"For the last 20 years we've seen 75% of industries grow more concentrated. We've seen consumer options dwindle in certain areas. We've seen options for workers in many areas dwindle.

All of that means higher prices, and it means lower wages for workers as well. One study found that the combination... was costing the typical [US] family $5000 a year."

#BharatRamamurti, 2023

https://pitchforkeconomics.com/episode/bidenomics-with-bharat-ramamurti/

#podcasts #PitchforkEconomics #NickHanauer #Bidenomics