Podcasts about capitalism monopolies

Some argue that market concentration in their sectors is inevitable. They say Canada's small population, vast geography, and global competition create natural monopolies—and that protecting their dominance is necessary to build globally competitive companies.But is that true?In this episode, the co-authors of the book The Big Fix: How Companies Capture Markets and Harm Canadians, Denise Hearn and Vass Bednar join me to talk about the realities of competition in Canada and the steps we need to take to inject more competition into the economy. They dug into Canada's competitive landscape and what they found may surprise you.  There are the commonly known challenges: we have three major telecommunications companies, five grocers, a few big banks, two major airlines and a train company.  But beyond these common stats, they found a competitive and corporate landscape that is reducing competition well beyond these big sectors. Concentration in half of Canadian Industries has increased by 40 per cent since 1998.In this episode, we learn about how competition has eroded and ways in which we can begin to inject more competition into the Canadian economy.About our guests:Vass BednarVass Bednar is the executive director of McMaster University's Master of Public Policy program. Her work focuses on the intersections between policy and the innovation ecosystem. She is a senior fellow at the Centre for International Governance Innovation and writes the popular newsletter “regs to riches.” Vass is a contributing columnist at The Globe and Mail and the host of their podcast, Lately. She is the co-author of The Big Fix: How Companies Capture Markets and Harm Canadians with Denise Hearn. Denise HearnDenise Hearn is an author, applied researcher, and advisor who collaborates with governments, financial institutions, companies, and nonprofits on economic and climate policy and organizational strategy. She is currently a Resident Senior Fellow at the Columbia Center on Sustainable Investment, at Columbia University.Denise is co-author of The Big Fix: How Companies Capture Markets and Harm Canadians and The Myth of Capitalism: Monopolies and the Death of Competition (named one of the Financial Times' Best Books of 2024). Denise's writing has been translated into 10 languages, and featured in publications such as: The Financial Times, Bloomberg, The Globe and Mail, Stanford Social Innovation Review, and The Washington Post.

This month, people across Canada are boycotting Loblaw and its affiliated stores, thanks to momentum from a popular sub-reddit. It's a sweeping revolt but it isn't just about sticker shock, bread fixing and Galen Weston's folksy image. It's about how your friendly neighbourhood grocer turned into Amazon, and why Canada is struggling to adapt to the new competitive era.Our guest is Denise Hearn, a researcher who looks at how economic power shapes our world. Hearn is a resident senior fellow at the Columbia Center on Sustainable Investment, and she coauthored The Myth of Capitalism: Monopolies and the Death of Competition. She and Vass are the 2024 McGill Max Bell Lecturers and will publish their book on corporate power in Canada this fall.Also, Vass and Katrina talk about crowdsourcing the title of the aforementioned book in progress.This is Lately. Every week, we take a deep dive into the big, defining trends in business and tech that are reshaping our every day. Lately is a Globe and Mail podcast.Our executive producer is Katrina Onstad.The show is hosted by Vass Bednar and produced by Andrea Varsany. Our sound designer is Cameron McIver.Subscribe to the Lately newsletter, where we unpack more of the latest in business and technology.Find the transcript of today's episode here.Survey alert! We want to know about you and what you'd like to hear on Lately. Please go to latelysurvey.ca to fill out a brief survey (less than five minutes, we promise!) and we'll enter your name to win one of three gift cards you can use to shop online. We'd love to hear from you.

Jonathan Tepper is the founder of Variant Perception, an economic research group that works with institutional managers, hedge funds, and allocators to provide objective and comprehensive data to form actionable ideas from leading indicators and emerging trends. He is also the author of three books, the most recent of which, The Myth of Capitalism: Monopolies and the Death of Competition, received widespread acclaim earlier this year. Our conversation covers Jonathan's unusual upbringing, learning about currencies from Big Macs, building economic and liquidity forecasting models, and catering Variant Perception's research to investors. We then turn to The Myth of Capitalism, discussing the history, causes, and ramifications of the absence of competition in U.S. industries, natural and unnatural monopolies, examples in the tech giants, funeral home operators, airports, and hospitals, and what can be done to counter this negative trend.   Learn More Follow Ted on Twitter at @tseides or LinkedIn Subscribe to the mailing list Access Transcript with Premium Membership

When you look at your pet, you probably see an adorable furball that you'd do anything for. A private equity firm sees dollar signs.Ever so quietly, faceless, big money firms have been consolidating Canada's veterinary clinics. And vets are just the beginning.Featured in this episode: Michael Mossop, Denise HearnTo learn more“Inside the corporate dash to buy up dentists' offices, veterinary clinics and pharmacies” in The Globe and Mail by Chris Hannay“Private equity groups spot profit in UK's nurseries” in Financial Times by Bethan StatonThe Myth of Capitalism: Monopolies and the Death of Competition by Jonathan Tepper and Denise Hearn“An Inconvenient Fact: Private Equity Returns & The Billionaire Factory” by Ludovic PhalippouCredits: Arshy Mann (Host and Producer), Jordan Cornish (Producer), Noor Azrieh (Reporter and Associate Producer), André Proulx (Production Coordinator)Sponsors: Douglas,If you value this podcast, Support us! You'll get premium access to all our shows ad free, including early releases and bonus content. You'll also get our exclusive newsletter, discounts on merch, tickets to our live and virtual events, and more than anything, you'll be a part of the solution to Canada's journalism crisis, you'll be keeping our work free and accessible to everybody.You can listen ad-free on Amazon Music—included with Prime. Hosted on Acast. See acast.com/privacy for more information.

i talk briefly about the remedies the authors of this book offer and my ending thoughts on this thought provoking book. my biggest take away is that we all feel like something is wrong, but what is the answer? are there multiple answers? I highly recommend this book. let me know your thoughts! - lots of love Book: The Myth of Capitalism: Monopolies and the Death of Competition x Jonathan Tepper and Denise Hearn instagram reference: safezone4all YouTube reference: https://www.youtube.com/watch?v=bmefn2jfen8 --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app

We launch Season 2 with a panel discussion of the US Department of Justice bid to block the proposed merger of Penguin Random House and Simon & Schuster.  Elaine Dewar (author of The Handover: How Bigwigs and Bureaucrats Transferred Canada's Best Publisher and the Best Part of Our Literary Heritage to a Foreign Multinational), and Jonathan Tepper (author of The Myth of Capitalism: Monopolies and the Death of Competition, with Denise Hearn), discussing the DOJ's bid to stop a merger that would change the landscape of publishing.

WELCOME BACK!!! I'm excited to kick off season two with a review of a book i'm *currently reading called The Myth of Capitalism: Monopolies and the Death of Competition by Jonathan Tepper with Denise Hearn. this book is an in-depth look on how industry concentration benefits those who control the industry and alienates the average worker from truly engaging in healthy competitive employments markets. industry concentration effects everyone, regardless of how politically charged this may seem, so i highly encourage checking out this book so we can talk through it together! part two will be a review on the remedies the authors offer us, so i'm excited to keep reading! lots of love Book: The Myth of Capitalism: Monopolies and the Death of Competition x Jonathan Tepper & Denise Hearn --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app

i love the friction between sustainable/healthy lifestyles and the demands of the working world. this is a conversation that has real world implications down the road, so let's get into it. Book reference: The Myth of Capitalism: Monopolies and the Death of Competition x Jonathan Tepper and Denise Hearn --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app

In this episode of the podcast, we speak with Denise Hearn about the most significant opportunities and concerns with capitalism, the need for ESG and corporate governance to evolve, and the ideas behind her new project, Embodied Economics.We discuss:- How monopoly, competition dynamics, and instrumentalist thinking affect ESG investing- Ways ESG investing has been shaped by the pandemic- The problem with the idealized, abstract, self-interested logic of economics- What good corporate regulation looks like in a contentious political climateDenise Hearn is co-author of The Myth of Capitalism: Monopolies and the Death of Competition—named one of the Financial Times’ Best Books of 2018 and endorsed by two Nobel Prize winners. She is currently a Senior Fellow at the American Economic Liberties Project and a thought partner to SheEO. She is also Board Chair of The Predistribution Initiative—a multi-stakeholder project to improve investment structures and practices to address systemic risks like inequality and climate change. Denise helped launch the First Principles Forum, a platform to support and challenge technology company founders who want to use their wealth for good—now housed at Stanford's Center on Philanthropy and Civil Society. She has an MBA from the Oxford Saïd Business School, where she co-chaired the Social Impact Oxford Business Network and has a BA in International Studies from Baylor University.

In this episode of the podcast, we speak with Denise Hearn about the most significant opportunities and concerns with capitalism, the need for ESG and corporate governance to evolve, and the ideas behind her new project, Embodied Economics.We discuss:- How monopoly, competition dynamics, and instrumentalist thinking affect ESG investing- Ways ESG investing has been shaped by the pandemic- The problem with the idealized, abstract, self-interested logic of economics- What good corporate regulation looks like in a contentious political climateDenise Hearn is co-author of The Myth of Capitalism: Monopolies and the Death of Competition—named one of the Financial Times' Best Books of 2018 and endorsed by two Nobel Prize winners. She is currently a Senior Fellow at the American Economic Liberties Project and a thought partner to SheEO. She is also Board Chair of The Predistribution Initiative—a multi-stakeholder project to improve investment structures and practices to address systemic risks like inequality and climate change. Denise helped launch the First Principles Forum, a platform to support and challenge technology company founders who want to use their wealth for good—now housed at Stanford's Center on Philanthropy and Civil Society. She has an MBA from the Oxford Saïd Business School, where she co-chaired the Social Impact Oxford Business Network and has a BA in International Studies from Baylor University.

Every year, Strong Towns founder Chuck Marohn releases a list of the best books he read that year. Past lists have included books that shaped the Strong Towns conversation in profound ways: Chris Arnade’s Dignity (2019), Jonathan Haidt’s The Righteous Mind (2017), Cognitive Architecture, by Ann Sussmann and Justin Hollander (2017), and Tomas Sedlacek’s Economics of Good and Evil (2016), to name just a few. Spoiler alert: 2020’s list will include The Myth of Capitalism, coauthored by Denise Hearn, this week’s guest on The Strong Towns Podcast. Hearn is a Senior Fellow at the American Economic Liberties Project and an advisor to organizations, asset managers, and companies who want to use their resources to support a more equitable future. In the introduction to The Myth of Capitalism, Hearn and her coauthor, Jonathan Tepper, write that capitalism has been “the greatest system in history to lift people out of poverty and create wealth.” Yet the “capitalism” we see in the U.S. today is so misshapen it hardly qualifies. “The battle for competition is being lost. Industries are becoming highly concentrated in the hands of very few players, with little real competition.” Capitalism without competition, they say, is not capitalism. If you believe in competitive markets, you should be very concerned. If you believe in fair play and hate cronyism, you should be worried. With fake capitalism CEOs cozy up to regulators to get the kind of rules they want and donate to get the laws they desire. Larger companies get larger, while the small disappear, and the consumer and worker are left with no choice. In this episode, Marohn and Hearn discuss why reduced competition—in the form of monopolies, duopolies, and oligopolies—hurts us not only as consumers and workers but as citizens and community members. They talk about the collusion (both direct and tacit) that consolidates wealth and power into fewer hands. And they discuss what our economic systems must learn from natural systems, including the role of competition and the importance of “habitat maintenance.” (Fans of Jane Jacobs' The Nature of Economies will love this part.) Ending on a hopeful note, Marohn and Hearn also discuss the convergence, across industries, of new conversations about how to build stronger towns and stronger economies from the bottom-up. Additional Show Notes: The Myth of Capitalism: Monopolies and the Death of Competition, by Jonathan Tepper with Denise Hearn Denise Hearn (Twitter) Denise Hearn (Website) “My Journey from Free Market Ideologue to Strong Towns Advocate,” by Charles Marohn The Ultimate Strong Towns Reading List  

In Episode 50, Alex Proimos speaks with Denise Hearn, co-author of The Myth of Capitalism: Monopolies and the Death of Competition. This episode discusses monopolies and the myth of capitalism, the intersection of politics, lobbying and regulation and their impact on competition, and the link with inequality and the social unrest that we are witnessing around the world. You can find more at mythofcapitalism.com

Are you an airline that dominates all the flights at a particular airport (e.g. Delta in Atlanta)? Are you a global beer conglomerate that controls half the beer brands on the planet? Or, are you a gloomy corporate type that owns half the funeral parlors in America? If so, then YOU might be an oligopolist.    No, this isn’t a new Jeff Foxworthy routine with a decidedly Econ 101 vibe—it’s a conversation with Denise Hearn (co-author of The Myth of Capitalism: Monopolies and the Death of Competition) about the limits of competition in our market economy.    How does this relate to money and happiness? Well, it’s yet another gut-check for us to examine the world in which we live and to question the narratives that drive our lives. Is America really a meritocracy? Are our markets really free? Is Paul's success a product of his hard work or the result of having truly fabulous hair? If nothing else, asking these questions will make us more aware of the forces that shape our lives, for better or worse. Also, you’ll get to hear Paul make healthcare jokes so insanely dumb that his guest doesn’t know whether to laugh with him or at him.     You will not need a PhD in economics to follow the conversation. All you need to remember is that feeling you feel when you realize a roundtrip ticket to Cincinnati (a market dominated by Delta) is $700, but a ticket to market also served by Southwest Airlines is $114.     Denise Hearn's writing has been featured in publications like the The Washington Post, Quartz, and The Globe and Mail. She has presented to over 50,000 people around the world at venues including the Oxford Union, Bloomberg, and the Hong Kong Foreign Correspondents’ Club. She holds an MBA from the Oxford's Saïd Business School where she co-chaired the Social Impact Oxford Business network, and has a BA in International Studies from Baylor University. She resides in Seattle with her husband, and enjoyed hiking, singing and breaking conversational norms at parties. (Ha!)   Learn more about Denise on her website.  Find out more about Crazy Money and Paul Ollinger on his website and/or follow him on the socials:  • Twitter: http://Twitter.com/Paul_Ollinger • Instagram: https://www.instagram.com/paul_ollinger/ • Facebook: https://www.facebook.com/PaulOllinger/ • LinkedIn: https://www.linkedin.com/in/paulollinger/ Produced and edited by Mike Carano If I were you, I would have stopped reading way up above the links to my social accounts, but you're still here. Why? Don’t you have anything more interesting to do? Well, while you’re here, email me on paul@crazymoneypodcast.com to suggest future guests or to tell me the best thing that’s happened to you since March 15 and I’ll mention it on next week’s show. (Just putting that here means I’m going to get spammed by a bunch of hackers from former Soviet republics.)   Okay, really. Go do something. Listen to another one of my interviews. Or write a kind review of the show taking care to mention my rare combination of intellect, wit, and humility.    Have a good day. 

Jonathan Tepper is the founder of Variant Perception, an economic research group that works with institutional managers, hedge funds, and allocators to provide objective and comprehensive data to form actionable ideas from leading indicators and emerging trends. He is also the author of three books, the most recent of which, The Myth of Capitalism: Monopolies and the Death of Competition, received widespread acclaim earlier this year. Our conversation covers Jonathan's unusual upbringing, learning about currencies from Big Macs, building economic and liquidity forecasting models, and catering Variant Perception's research to investors. We then turn to The Myth of Capitalism, discussing the history, causes, and ramifications of the absence of competition in U.S. industries, natural and unnatural monopolies, examples in the tech giants, funeral home operators, airports, and hospitals, and what can be done to counter this negative trend. Learn More Read the Transcript Subscribe to the Capital Allocators Blog or Monthly Mailing List Don't Subscribe, but Let Us Know Who You Are Write a review on iTunes Follow Ted on twitter at @tseides Review past episodes of the Podcast

Reviewed Jonathan Tepper's nicely done entry in the pro-competition genre, (The written version of this review was first published February 27, 2019. Written versions, in web and PDF formats, are available here.)

The attorneys general of 48 out of the 50 US states have come together to challenge the control of the search giant over what we buy or view online. Manuela Saragosa speaks to the BBC's technology correspondent Rory Cellan-Jones about why the US anti-trust authorities have decided to join their EU counterparts in taking on Google. Jonathan Tepper, author of the new book The Myth of Capitalism: Monopolies and the Death of Competition, takes us through the history and significance of anti-trust legislation. But are anti-monopoly laws equipped to deal with the tech giants of today? And can these companies even be called monopolies? We'll also hear from Sally Hubbard of the Open Markets Institute, and Alex Moazed, co-author of the 2016 book Modern Monopolies. (Picture: The Google logo displayed through a magnifying glass; Credit: Chesnot/Getty Images)

Denise Hearn is a researcher and co-author of "The Myth of Capitalism: Monopolies and the Death of Competition." --- Send in a voice message: https://anchor.fm/frank-talks-to-anyone/message

Kan man behandla konsumenter hursomhelst? Ja, nästan. Eftersom allt fler marknader i dag i praktiken är monopol. Techbolag, flygbolag, friskoleföretag och banker. Dagens kapitalism är de stora företagens kapitalism, menar ekonomerna Denise Hearn och Jonathan Tepper i sin bok The Myth of Capitalism: Monopolies and the Death of Competition. Katrine testar att handla enbart från små företag, men hon misslyckas efter bara en dryg vecka. Och Maria undrar: är det trots allt ändå inte rätt bra med stora företag?

America has gone from an open, competitive marketplace to an economy where a few very powerful companies dominate key industries that affect our daily lives. Digital monopolies like Google, Facebook and Amazon act as gatekeepers to the digital world. Amazon is capturing almost all online shopping dollars. We have the illusion of choice, but for most critical decisions, we have only one or two companies, when it comes to high-speed Internet, health insurance, medical care, mortgage title insurance, social networks, Internet searches, or even consumer goods like toothpaste. Every day, the average American transfers a little of their paycheck to monopolists and oligopolists. The solution is vigorous anti-trust enforcement to return America to a period where competition created higher economic growth, more jobs, higher wages and a level playing field for all. Today's show is the story of industrial concentration, but it matters to everyone because the stakes could not be higher. It tackles the big questions of: why is the US becoming a more unequal society, why is economic growth anaemic despite trillions of dollars of federal debt and money printing, why the number of start-ups has declined, and why are workers losing out. We welcome the author of “The Myth of Capitalism: Monopolies and the Death of Competition” Jonathan Tepper We talk: Monopolies Duopolies Oligopolies Competition Monopsonies Capitalism Antitrust Regulation The worker being squeezes The concentration of power The Rural v Urban Divide The Robber Barons The Origin of the Problem How concentration kills innovations IPOS Mergers and Acquisitions Some possible solutions More about Jonathan here: http://jonathan-tepper.com/

Think you live and work in a free-market economy? It’s a delusion. From the United States to Australia, and whether about beer, banking or Big Tech, consumers have been sold a turkey. Monopoly and oligopoly corporations dictate our choices, how much we pay for products and services and how little we earn. After more than a generation of monopolies rising and regulatory capture, faux free-market capitalism is getting the scrutiny it deserves. Will the 1 per cent continue to resist reform or embrace it? In this podcast, The Myth of Capitalism co-author, Denise Hearn and Little Fish host, Sandy Plunkett discuss how capitalism can get its groove back and work for the 99 per cent. “If we define capitalism as competitive free markets, that is not the capitalism that exists in today’s universe… we are in a situation where most industries are dominated by a handful of very large companies. Beer and airlines and banking, most people are aware of those. But what we found is that (concentration of industrial power) is incredibly pervasive in areas that are not intuitive like funeral services, eye glasses or kidney dialysis. The list of industries that are concentrated is just endless.” Denise Hearn, co-author, The Myth of Capitalism: Monopolies and the Death of Competition

My guest this week for the third time is Michael Mauboussin. If there is a major question about markets and investing, Michael has usually written one of the best pieces of research on that topic. Today’s conversation is a mix of several of his research pieces, but focuses on the sources of alpha. The framing of the conversation is the brilliant question “who is on the other side” of a given trade. If you are buying, who is selling, and why? Knowing the answer to this question is one key to understanding where excess return comes from. As is usual with Michael, we also explore tons of other interesting ideas that will serve as food for thought. Please enjoy. For more episodes go to InvestorFieldGuide.com/podcast. Sign up for the book club, where you’ll get a full investor curriculum and then 3-4 suggestions every month at InvestorFieldGuide.com/bookclub. Follow Patrick on Twitter at @patrick_oshag   Show Notes 1:23 - (First Question) – An outline of the syllabus for the course he teaches 4:02 – What are smart people missing when it comes to decision making 5:33 – Why Michael went down the path of defining major investing concepts             7:41 – On the impossibility of informational inefficient markets 9:14 – Beware behavioral finance 12:03 – What are the behavioral errors that people can take advantage of in a trade 15:14 – Timing opportunities             17:25 – Modest Proposal Podcast Episode 17:47 – Where the analytical edge comes from 21:16 – Is there an advantage to exhibit time arbitrage 23:53 – Technical arbitrage 29:34 – What impact do flows into ETFs play on the market 32:25 – Informational edge and how you source that edge 36:39 – Biggest changes that he has seen on the buy side 43:18 -  How would Michael apply this as a sports GM 48:35 – His views on stock buybacks             51:02 – The Outsiders: Eight Unconventional CEOs and Their Radically Rational Blueprint for Success 52:55 – EBIT to EBITDA paper             54:43 – What Does a PE Multiple Mean? 59:28 – The concept of benign myths 1:02:06 – What the future holds of Michael             1:04:17 – The Myth of Capitalism: Monopolies and the Death of Competition   Learn More For more episodes go to InvestorFieldGuide.com/podcast.  Sign up for the book club, where you’ll get a full investor curriculum and then 3-4 suggestions every month at InvestorFieldGuide.com/bookclub Follow Patrick on twitter at @patrick_oshag

Monopoly and its equally evil twin monopsony are destroying competition, depressing wages, and slowing economic growth. Is market concentration an inevitable outcome of capitalism, or is there a smarter solution? Jared Bernstein: Senior Fellow at the Center on Budget and Policy Priorities, former Chief Economist and Economic Adviser to VP Biden and Executive Director of the White House Task Force on the Middle Class, and author of ‘The Reconnection Agenda: Reuniting Growth and Prosperity’.  Twitter: @econjared  Jonathan Tepper: Founder of Variant Perception, a macroeconomic research group that caters to asset managers. Author of ‘The Myth of Capitalism: Monopolies and the Death of Competition’, ‘Endgame: The End of the Debt Supercycle’, and ‘Code Red’, a book on unconventional monetary policy.  Twitter: @jtepper2  Further reading: https://democracyjournal.org/magazine/51/progressive-labor-standards/  Learn more about your ad choices. Visit megaphone.fm/adchoices

Naomi Fowler talks to investor and author Jonathan Tepper who’s co-written a book called ‘The Myth of Capitalism: Monopolies and the death of capitalism’ and explore monopolies, the dangers to consumers and citizens, and the suppression of true innovation: are we in the last stage of capitalism? Plus the Tax Justice Network's John Christensen discusses Congress woman Alexandra Ocasio-Cortez's proposal for a 70% top marginal tax rate to be levied on incomes once they get to $10 million and above. And...we talk about Brexit, and how the European Union should handle the City of London's finance sector

Zach has a market update and a longform interview with Jonathan Tepper, author of the must read book 'The Myth of Capitalism: Monopolies and the Death of Competition'

Jonathan Tepper is the co-author of "The Myth of Capitalism: Monopolies and the Death of Competition". In his book, Tepper describes how America has gone from an open, competitive marketplace to an economy where a few very powerful companies dominate key industries that affect our daily lives – from health insurance, to many consumer goods and also tech giants like Google and Facebook and Amazon. “Every day, ordinary people transfer their money to monopolists and oligopolists” says Tepper – proposing instead vigorous anti-trust legislation to return America and other Western nations including the UK to an era when competition created higher economic growth, more jobs and higher wages, and more start-up companies too. As a founder of several companies himself, with a background in both finance and citizen journalism, this is a story Tepper is well-qualified to tell.

My guest today is Jonathan Tepper, the chairman of Variant Perception, a macroeconomic research group catering to asset managers and co-founded Demotix, a citizen-journalism photo newswire. He is the co-author of The Myth of Capitalism: Monopolies and the Death of Competition. The topic is his book The Myth of Capitalism: Monopolies and the Death of Competition In this episode of Trend Following Radio we discuss: Technology monopolies Capitalism Airline monopolies Anti trust laws Federal Reserve The banking system Fake capitalism The Antitrust Paradox Patents Jump in! --- I'm MICHAEL COVEL, the host of TREND FOLLOWING RADIO, and I'm proud to have delivered 10+ million podcast listens since 2012. Investments, economics, psychology, politics, decision-making, human behavior, entrepreneurship and trend following are all passionately explored and debated on my show. To start? I'd like to give you a great piece of advice you can use in your life and trading journey… cut your losses! You will find much more about that philosophy here: https://www.trendfollowing.com/trend/ You can watch a free video here: https://www.trendfollowing.com/video/ Can't get enough of this episode? You can choose from my thousand plus episodes here: https://www.trendfollowing.com/podcast My social media platforms: Twitter: @covel Facebook: @trendfollowing LinkedIn: @covel Instagram: @mikecovel Hope you enjoy my never-ending podcast conversation!

Jonathan Tepper is co-author of “The Myth of Capitalism: Monopolies and the Death of Competition.” He is chairman of Variant Perception, a macroeconomic research group catering to asset managers and co-founded Demotix, a citizen-journalism photo newswire. Tepper notes — Google and Facebook control over 70% of all search and linkage within the internet. Their algorithms are biased and guide users to go where they want them to go. Most need Google or Facebook to login to certain websites. So on a platform as vast as the internet, where is the competition? There’s a lot of smart, wealthy, entrepreneurial focused people around the world – why are they not fighting back? There is virtually no interest by people in Silicon Valley to get into the search engine game. Any small competitor that tries to insert themselves into the industry gets bought out by their larger sized competitors. Jonathan encourages capitalism and companies becoming monopolies because of organic growth. Unfortunately, this is rarely how companies grow. Monopolies are usually formed due to political advantages and strong economic footholds. Jonathan describes the economy right now as “fake capitalism.” What will it take to overturn a Google or Facebook or Amazon? Will they be dominating for the next 30 years? The central point of evolution is competition – the struggle for survival. In a perfect world, companies with the best and strongest traits would survive while the old and fat companies would die off rather than continue to thrive because of crony capitalism. Only time will tell if these mammoth sized companies will continue to push boundaries and prosper or if a younger more creative company will overthrow them. In this episode of Trend Following Radio: Technology monopolies Capitalism Airline monopolies Anti trust laws Federal Reserve The banking system Fake capitalism The Antitrust Paradox Patents

Merryn talks to investor and author Jonathan Tepper, whose book – The Myth of Capitalism: Monopolies and the Death of Competition – attempts to explain just what is wrong with capitalism today, and what can be done about it.

Many Americans envision capitalism as a driving ideal of our country, but some economists contend that a few digital monopolies have risen to restrict our nation’s capitalist ideals and act as gatekeepers to the free market. Economist author Jonathan Tepper and Business Development manager Denise Hearn took Town Hall’s stage to tackle issues of growing economic inequality. They presented perspectives from their book The Myth of Capitalism: Monopolies and the Death of Competition, asserting that the U.S. has gone from an open, competitive marketplace to an economy where a few very powerful companies dominate key industries that affect our daily lives. Tepper and Hearn were joined by panelists: Nick Hanauer, co-founder and partner in venture capital firm Second Avenue Partners; John Perkins, Chief Economist as a major international consulting firm and adviser to World Bank, the United Nations, the U.S. Treasury Department; Rachel Lauter, executive director of Working Washington and the Fair Work Center; and Nicole Vallestero Keenan-Lai, executive director of Puget Sound Sage. Together they discussed solutions, suggesting vigorous anti-trust enforcement to return America to a period where competition created higher economic growth, more jobs, higher wages and a level playing field for all. Sit in for an essential conversation on all things capitalism in America—from anemic economic growth to declining start-up success rates—and why workers are losing out. Recorded live at The Collective by Town Hall Seattle on Thursday, November 29, 2018. 

“Capitalism without competition is not capitalism”.  That is the fundamental and irrefutable premise of a new book by Jonathan Tepper and Denise Hearn, The Myth of Capitalism: Monopolies and the Death of Competition, named one of the best economics books of 2018 by The Financial Times. Tepper and Hearn launch a stinging attack on high concentration and insipid competition in the US economy today, documenting and explaining its symptoms and side effects at length. This is a polemic that takes no prisoners. Dysfunctionality and capture of the political, regulatory and academic establishments are recurring themes and, not surprisingly, Big Tech is singled out for special treatment. The book mounts an extensively researched and engagingly written case for an overhaul of antitrust enforcement to fix the problem.  It's a call to arms, exhorting legislators and courts to ensure that antitrust laws play their part in administering the dose of reinvigorated competition that Tepper and Hearn argue is sorely needed. Faltering productivity, stymied innovation, stagnant wages growth and rising inequality are not just concerns for the US, however.  They are the preoccupations of economic policymakers and enforcement agencies in many countries around the world, making the book a valuable resource with international relevance. In this episode, Jonathan shares the key insights from the book and defends its thesis against the arguments that most commonly feature on the opposing side of the debate. For more details and to order the book, you can visit The Myth of Capitalismwebsite. For more about Jonathan Tepper, he has his own personal website, and you can follow him on Twitter @jtepper2. Featuring regular cut-through interviews with leading thinkers, movers and shakers, Competition Lore is a podcast series that engages us all in a debate about the transformative potential and risks of digitalised competition. Join Caron Beaton-Wells, Professor in Competition Law at the University of Melbourne, to tackle what it means to participate as a competitor, consumer or citizen in a digital economy and society. Competition Lore is produced by Written & Recorded.

This week, Guy Chirello, President of FirstData, came on to talk about his company's work tracking holiday shopping in real-time. Jonathan Tepper, Founder of Variant Perception, joined to discuss his new book "The Myth of Capitalism: Monopolies and the Death of Competition." Scarlet sat down with Chris Cavallini, the founder and CEO of meal preparation business Nutrition Solutions, to talk about giving people with criminal records a second chance in the workforce. Then Ohio State Treasurer Josh Mandel came on to talk about Ohio becoming the first state to let businesses pay taxes with bitcoin.