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OpEdNews Op Eds    H3'ed 3/4/10

Barry C. Lynn's "Cornered: The New Monopoly Capitalism and Economics of Destruction"

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-- home-based ones to build a power base to capture global markets;


-- pincer ones - "One of the oldest techniques for capturing and protecting monopoly positions" by controlling related activities, then using them to consolidate and crush competition;


-- trading ones that rely on offshore suppliers, investing instead in marketing and strategic alliances for greater market share;


-- middleman ones to build power positions between producers and end users;


-- privatized public monopolies - the simplest, fastest way to create private ones;


-- leapfrog ones by repackaging old businesses in new technologies to escape government oversight;


-- futures ones so financiers can dominate trading markets for commodities, financial instruments and currencies, etc.;


-- respecting other monopolies so they'll respect yours; and


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I was born in 1934, am a retired, progressive small businessman concerned about all the major national and world issues, committed to speak out and write about them.

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