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Jonathon Tepper explains why wages are low and why there is no innovation in Western capitalism. He says that everything has become concentrated into monopolies and making money through rents is easy, which he says is a kind of tax. yesWhen it gets down to just four companies competing with each other they start to become monopolies, he adds. He says that not every monopoly works against the public interest, but most do. He predicts the pendulum will now start to swing the other way and the monopolies will be broken up, but it will take time. [embedded content] Jonathan Tepper of Variant Perception was perplexed by the lack of U.S. wage growth and the breakdown of long standing relationships with other economic indicators. Digging deeper, he found that the odds were stacked against the
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Jonathon Tepper explains why wages are low and why there is no innovation in Western capitalism. He says that everything has become concentrated into monopolies and making money through rents is easy, which he says is a kind of tax. yesJonathon Tepper explains why wages are low and why there is no innovation in Western capitalism. He says that everything has become concentrated into monopolies and making money through rents is easy, which he says is a kind of tax. yesWhen it gets down to just four companies competing with each other they start to become monopolies, he adds. He says that not every monopoly works against the public interest, but most do. He predicts the pendulum will now start to swing the other way and the monopolies will be broken up, but it will take time. [embedded content] Jonathan Tepper of Variant Perception was perplexed by the lack of U.S. wage growth and the breakdown of long standing relationships with other economic indicators. Digging deeper, he found that the odds were stacked against the
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Mike Norman considers the following as important:
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When it gets down to just four companies competing with each other they start to become monopolies, he adds. He says that not every monopoly works against the public interest, but most do. He predicts the pendulum will now start to swing the other way and the monopolies will be broken up, but it will take time.
Jonathan Tepper of Variant Perception was perplexed by the lack of U.S. wage growth and the breakdown of long standing relationships with other economic indicators. Digging deeper, he found that the odds were stacked against the employees, consumers and suppliers by the rise of industrial concentration. This was a trend that provided a clear investment opportunity. To compliment the video, Variant Perception has given Real Vision subscribers access to a special report at http://www.variantperception.com/real.... Filmed on March 23, 2018 in London.