Monopoly power is not a market flaw but a market-driven outcome

Evidence

But our critical lens shows that price manipulation does not get at the heart of the problem. It is precisely the dynamics of the market that lead to the centralization of capital typical of monopolies, which then have unchecked power to hike prices. The problem of inflation cannot be solved with more free market competition. — Clara E. Mattei, Escape from Capitalism, 281

Categorization

• XREF: Contradicts the mainstream antitrust/pro-competition response to inflation that Robert Reich represents. — connects to: Monopoly rent discounts the future in favor of the past — Kean Birch, Rethinking Value in the Bio-economy:…, 62; Monopolies express competition rather than contradict it — Clara E. Mattei, Escape from Capitalism, 138; Monopoly is the outcome, not the antithesis, of competition. — Clara E. Mattei, Escape from Capitalism: An Intervention, 138 (+3 more)

Broader Connections

• Monopoly is the outcome, not the antithesis, of competition. #corroborates (0.95) — Clara E. Mattei, Escape from Capitalism, 138