The Harvey Weinstein of Antitrust

Weinstein of Antitrust, Matt Stoller

Okay, so both sexual predators, very bad, but as I recall Weinstein's Miramax did actually make some good movies: Pulp Fiction, No Country for Old Men, City of God, etc. This guy, Joshua Wright, on the Federal Trade Commission, Head of Antitrust at George Mason University, is actually a power broker paid millions to thwart any antitrust reforms or prosecutions that might be directed at his clients, some of the biggest corporations in the world. 

In other words, he's an antitrust guy who defends and encourages monopoly. This is not how it is supposed to work. 

Also, surprise, more vivid evidence of the really-existing rot in the so-called Deep State: conservative business corruption. Government captured by industry lobbying. The parts of the Deep State that stopped or are still trying to stop TFG's lawless financial corruption, violence, treason, and insurrection are the best parts of the Deep State, deserving of our gratitude. Guys like Wright our scorn. 

Monopoly or oligopolistic collusion, price fixing, etc, promote economies of scale growth up to a point and then act like a kind of glorified hoarding, bottlenecking wider diffusion of spending, production, and wealth. 

After reading this story I can't now look at this picture without thinking Wright is probably sexually harassing the woman swearing him in. Sorry. 


No comments:

Post a Comment