YouTube has the video Zephyr Teachout EXPOSES Bipartisan Consensus On Protecting Corporate Power
Author, Zephyr Teachout, discusses her new book, ‘BREAK ‘EM UP: Recovering Our Freedom from Big Ag, Big Tech, and Big Money.’
I knew that the courts have a really pinched view of what is wrong with concentrated corporate power. I didn’t know that the judges appointed by Ronald Reagan were responsible for this myopia suddenly afflicting our judicial system,
Either Zephyr Teachout misspoke or I misheard. The new court interpretation seems to be that if consumer prices don’t go up because of a monopoly, then consumers aren’t harmed. By what logic does the Supreme Court forget that people who are consumers are also workers? If workers’ wages and benefits are held down by monopoly market overlords, then their ability to consume is harmed. If monopoly vulture capitalists steal the pension benefits of workers, then they cannot be strong consumers. When monopoly employers cut workers’ health benefits, people go bankrupt paying medical bills. How can a Supreme Court be so blind to the reality? I guess it is hard to keep your eyes and ears open when you are being paid to keep them shut.