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https://doi.org/10.22394/2686-7834-2022-1-7-44

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Антимонопольное регулирование как симптом дисфункции американской политической системы

Antimonopolism as a Symptom of American Political Dysfunction
[journal article]

Woodcock, Ramsi A.

Abstract

Contemporary American interest in using antitrust law to address wealth inequality is a symptom of American political dysfunction rather than a refl ection of any intellectual advance regarding the sources of inequality. Indeed, both the original American progressives of a century ago, as well as Th... view more

Contemporary American interest in using antitrust law to address wealth inequality is a symptom of American political dysfunction rather than a refl ection of any intellectual advance regarding the sources of inequality. Indeed, both the original American progressives of a century ago, as well as Thomas Piketty, whose work sparked contemporary intellectual interest in inequality, agree that inequality's source is scarcity, rather than monopoly, and so will persist even in perfectly competitive markets. The only real solution is taxation, not a potentially destructive campaign of breakup. There are two causes of contemporary American antimonopolism. The first is American anti-statism, which has closed off tax policy as a viable political solution to inequality, forcing scholars and activists to seek a second- or third-best workaround in antitrust policy. The second is the American press, which is actively promoting antimonopolism as a way of fi ghting back against Google and Facebook, two companies that have badly outcompeted the press for advertising dollars in recent years. Given these idiosyncratic roots of contemporary American antimonopolism, other jurisdictions seeking to address inequality may have little to gain from following the American example, particularly if taxation remains a viable policy option for them.... view less

Keywords
inequality; progressivism; United States of America; economic law

Classification
Law

Free Keywords
antimonopolism; Anti-Etatism; tax

Document language
Russian

Publication Year
2022

Page/Pages
p. 7-44

Journal
Theoretical and Applied Law (2022) 1

ISSN
3034-2813

Status
Published Version; reviewed

Licence
Creative Commons - Attribution-ShareAlike 4.0


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© 2007 - 2025 Social Science Open Access Repository (SSOAR).
Based on DSpace, Copyright (c) 2002-2022, DuraSpace. All rights reserved.