this post was submitted on 10 Jul 2024
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The degree of concentration of US monopoly capital is unprecedented. (lemmygrad.ml)
submitted 3 months ago by [email protected] to c/[email protected]
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source: https://www.cambridge.org/core/journals/business-and-politics/article/hidden-power-of-the-big-three-passive-index-funds-reconcentration-of-corporate-ownership-and-new-financial-risk/30AD689509AAD62F5B677E916C28C4B6

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[–] [email protected] 2 points 3 months ago

The government fundamentally represents the interests of the class that holds power though, and under capitalism it's the people who own the monopolies.