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KansDem
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Thu Sep-08-11 10:36 AM Original message |
From 37 to 4 in 20 years |
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Poll_Blind
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Thu Sep-08-11 10:37 AM Response to Original message |
1. Man that's one hell of an infographic. |
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Liberal_in_LA
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Thu Sep-08-11 11:44 AM Response to Reply #1 |
26. +100 |
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AsahinaKimi
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Thu Sep-08-11 03:30 PM Response to Reply #1 |
39. Very telling |
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Poll_Blind
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Thu Sep-08-11 04:19 PM Response to Reply #39 |
44. Yes, indeed. This "free market" consolidation is ANTHING but good for business |
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chervilant
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Fri Sep-09-11 10:25 AM Response to Reply #44 |
127. No duh! |
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wickerwoman
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Thu Sep-08-11 07:18 PM Response to Reply #39 |
59. Exactly. A similar graphic for media corporations would pretty much tell the whole story |
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Jim_Shorts
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Fri Sep-09-11 12:28 AM Response to Reply #59 |
89. We have a monopoly in almost every industry |
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ProfessorGAC
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Fri Sep-09-11 08:00 AM Response to Reply #39 |
109. I'm Pretty Certain, No Other Industry Is This Consolidated |
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Posteritatis
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Thu Sep-08-11 04:20 PM Response to Reply #1 |
45. Isn't it though? Goddamn. (nt) |
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Rex
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Thu Sep-08-11 10:39 AM Response to Original message |
2. Yep, predatory capitalism tore us a new asshole! |
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nadinbrzezinski
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Thu Sep-08-11 10:39 AM Response to Original message |
3. Smith would agree with you |
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tclambert
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Thu Sep-08-11 08:37 PM Response to Reply #3 |
63. Exactly right. |
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chervilant
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Fri Sep-09-11 10:28 AM Response to Reply #3 |
129. And, |
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sfpcjock
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Thu Sep-08-11 10:39 AM Response to Original message |
4. ...but they're much better now. k&r |
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Odin2005
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Thu Sep-08-11 10:40 AM Response to Original message |
5. Soon they will all consolidate into one Mega-Corp and they will own us completely. |
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KansDem
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Thu Sep-08-11 11:15 AM Response to Reply #5 |
17. Isn't that what Upton Sinclair was predicting? |
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SusanaMontana41
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Fri Sep-09-11 12:34 AM Response to Reply #17 |
90. That's how I remember it, too. |
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Flatulo
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Thu Sep-08-11 11:17 PM Response to Reply #5 |
83. Well, the Feds are stopping AT&T from acquiring T-Mobile, so |
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Selatius
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Fri Sep-09-11 06:41 AM Response to Reply #83 |
101. ATT, in its current form, should probably be broken as a monopoly even without T-Mobile. nt |
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Flatulo
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Fri Sep-09-11 07:11 AM Response to Reply #101 |
107. We already did that once. They keep reconstituting. Nt |
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Selatius
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Fri Sep-09-11 08:37 AM Response to Reply #107 |
111. That's capitalism in general. It tends towards monopolism. nt |
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jwirr
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Fri Sep-09-11 09:10 AM Response to Reply #5 |
117. They will not only own us - they will own the world. And none of us |
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Octafish
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Thu Sep-08-11 10:40 AM Response to Original message |
6. Outstanding! |
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hifiguy
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Thu Sep-08-11 10:42 AM Response to Original message |
7. There is nothing, and I mean NOTHING |
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Odin2005
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Thu Sep-08-11 10:45 AM Response to Reply #7 |
8. Yup. The old "Capitalism = Compitition" meme is propaganda. |
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Blue_Tires
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Thu Sep-08-11 02:18 PM Response to Reply #7 |
35. +1000 |
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Art_from_Ark
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Thu Sep-08-11 07:10 PM Response to Reply #7 |
57. To paraphrase Leona Helmsley: |
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jwirr
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Fri Sep-09-11 09:16 AM Response to Reply #7 |
119. Wonder if the rich owners of those merged corporations will ever |
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The2ndWheel
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Thu Sep-08-11 10:47 AM Response to Original message |
9. E pluribus unum |
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thereismore
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Thu Sep-08-11 03:25 PM Response to Reply #9 |
38. That fits. nt |
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tridim
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Thu Sep-08-11 10:49 AM Response to Original message |
10. Note that the WaMu acquisition by Chase cost Chase exactly zero dollars. |
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Broderick
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Thu Sep-08-11 10:49 AM Response to Original message |
11. highly recommended |
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Overseas
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Thu Sep-08-11 10:49 AM Response to Original message |
12. I agree. "Free market competition" is a Trojan horse for monopoly capitalism. |
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MilesColtrane
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Thu Sep-08-11 10:51 AM Response to Original message |
13. And, soon to be three? |
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Arkansas Granny
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Thu Sep-08-11 10:52 AM Response to Original message |
14. I thought that this was against our antitrust laws. |
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area51
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Thu Sep-08-11 11:00 AM Response to Reply #14 |
15. I think Teddy Roosevelt has been spinning in his grave for years. n/t |
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stockholmer
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Thu Sep-08-11 10:45 PM Response to Reply #15 |
78. this outcome is exactly what so-called 'Progressive Era' reforms put into play |
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hlthe2b
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Thu Sep-08-11 11:04 AM Response to Original message |
16. Damn... that is just disgusting, but incredibly revealing.... |
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RadiationTherapy
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Thu Sep-08-11 11:22 AM Response to Original message |
18. "too big to fail" is "too big for capitalism" |
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TBF
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Thu Sep-08-11 11:25 AM Response to Original message |
19. Excellent graphic. nt |
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David Sky
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Thu Sep-08-11 11:27 AM Response to Original message |
20. And when each one of those bank mergers happened, SOME BANKER FOLKS got... |
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MadHound
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Thu Sep-08-11 11:32 AM Response to Original message |
21. Suggestion, |
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Flatulo
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Thu Sep-08-11 11:23 PM Response to Reply #21 |
84. Agreed, I haven't been near a bank in over 30 years. Fuck them. |
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Selatius
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Fri Sep-09-11 06:49 AM Response to Reply #84 |
103. Plus, as a depositor, you have a vote on how the credit union is also run. nt |
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jwirr
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Fri Sep-09-11 09:27 AM Response to Reply #21 |
123. I am interested in something new the government is doing with |
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hfojvt
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Thu Sep-08-11 11:32 AM Response to Original message |
22. so that's what that song is about |
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bvar22
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Thu Sep-08-11 11:42 AM Response to Original message |
23. A Bi-Partisan SUCCESS!!! |
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Roland99
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Thu Sep-08-11 11:43 AM Response to Original message |
24. I love my credit unions! Navy Federal, State Department, Penn State Employees, Fairwinds |
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LuckyLib
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Thu Sep-08-11 02:15 PM Response to Reply #24 |
34. Credit Union enthusiast here as well. Nothing like 'em. |
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Liberal_in_LA
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Thu Sep-08-11 11:44 AM Response to Original message |
25. awesome chart. WaMu came to LA and sucked up all the banks. |
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rug
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Thu Sep-08-11 11:44 AM Response to Original message |
27. The NCAA Tournament is a poor model for a country's financial sytem. |
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KansDem
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Thu Sep-08-11 12:31 PM Response to Reply #27 |
32. LOL!!! |
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WCGreen
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Thu Sep-08-11 11:46 AM Response to Original message |
28. Great graph... |
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progressoid
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Thu Sep-08-11 11:47 AM Response to Original message |
29. Rec. |
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pnorman
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Thu Sep-08-11 11:48 AM Response to Original message |
30. I'll pass that on, including your title. Thanks! |
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Claudia Jones
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Thu Sep-08-11 11:49 AM Response to Original message |
31. you were mistaken |
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bbgrunt
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Thu Sep-08-11 09:10 PM Response to Reply #31 |
70. so very true. |
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Starry Messenger
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Thu Sep-08-11 10:20 PM Response to Reply #31 |
74. Yep. Shared profits are lost profits. |
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taught_me_patience
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Thu Sep-08-11 12:34 PM Response to Original message |
33. The natural tendency of capitalism is for monopolies to form |
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laundry_queen
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Thu Sep-08-11 02:33 PM Response to Original message |
36. A perfectly competitive market means no profit |
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thereismore
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Thu Sep-08-11 03:25 PM Response to Original message |
37. Citigroup didn't absorb anybody since 2001. Weak! nt |
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Dawson Leery
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Thu Sep-08-11 03:36 PM Response to Original message |
40. k/r |
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leftstreet
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Thu Sep-08-11 03:38 PM Response to Original message |
41. K&R |
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Uncle Joe
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Thu Sep-08-11 03:38 PM Response to Original message |
42. Capitalism in business does foster competition, but capitalism in government works in reverse. |
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MisterP
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Thu Sep-08-11 04:12 PM Response to Original message |
43. Braudel says that capitalism was competitive from the Zeroth Century to 19Neventy7 |
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russspeakeasy
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Thu Sep-08-11 05:42 PM Response to Original message |
46. That is one kickass graph...Thanks.. |
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bigwillq
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Thu Sep-08-11 05:50 PM Response to Original message |
47. My money's in a regional bank. |
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Selatius
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Fri Sep-09-11 06:44 AM Response to Reply #47 |
102. It probably will at some point, by one of the big four if the graphic is any indication. |
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benld74
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Thu Sep-08-11 05:58 PM Response to Original message |
48. Note the number immediatelyB4 and after the repeal of Glass-Steagall Act in 99 |
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SmileyRose
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Fri Sep-09-11 12:10 AM Response to Reply #48 |
88. Good catch. |
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Ignis
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Thu Sep-08-11 06:22 PM Response to Original message |
49. K&R, great infographic from MJ. |
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abelenkpe
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Thu Sep-08-11 06:23 PM Response to Original message |
50. K&R nt |
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Paka
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Thu Sep-08-11 06:33 PM Response to Original message |
51. Powerful graph there. n/t |
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jerseyjack
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Thu Sep-08-11 06:39 PM Response to Original message |
52. Same with oil companies, cell phone companies. |
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tpsbmam
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Thu Sep-08-11 06:43 PM Response to Original message |
53. K&R but a link to the original would be nice eom |
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slipslidingaway
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Thu Sep-08-11 06:46 PM Response to Original message |
54. knr nt |
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DaveJ
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Thu Sep-08-11 06:55 PM Response to Original message |
55. Wow, 37 to 4, the sky is falling, no competition |
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bluesbassman
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Thu Sep-08-11 08:29 PM Response to Reply #55 |
62. Well some fast calculation says that 1.8% of the banks control 63% of the assets. |
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Warren Stupidity
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Fri Sep-09-11 05:54 AM Response to Reply #55 |
97. The other 9500 banks are minor players. |
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valerief
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Thu Sep-08-11 07:01 PM Response to Original message |
56. In five years, we'll be calling the last one standing The Bank. |
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Hissyspit
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Thu Sep-08-11 08:40 PM Response to Reply #56 |
65. +1 |
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Art_from_Ark
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Thu Sep-08-11 07:15 PM Response to Original message |
58. What a great graphic |
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pam4water
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Thu Sep-08-11 07:20 PM Response to Original message |
60. Great graph! K&R |
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OwnedByFerrets
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Thu Sep-08-11 07:28 PM Response to Original message |
61. WOW, just WOW |
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w0nderer
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Thu Sep-08-11 08:37 PM Response to Original message |
64. k&r n/t |
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defendandprotect
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Thu Sep-08-11 08:43 PM Response to Original message |
66. "Capitalism isn't about competition...it's about KILLING the competition" -- !! |
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sarcasmo
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Thu Sep-08-11 08:47 PM Response to Original message |
67. Scary chart, nationalize the banks now! |
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FraDon
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Sat Sep-10-11 07:31 AM Response to Reply #67 |
135. On point • n/t |
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Whisp
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Thu Sep-08-11 08:51 PM Response to Original message |
68. Obama must have done that when he was in college. |
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paulk
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Fri Sep-09-11 10:01 AM Response to Reply #68 |
126. I don't see Obama's name in the OP |
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neverforget
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Thu Sep-08-11 08:53 PM Response to Original message |
69. One of those banks holds my mortgage, The customer service was |
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bertman
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Thu Sep-08-11 09:16 PM Response to Original message |
71. That says it all. Many thanks, KansDem. REC.nt |
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LadyInAZ
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Thu Sep-08-11 09:58 PM Response to Original message |
72. yes that is the idea... |
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Prana69
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Thu Sep-08-11 10:17 PM Response to Original message |
73. Didn't an economist once say (paraphrasing) "the natural order of capitalism is to move towards... |
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dkf
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Thu Sep-08-11 10:27 PM Response to Original message |
75. Google has acquired over 100 companies all by itself |
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go west young man
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Thu Sep-08-11 10:35 PM Response to Original message |
76. Media consolidation from Wikipedia. |
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caseymoz
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Thu Sep-08-11 10:44 PM Response to Original message |
77. Capitalism creates competition:That's the theory |
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harmonicon
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Thu Sep-08-11 10:56 PM Response to Original message |
79. You were mistaken. |
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go west young man
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Thu Sep-08-11 10:58 PM Response to Original message |
80. And of course most power companies are state run and monopolies. |
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Occulus
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Thu Sep-08-11 10:59 PM Response to Original message |
81. Now THERE is a picture worth a thousand words. |
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woo me with science
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Thu Sep-08-11 11:08 PM Response to Original message |
82. K&R |
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go west young man
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Thu Sep-08-11 11:34 PM Response to Original message |
85. Here's a great article on Telecom ownership, the 1996 dereg act, and Net Neutrality. |
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go west young man
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Thu Sep-08-11 11:50 PM Response to Original message |
86. Another great resource when it comes to monopolies |
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orbitalman
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Thu Sep-08-11 11:58 PM Response to Original message |
87. K & R x 1000 n/t |
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me b zola
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Fri Sep-09-11 12:39 AM Response to Original message |
91. K&R |
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deacon_sephiroth
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Fri Sep-09-11 12:57 AM Response to Original message |
92. terrifying |
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The Wizard
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Fri Sep-09-11 02:07 AM Response to Original message |
93. But we have a choice |
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Rhythm
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Fri Sep-09-11 05:31 AM Response to Original message |
94. Equally chilling 30-year media consolidation chart... from 50 to 6 |
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deutsey
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Fri Sep-09-11 07:07 AM Response to Reply #94 |
106. I thought of this graphic, too |
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MrMickeysMom
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Fri Sep-09-11 05:32 AM Response to Original message |
95. When you express it like this, it SURE gets the message across! |
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mother earth
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Fri Sep-09-11 05:35 AM Response to Original message |
96. Is it any wonder they are too big to fail? Add zero accountability |
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blkmusclmachine
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Fri Sep-09-11 05:55 AM Response to Original message |
98. Reality: The ones with the most $$$ win, and then begin to dictate what they want to become law: |
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Pacifist Patriot
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Fri Sep-09-11 06:27 AM Response to Original message |
99. Wonder what the graphic would be like at 25 years. |
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Selatius
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Fri Sep-09-11 06:40 AM Response to Original message |
100. Behold! I give you ... The Four Horsemen!!! nt |
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mmonk
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Fri Sep-09-11 06:53 AM Response to Original message |
104. We need a Teddy Roosevelt. |
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sfpcjock
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Fri Sep-09-11 07:01 AM Response to Original message |
105. This is such a great graphic. |
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Stuart G
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Fri Sep-09-11 07:36 AM Response to Original message |
108. k & r thanks for posting...nt |
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TomClash
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Fri Sep-09-11 08:09 AM Response to Original message |
110. Do you have a link to this chart? nt |
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KansDem
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Fri Sep-09-11 08:39 AM Response to Reply #110 |
112. I believe it originally appeared on "Mother Jones" about a year or so ago... |
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TomClash
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Fri Sep-09-11 09:21 AM Response to Reply #112 |
120. Thanks nt |
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KansDem
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Fri Sep-09-11 09:23 AM Response to Reply #120 |
122. I think I found it! |
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Larry Ogg
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Fri Sep-09-11 09:50 AM Response to Reply #110 |
124. Here's the link |
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TomClash
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Fri Sep-09-11 09:54 AM Response to Reply #124 |
125. Thanks nt |
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Change Happens
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Fri Sep-09-11 08:51 AM Response to Original message |
113. Watch regulators fuck up B of A...This bank HAS TO BE closed!!! |
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apnu
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Fri Sep-09-11 08:55 AM Response to Original message |
114. Anybody got a link to the orginal MJ article with that graphic? (nt) |
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KansDem
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Fri Sep-09-11 09:22 AM Response to Reply #114 |
121. I think I found it! |
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jwirr
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Fri Sep-09-11 09:02 AM Response to Original message |
115. And that may very well be why we are in this economic mess. |
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gtar100
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Fri Sep-09-11 09:09 AM Response to Original message |
116. wow! Very telling graph. What's inevitably next when capitalism demands growth? |
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amborin
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Fri Sep-09-11 09:11 AM Response to Original message |
118. same with publishers.... |
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dash_bannon
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Fri Sep-09-11 10:26 AM Response to Original message |
128. This is Capitalism's End Game |
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The2ndWheel
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Fri Sep-09-11 10:28 AM Response to Reply #128 |
130. It's civilization's endgame |
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geardaddy
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Fri Sep-09-11 10:56 AM Response to Original message |
131. Rec |
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SOS
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Fri Sep-09-11 10:59 AM Response to Original message |
132. State monopoly capitalism is the final stage of this system |
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Larry Ogg
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Fri Sep-09-11 11:02 AM Response to Original message |
133. If Ponzi schemes are legalized by venal politicians, is it still a Ponzi scheme? |
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jpstiel
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Fri Sep-09-11 03:44 PM Response to Original message |
134. Let's Act Now to Save a Rough Time Later |
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