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The degree of concentration of US monopoly capital is unprecedented. (lemmy.ml)
submitted 3 months ago by yogthos@lemmy.ml to c/usa@lemmy.ml
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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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[-] prototype_g2@lemmy.ml 3 points 3 months ago

This is capitalism. A system made to benefit those who have more capital by giving them even more capital.

this post was submitted on 10 Jul 2024
19 points (100.0% liked)

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