Are Monopolies Destroying America?
For those Tea Partiers who claim that their Revolutionary-era forbears were against taxation, Barry C. Lynn had another idea. “The real story of the first Tea Party was about people rising up against monopoly,” said Lynn, a New America Foundation fellow and author of Cornered: The New Monopoly Capitalism and the Economics of Destruction. “American was born out of many rebellions against monopolies.” The early republic, Lynn noted, rejected monopolies of church, land, and commerce. For two centuries the country fought and established laws against monopolies, preventing private government …
