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Antidotes to Brutal Capitalism? Some Hidden in Plain Sight


Antidotes to Brutal Capitalism? Some Hidden in Plain Sight

Frances Moore Lappé

In our capitalist economy, business enterprise is controlled by capitalists, of course, and structured to bring highest return to shareholders. We’re all supposed to love this set-up because competition among companies gives us ever cooler products and always better deals. Right?

But, wait a minute…where is the competition?

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Or consider that the total sales of co-operatives worldwide comes to about $3 trillion, a sum that is equal to the total equity ownership of the five global tech giants: Apple, Google, Microsoft, Amazon, and Facebook.
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Why is the author comparing total sales of the cooperatives with the total equity of the for-profit giants mentioned? Would comparing total sales of both groups lead to a less rosy conclusion?


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