"Reagan and his people advanced Bork’s position, abandoning the idea that capitalism fundamentally depends on competition. Industries consolidated, and by the time Biden took office, his people estimated the lack of competition was costing a median U.S. household as much as $5,000 a year. "
https://open.substack.com/pub/heathercoxrichardson/p/september-26-2023?r=63j6s&utm_campaign=post&utm_medium=email
#Capitalism #Money #Economics