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by nobody9999
30 days ago
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>the result of changes made in the 80's, like gutting anti-trust. The '90s didn't help a lot either. cf. the repeal of Glass-Steagall[0] which, arguably, did much more to damage the US economy (there's a direct line from its repeal to the 2008 financial crisis) than a lack of anti-trust enforcement. That said, dismantling anti-trust enforcement (which was pretty hit or miss anyway) didn't help either. [0] https://en.wikipedia.org/wiki/Glass%E2%80%93Steagall_legisla... |
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