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Monopolies Suck: 7 Ways Big Corporations Rule Your Life and How to Take Back Control

Sally Hubbard

An urgent and witty manifesto, Monopolies Suck shows how monopoly power is harming everyday Americans and practical ways we can all fight back. Something's not right. No matter how hard you work, life seems to only get harder.

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Book Information

Publisher: Simon & Schuster
Publish Date: 10/27/2020
Pages: 320
ISBN-13: 9781982149703
ISBN-10: 1982149701
Language: English

What We're Saying

October 26, 2020

In this urgent and witty manifesto, Sally Hubbard shows how monopoly power is harming everyday Americans and practical ways we can all fight back. READ FULL DESCRIPTION

November 04, 2020

We blame the economy for our financial struggles, but the economy—apart from the COVID-19 catastrophe—has been doing just fine. The problem is that the ultrarich are hoarding its spoils. What changed from the 1980s to today that made the economy stop working for the middle class? A big piece of that puzzle is monopoly. READ FULL DESCRIPTION

Full Description

An urgent and witty manifesto, Monopolies Suck shows how monopoly power is harming everyday Americans and practical ways we can all fight back. Something's not right. No matter how hard you work, life seems to only get harder. When your expenses keep going up but your income stays flat, when you're price-gouged buying medicine for your child's life-threatening allergy, when you live in a hyped-up state of fear and anxiety, monopoly power is playing a key role. In Monopolies Suck, antitrust expert and director at the Open Markets Institute, Sally Hubbard, shows us the seven ways big corporations rule our lives--and what must be done to stop them. Throughout history, monopolists who controlled entire industries like railroads and oil were aptly called "robber barons" because they extracted wealth from everyone else--and today's monopolies are no different. By charging high prices, skirting taxes, and reducing our pay and economic opportunities, they are not only stealing our money, but also robbing us of innovation and choice, as market dominance prevents new companies from challenging them. They're robbing us of the ability to take care of our sick, a healthy food supply, and a habitable planet by using business practices that deplete rather than generate. They're a threat to our private lives, fair elections, a robust press, and ultimately, the American Dream that so many of us are striving for. In this slim, accessible guide, Sally Hubbard gives us an easy-to-understand overview of the history of monopolies and antitrust law, and urges us to use our voices, votes, and wallets to protest monopoly power. Emboldened by the previous century when we successfully broke up monopoly power in the US, we have the tools to dismantle corporate power again today--before their lobbying threatens to undermine our economy and democracy for generations to come.

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