"In the past few decades, however, the economy has come to resemble something more like a stagnant pool. Entrepreneurship, as measured by the rate of new-business formation, has declined in each decade since the 1970s, and adults under 35 (a k a Millennials) are on track to be the least entrepreneurial generation on record.Como não recordar os caviares portugueses que suspiram por empresas grandes.
This decline in dynamism has coincided with the rise of extraordinarily large and profitable firms that look discomfortingly like the monopolies and oligopolies of the 19th century.
“markets are now more concentrated and less competitive than at any point since the Gilded Age.”
perhaps capitalism needs churn like some aquatic plants need a current. The free market is rheophytic. Bigger is not always bad, but if we’ve learned anything in the past three decades, it’s that a little froth is always good."
Trechos retirados de "America’s Monopoly Problem"