Airlines have merged from 12 major carriers in 1980 to 4 today.
A handful of companies control the pharmaceutical industry.
Four giants control 80% of meat processing.
The evidence of corporate concentration is everywhere.
The second richest man on earth is about to acquire TikTok and his family could soon own both Paramount and Warner Bros.
The third richest man owns Facebook, Instagram, and WhatsApp.
The fourth richest man owns The Washington Post.
See the problem here?
#CapitalismIsTheProblem
A whole generation under 30 is figuring out that a home & a family will never be within reach for them.
Society is not ready for what that does.
#CapitalismIsTheProblem
Michael Parenti
#EndUSImperialism
#NoWarForOil
#CapitalismIsTheProblem
Michael Parenti
#EndUSImperialism
#NoWarForOil
#CapitalismIsTheProblem
Why? This chart has the answer.
#CapitalismIsTheProblem
#SocialismIsTheAnswer
#CapitalismIsTheProblem
#SocialismIsTheAnswer
#CapitalismIsTheProblem
#ChinaIsNotOurEnemy
#NoWarButClassWar
#CapitalismIsTheProblem
#ChinaIsNotOurEnemy
#NoWarButClassWar
UPS announced 48,000 layoffs. Its CEO made over $24M last year.
Intel announced 20,000 layoffs. Its new CEO's pay package is valued at nearly $69M.
This is what I mean when I say the system is rigged.