AntiMonopoly Explained

>> YOUR LINK HERE: ___ http://youtube.com/watch?v=AglC_CgqaAY

For more information, visit https://economicsecurityproject.org/a.... • We’re in the midst of a historic consolidation of corporate power. In the past 20 years, more than 75 percent of American industries, from corn to pharmaceuticals, have experienced increased concentration, with the average size of public companies tripling. • As monopoly regulations have eased through the intervention of corporate interests over the last 40 years, everyday Americans – particularly those from low and middle-income brackets – are dealing with the consequences and beginning to understand the impact concentrated economic power has on competitive markets, local communities and the lived experience of individuals and families. Today, we are seeing a mix of simmering public anger, legal and economic innovation and grassroots mobilization directed against monopolies, particularly Big Tech. • To take advantage of the opportunity afforded by this moment, the Anti-Monopoly Fund fills a need of directing resources to organize and expand the efforts of groups already dedicated to creating fair markets and enacting smart anti-monopoly enforcement and policy. The goal of the AMF is to harness the political and cultural moment we are in to create meaningful structural change to our economy and effectively use civic power to check private power that has fueled the massive inequality and lack of economic mobility that has plagued poor and middle-class Americans for nearly half a century. Ultimately, we aim for this effort to result in a stronger economy and democracy for all Americans. • © 2019 Economic Security Project • Animation by Tom McCarten • Narration by Saadia McConville • Art Direction by Michael Conti • Sources: • 0:24 high-cost and low-speed cable and internet service https://broadbandmap.fcc.gov/#/area-s... • 0:51 In the past 20 years, more than 75 percent of American industries, from airlines to pharmaceuticals, have experienced increased concentration, and the average size of public companies has tripled. https://pdfs.semanticscholar.org/138f... • 1:10 Through the billions they spend on lobbying, they engineered an economy that works in their interest. https://www.openthebooks.com/federal_... • 1:30 The average American paying nearly $900 a year on medications compared to $400 spent by residents of other countries. https://www.ncbi.nlm.nih.gov/pubmed/2... • 1:40 Farmers at the mercy of agriculture monopolies aren’t allowed to own the chickens they raise or the seeds they grow https://philhoward.net/2018/12/31/glo... • 1:45 Black farmers say conglomerates have used their power to discriminate against them and ultimately drive them out of business. https://www.propublica.org/article/ho... • 1:56 Americans – particularly those of color – are still attempting to rebuild from the catastrophe caused by reckless financial institutions https://www.aclu.org/sites/default/fi... • 2:04 the number of new companies stalled since the Great Recession https://www.nytimes.com/2017/09/20/bu... • 2:13 current small business owners already bracing for the next recession https://www.cnn.com/2019/06/12/econom... • 2:16 big corporations continue to rake in record-breaking profits https://www.cnbc.com/2019/08/04/worke... • 2:33 the largest decreases in income have happened in industries with the largest increases in concentration. http://www.marinescu.eu/AzarMarinescu... • 2:39 People working for massive corporations often don’t have the power to negotiate better salaries, benefits or working conditions. https://obamawhitehouse.archives.gov/...

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