: A New Business Model

2min

The Rise and Fall of Small Companies

3min

10.

The Role of Interest Rates in the Formation and Breakup of Cartels

4min

11.

The Importance of Antitrust Actions

4min

12.

The Rise and Fall of the Monocultural Economy

2min

13.

The Myth of Capitalism, Monopolies and the Death of Competition

2min

Wander into any small town in the US and you'll find "a Subway, a Bank of America and some private-equity-owned retail chain".
Denise Hearn, co-author (with Jonathan Tepper) of The Myth of Capitalism (the Financial Times Book of the Year in 2018), explains how corporate monopolies are not only killing competition, choice and diversity, but weakening the economy. This thought-provoking interview with the influential Seattle-based writer and campaigner is well worth a listen.

For more information on the Advanced Valuation in Financial Markets course mentioned by Russell, please see www.didaskoeducation.org.