Global consolidation of industry and markets reached a record level in Q2 2018.
Over $2 trillion has been spent on mergers and acquisitions “to be competitive in the global marketplace.” In the name of free trade we continue to trend record income inequality.
While Democrats and Republicans spar over election meddling and immigration, fewer and fewer companies exist. In the name of free trade, wages and salaries are competitively priced but, by means of consolidation, consumer prices are not.
If Democrats and Republicans spent as much time on the source of growing income inequality, it would really make a difference!