Historically, Americans have joined together across party lines to contain political corruption by containing monopolies. It’s a lesson we need to learn again. Anti-monopoly policies that de-concentrate business prevent excessive concentrations of economic power so that democracy and freedom can flourish.
Open Markets reporter Matthew Buck and Legal Director Sandeep Vaheesan publish an op-ed on The New York Times highlighting that while President Trump’s tweets criticize Facebook and Google, the Antitrust Division of the Justice Department is making life easier for potential monopolists in Silicon Valley.
Welcome to The Corner. In this issue, we look at the Green New Deal and how anti-monopoly philosophy is key to reaching this audacious vision. We also highlight a warning by an FTC commissioner on the dangers that platform monopolists pose to democracy and civil rights.
In this issue, we map the new, deep divide on anti-monopoly philosophy at the FTC. And we explain why new calls to increase taxes on billionaires are part of an American anti-monopoly tradition that traces to Franklin, Jefferson, and Adams.
When policymakers talk about “green jobs,” they tend to default to examples in solar power, wind and other sources of renewable energy—or perhaps manufacturing and supply chain management. They’re less likely to talk about agriculture.