Dear John,
We are pleased to have a special guest join us again for our video this week: one of the nation’s greatest anti-monopoly champions, former Federal Trade Commission Chair Lina Khan!
Lina explores how monopolies in markets all across the economy take away our freedom.
Are you really free if your groceries are so expensive that you can’t afford them? Or if your boss can change your work schedule on a whim, or block you from getting a new job? Or if you have to ration your medicines because they’re too expensive – or if they’re not available at all?
What exactly does it mean when just a handful of corporations have concentrated control of markets across our economy?
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Extreme market concentration results in you paying more and having less choice.
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It can result in less power for you as a worker.
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And in the worst case scenarios, it can even endanger your life.
Check out today’s video, as we look into how corporate monopolies affect your freedom. Then share it on social media to spread the word!
We hear a lot about how corporations growing more powerful and dominant in their industries is just a natural byproduct of the so-called “free market.” But having fewer and fewer corporations control more and more of their markets is not an inevitability – it’s a result of policy decisions that our enforcers and regulators make.
That’s why, during Lina’s time as chair, the FTC sued to block mergers that would have undermined competition, and cracked down on unchecked corporate power and abusive practices. We need to keep demanding that our leaders vigorously enforce anti-monopoly laws to tackle unchecked corporate power.
And we need to make sure all Americans can enjoy real freedom: Freedom for consumers. Freedom for workers. And the freedom for all of us to live safe, healthy lives.
Thank you for watching and spreading the word about how monopolies and freedom don’t mix.
Robert Reich
Inequality Media
