A Broadside Against The Corporate Monopolists And The Oligopoly

Guess who said this:

“Over a hundred years ago, a pro-business Teddy Roosevelt busted up more than 40 oil, railroad, steel and other ‘trusts’ that were wielding their rapacious monopoly power to gouge consumers and interfere with the efficient functioning of the American economy. [I] will break up the new media conglomerate oligopolies that have gained enormous control over our information [and] intrude into our personal lives…NBC, and…MSNBC, were once owned by General Electric, a leader in offshoring factories to China. Now NBC has been bought by Comcast, which is specifically targeting the Chinese market…AT&T, the original and abusive ‘Ma Bell’ telephone monopoly, is now trying to buy Time Warner and thus…CNN. [I] would never approve such a deal because it concentrates too much power in the hands of the too and powerful few. The New York Times strings are being pulled by Mexico’s Carlos Slim, a billionaire who benefits from NAFTA…Amazon, which controls the Washington Post, profits from the flow of illegally subsidized foreign products through its distribution channels. Lower costs mean higher margins — no matter if bad trade deals lead to massive unemployment in America. This oligopolistic realignment of the American media along ideological and corporate lines is destroying an American democracy that depends on a free flow of information and freedom of thought…”

It could be Bernie Sanders or even Elizabeth Warren. But it is actually a press release from the Trump campaign detailing how the media conglomerates are all in collusion to destroy him and keep him from the presidency. When you have the Republican presidential candidate going off on the oligopolists and corporate monopolists, you know that times have changed. The days of business having a free hand without oversight are ending shortly.