Oligopoly Capitalism: economic and democratic threats: the Tax Justice Network’s January 2019 podcast

In Edition 85 of the January 2019 Tax Justice Network’s monthly podcast/radio show, the Taxcast (available on iTunes, Stitcher, Spotify and other podcast platforms):

• Naomi Fowler talks to investor and author Jonathan Tepper who’s co-written a book called ‘The Myth of Capitalism: Monopolies and the death of capitalism’ and explore monopolies, the dangers to consumers and citizens, and the suppression of true innovation: are we in the last stage of capitalism?
• Plus the Tax Justice Network’s John Christensen discusses Congress woman Alexandria Ocasio-Cortez‘s proposal for a 70% top marginal tax rate to be levied on incomes once they get to $10 million and above.
• And…we talk about Brexit, and how the European Union should handle the City of London’s finance sector

Featuring:

• Jonathan Tepper investor and co-author of ‘The Myth of Capitalism: Monopolies and the death of capitalism’
• John Christensen of the Tax Justice Network
• Produced and presented by Naomi Fowler of the Tax Justice Network

“Competition is declining. The idea that some of these industries that we see are truly Capitalist is not true in the sense that you don’t have genuine competition

~ Jonathan Tepper investor and co-author of

‘The Myth of Capitalism: Monopolies and the death of capitalism’

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Want more Taxcasts? The full playlist is here and here. Or here.

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Further reading:

The world’s 26 richest people own as much as poorest 50%, says Oxfam, and there’s a growing concentration of wealth in the world. https://www.theguardian.com/business/2019/jan/21/world-26-richest-people-own-as-much-as-poorest-50-per-cent-oxfam-report?CMP=share_btn_tw

Alexandria Ocasio-Cortez’s Green New Deal demands the courage of the Roosevelt era https://www.newstatesman.com/politics/economy/2019/01/alexandria-ocasio-cortez-s-green-new-deal-demands-courage-roosevelt-era-2

Alexandria Ocasio-Cortez’s Tax Hike Idea Is Not About Soaking the Rich https://www.nytimes.com/2019/01/22/opinion/ocasio-cortez-taxes.html?action=click&module=Opinion&pgtype=Homepage

For a Real-World Example of Ocasio-Cortez’s Tax Proposal, Look to Sweden https://www.bloomberg.com/news/articles/2019-01-09/hysteria-around-a-70-tax-rate-gets-a-reality-check-in-sweden

Read John Christensen’s notes on his speech to the EU Parliament on the Impact of Brexit on Tax Evasion and Money Laundering https://taxjustice.net/2019/01/23/brexit-and-the-future-of-tax-havens/ You can watch the whole thing here