Wall Street has consolidated into 5 giant banks.

Airlines have merged from 12 carriers in 1980 to 4 today.

A handful of drug companies control the pharmaceutical industry.

Four giants control over 80% of meat processing.

The evidence of corporate concentration is everywhere.

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@rbreich Seems to me this puts our economy in a brittle / fragile state, where small failures can explode into production catastrophes. There's no resilience.

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