Must Reads
America’s Hidden Duopoly
We all know our political system is “broken” — but what if that’s not true? Some say the Republicans and Democrats constitute a wildly successful industry that has colluded to kill off competition, stifle reform, and drive the country apart. So what are you going to do about it?
Imagine a gigantic industry that’s being dominated by just one or two companies. Actually, you don’t have to imagine. Google has more than 90 percent of the global search-engine market. So, not quite a monopoly, but pretty close. Such cases are rare; but not so rare is the duopoly: when two firms dominate an industry. Like Intel and AMD in computer processors. Boeing and Airbus in jet airliners... [read more]
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