As the dynamism of the US and other advanced economies appears to be damaged by a lethal combination of low interest rates, plunging productive investments, real wage stagnation, rising household debt and growing inequalities, the concentration of economic power, and its political expression, are plain for all to see. Antitrust is once again high on the political agenda. Alexander Styhres new book tackles these questions head-on. It offers a lucid reading of the causes and consequences of the new corporate landscape that will interest both the New Brandeisians and their opponents. And his conclusions that greater market competition is a good thing, but that the corporate system also needs to allocate the economic value it generates in ways that render it more legitimate in the eyes of its constituencies will surely resonate with many today. -- David Gindis, University of Hertfordshire, UK The global economy is increasingly dominated by a handful of super-companies that wield immense power over citizens and governments. In this timely and perspicuous analysis of economic concentration, Alexander Styhre shows how the 2008 global financial crisis set the scene for a massive restoration of monopoly capitalism. This excellent book reveals the economic, legal and social policy drivers behind this and raises grave ethical questions about the decline of democracy. Anyone interested in the new corporate landscape should read this book. -- Peter Fleming, University of Technology Sydney, Australia
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