"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.
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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.
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“markets are now more concentrated and less competitive than at any point since the Gilded Age.”
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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"
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