Neither freedom nor free enterprise mean abusing the ability to crush the competition through dumping and the hoarding of resources
These days we are facing the unfortunate picture of the proliferation of oligopolies that gradually crush small and medium-sized enterprises, centralizing economic power in a few large conglomerates who develop a growing political power to consolidate their hegemony over the markets. This process eventually lead to a corrupt political and economic environment and to the dismantling of a true democracy. The Economist proposes to corectly "make life easier for startups and small firms", to avoid higher taxes and protectionism and to deal with olygopolies and monopolies by "modernising the antitrust apparatus". US voters should take into account these basic policies when revising the candidates platforms.
Big firms in the United States have never had it so good. It's time for more competition
March 26.─ America used to be the land of opportunity and optimism. Now opportunity is seen as the preserve of the elite: two-thirds of Americans believe the economy is rigged in favour of vested interests. And optimism has turned to anger. Voters’ fury fuels the insurgencies of Donald Trump and Bernie Sanders and weakens insiders like Hillary Clinton.
The campaigns have found plenty of things to blame, from free-trade deals to the recklessness of Wall Street. But one problem with American capitalism has been overlooked: a corrosive lack of competition.
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