Conglomerate

Monopolization is the new normal and the market place is now controlled by fewer companies than ever. Even in my business, smaller engineering companies were swallowed up into bigger firms over the span of my career.

Recently the largest distributor of eggs in the US was found guilty of colluding with its closest competitor to fix pricing. No doubt the pandemic had them licking their chops at the prospect of making more profit. It does not take a rocket scientist to figure out that lack of competition only encourages prices to rise as consumer choice is reduced.

At a time in our history when wealth is contained in fewer and fewer hands, we need to break up the race towards this type of conglomeration if we want people to be able to afford to live. Maybe we won't get back the middle class we used to have, but at least we will take a huge bite out of global injustice.