Lessons from some of America's greatest statesmen: the concentration of economic power not only can destroy democracy but its moral values and civic virtue, as well.
Fixing America’s social and economic problems will require an assault on the concentration of economic power. It is hard to find a book that gives a better historical reference than Democracy's Discontent: America in Search of a Public Philosophy. It is the seminal book on America’s long attachment to engendering civic virtue in its citizens and is written by Michael J. Sandel, Harvard’s most popular lecturer.
It is timely given this week’s announcement that after a year of investigation, a US congressional antitrust subcommittee has created an aggressive game plan to curb the power of the largest-technology platforms. “These firms have too much power, and that power must be reined in and subject to appropriate oversight and...
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