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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsThe 10 Corporations who have taken over the economy
This has been underway for at least 30 years -- and we Americans have let it happen, and allowed our politicians to let it happen. And still mergermania continues to this day. We need a new Paul Revere (or many Paul Reveres) to get this country to "wake the f** up."
http://www.alternet.org/10-giant-corporations-have-taken-over-much-our-economy
Excerpt:
The 10 Giant Corporations That Have Taken Over Much of Our Economy
There was a time when there was competition in the American marketplace, when one corporation didn't own 200 other companies -- that time is long gone.
There isn't much diversity in America's economic web of life. An image that was first posted on Reddit last year, and was recently grabbed by the folks over at PolicyMic, shows just how out-of-control corporate America has become in the years since Ronald Reagan stopped enforcing the Sherman Anti-Trust Act.
Right now, there are 10 giant corporations that control, either directly or indirectly, virtually everything we buy. These corporations are Kraft, Coca-Cola, PepsiCo, Nestle, Proctor and Gamble, General Mills, Kellogg's, Mars, Unilever, and Johnson & Johnson. These 10 corporations in turn own, market, or distribute what people think of as the products of hundreds of other companies.
For example, Proctor and Gamble is best known for its cleaning and personal hygiene products, like Tide detergent, Ivory hand soap and Joy dishwashing liquid. But the company also owns or markets other products, from IAMS dog food and Pepto-Bismol to Duracell batteries and Metamucil....
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al bupp
(2,168 posts)pscot
(21,024 posts)Unless you believe corporations are people.
Armstead
(47,803 posts)pscot
(21,024 posts)It feels like we're battling Sauron.