By Barry C. Lynn
"A manifesto for our times."
—Thomas Frank, Wall highway Journal
Barry C. Lynn, probably the most unique and dazzling scholars of the yankee financial system, paints a surely alarming photo: so much of our public debates approximately globalization, competitiveness, artistic destruction, and dicy finance are not anything greater than a canopy for the frequent consolidation of energy in approximately each conceivable area of the yankee economy.
Cornered strips the camouflage from the key global of twenty-first-century monopolies-neofeudalist empires whose sheer dimension, large assets, and giant political strength permit the folks who regulate to direct nearly each significant in the US in an more and more authoritarian demeanour. Lynn unearths how those enormous juggernauts, which might were unlawful simply thirty years in the past, got here into being, how they've got destroyed or gobbled their pageant, and the way they collude with each other to take care of their energy and create the semblance of open, aggressive markets.
A confluence of small govt zealotry and faulty effective industry theories has bring about a whole dismantling of presidency oversight of undefined. Has that introduced us the promised fiscal utopia? simply the other. for many years, the dominant elite has used the government to all yet inspire businesses to shop for each other up, outsource all their creation, and make their earnings via leveraging their whole energy over the industry itself. Lynn makes transparent it is going to take greater than a lawsuit or to overthrow America's corporatist oligarchy and restoration a version of capitalism that protects our rights as estate holders and voters, and the independence of our Republic.
- Details how common voters can subscribe to jointly to overcome the nice powers, and the way to take action through relearning the genuine background and language of our democratic republic.
- Includes tales of genuine humans and genuine industries that exhibit how monopolies threaten self sustaining companies, squelch innovation, degrade the standard and safeguard of goods, destabilize important commercial and fiscal structures, and ruin the material of democracy
- Explores monopoly energy throughout a wide range of industries, together with home equipment, vehicle elements, beer, eyeglasses, scientific provides, dog food, surfboards, supplements, and more.
- Demonstrates how the force for "always decrease costs" makes your task disappear, places what you are promoting into chapter 11, and turns goals of entrepreneurial good fortune into most unlikely fantasies
Lynn is that rarest of creatures, a journalist whose theoretical writings are taken very heavily by means of the pinnacle policymakers and monetary thinkers in Washington and around the globe. His paintings has been in comparison already to John Kenneth Galbraith and Peter Drucker. The Washington Post referred to as Lynn's final book-on globalization-"Tom Friedman for grownups." Cornered is key studying for an individual who cares approximately the United States and its future.