A couple of Socialist ideologies
Wake up to old-fashioned power of new oligopolies
http://news.ft.com/cms/s/e4620e70-9cfd-11da-8762-0000779e2340.html
If you are a large company that is experiencing a lot of competition
then you may not be part of an oligopoly. If your company is very
broad and/or are one of only a few competitors, then you might be part
of one. This article points out the "disproportionately high profits"
that members of a typical oligopoly experience. U.S. business policies
have allowed corporations to become extremely broad in scope.
For example, the article goes on to say… "Mittal Steel's play for
Arcelor may not be a global-scale problem, as the two companies
combined account for only 10 per cent of the world steel market. But
what of the fact that three companies account for 75 per cent of
global iron ore production?"
Global terror threat prompts request for record $439bn in military
funding seems to make the president's plea for healthcare spending
accounts reasonable. However, this means for utilizing pre-tax dollars
for medical expenses do nothing to help the lower classes.
http://news.ft.com/cms/s/c19243cc-977d-11da-82b7-0000779e2340.html

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