sharks
The big eat the small: this is how the modern market works. The big corporations have more and more power, but small companies have little chance.
- Global monopolies are eliminating competition in more and more industries. This harms competition and equal opportunities – and is at the expense of local consumers.
- China, Russia, but also the USA are strategically developing such monopolists in order to be economically more powerful in the fight between autocracies and democracies.
- If Europe wants to fight back, it needs a reinvention of the social market economy: with more start-up funding, strong competition law, and diversely structured sectors.
Crisis is when almost everyone loses and few win. Anyone looking for similarities between the three major world crises of this period will find them: Whether it is the consequences of Russia’s war against Ukraine, inflation or the energy shortage in Germany and parts of Europe – the democratic public loses out on them; few corporations win.
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