Description
Book Synopsis: From the man who coined the term “net neutrality,” comes a warning about the dangers of excessive corporate and industrial concentration for our economic and political future.
We live in an age of extreme corporate concentration, in which global industries are controlled by just a few giant firms—big banks, big pharma, and big tech, just to name a few. But concern over what Louis Brandeis called the “curse of bigness” can no longer remain the province of specialist lawyers and economists, for it has spilled over into policy and politics, even threatening democracy itself. History suggests that tolerance of inequality and failing to control excessive corporate power may prompt the rise of populism, nationalism, extremist politicians, and fascist regimes. In short, as Wu warns, we are in grave danger of repeating the signature errors of the twentieth century.
In The Curse of Bigness, Tim Wu explains how figures like Brandeis and Theodore Roosevelt first confronted the democratic threats posed by the great trusts of the Gilded Age—but the lessons of the Progressive Era were forgotten in the last 40 years. He calls for recovering the lost tenets of the trustbusting age as part of a broader revival of American progressive ideas as we confront the fallout of persistent and extreme economic inequality.
Details
Discover the shocking truth behind excessive corporate power and its impact on our economic and political landscape with "The Curse of Bigness: Antitrust in the New Gilded Age." Written by the renowned expert who coined the term "net neutrality," this compelling book serves as a warning for our future.
In today's world, a small number of colossal corporations control global industries, from banking and pharmaceuticals to technology giants. Such extreme concentration poses dangerous implications for our society, threatening not only our economy but also our democracy itself. As history has shown, tolerating inequality and failing to curb corporate dominance can lead to detrimental consequences such as the rise of populism, nationalism, and even fascist regimes.
Tim Wu, in "The Curse of Bigness," draws upon the wisdom of influential figures like Louis Brandeis and Theodore Roosevelt, who initially battled against the undemocratic power of massive trusts during the Gilded Age. However, their valuable lessons have been forgotten over the past four decades. In this thought-provoking book, Wu argues for the revival of trustbusting principles and the resurgence of American progressive ideas to address the dire consequences of rampant economic inequality.
Don't let history repeat itself. Get your hands on "The Curse of Bigness" and gain a deeper understanding of the dangers posed by excessive corporate power. Join the movement for change and be part of the vital conversation about reshaping our future. Purchase now and take the first step towards a fairer and more democratic society.
Click here to order "The Curse of Bigness: Antitrust in the New Gilded Age."
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