by Jonathan Tepper (Author), Denise Hearn (Contributor)
About the Author
Jonathan Tepper is the co-author of The Myth of Capitalism: Monopolies and the Death of Competition, the NY Times bestseller Endgame: The End of the Debt Supercycle, a book on the sovereign debt crisis. Jonathan is chairman of Variant Perception, a macroeconomic research group that caters to asset managers. Jonathan is a Rhodes Scholar. Since leaving Oxford, he has worked as an equity analyst at SAC Capital and as a Vice President in proprietary trading at Bank of America. Jonathan earned a BA with Highest Honors in History and Economics from the University of North Carolina at Chapel Hill, and a M.Litt. in Modern History from Oxford University.
About this book
The Myth of Capitalism tells the story of how America has gone from an open, competitive marketplace to an economy where a few very powerful companies dominate key industries that affect our daily lives. Digital monopolies like Google, Facebook and Amazon act as gatekeepers to the digital world. Amazon is capturing almost all online shopping dollars. We have the illusion of choice, but for most critical decisions, we have only one or two companies, when it comes to high speed Internet, health insurance, medical care, mortgage title insurance, social networks, Internet searches, or even consumer goods like toothpaste. Every day, the average American transfers a little of their pay check to monopolists and oligopolists. The solution is vigorous anti-trust enforcement to return America to a period where competition created higher economic growth, more jobs, higher wages and a level playing field for all. The Myth of Capitalism is the story of industrial concentration, but it matters to everyone, because the stakes could not be higher. It tackles the big questions of: why is the US becoming a more unequal society, why is economic growth anemic despite trillions of dollars of federal debt and money printing, why the number of start-ups has declined, and why are workers losing out.
Brief contents
Introduction
Chapter 1: Where Buffett and Silicon Valley Billionaires Agree
Chapter 2: Dividing Up the Turf
Chapter 3: What Monopolies and King Kong Have in Common
Chapter 4: Squeezing the Worker
Chapter 5: Silicon Valley Throws Some Shade
Chapter 6: Toll Roads and Robber Barons
Chapter 7: What Trusts and Nazis Had in Common
Chapter 8: Regulation and Chemotherapy
Chapter 9: Morganizing America
Chapter 10: The Missing Piece of the Puzzle
Conclusion: Economic and Political Freedom
Length: 320 pages
Publisher: Wiley; 1 edition (November 29, 2018)
Language: English
ISBN-10: 1119548195
ISBN-13: 978-1119548195