THE MYTH
OF CAPITALISM
MONOPOLIES AND THE DEATH OF COMPETITION
NAMED ONE OF THE
BEST BOOKS OF 2018
BY THE FINANCIAL TIMES
"If you want to understand the real cause of rising inequality, discard Piketty and read Tepper instead. This is a tract for the times with a rare bipartisan appeal..."
Niall Ferguson
Milbank Family Senior Fellow, Stanford
and author of The Ascent of Money
Michael Spence
Economics professor at Stern School of Business NYU
Nobel Prize in economics, 2001
"Tepper and Hearn have written an impressive and important book...
One hopes that it will have the impact that it clearly deserves..."
Anonymous
Billionaire hedge fund manager
"I think the book is too hard on some companies and CEOs. There is no way I could endorse the book."
"Clear and highly accessible, the book takes no prisoners, arguing that monopolists’ funding and sloppy thinking has corrupted every aspect of the system, from politicians to regulators to academics.”
Kenneth Rogoff
Harvard University
Former Chief Economist, IMF
Sir Angus Deaton
Princeton University
Nobel Prize in economics, 2015
"Tepper and Hearn make the case that inequality is the symptom, not the disease. They provide an immensely readable and persuasive account, superbly well-informed by a mass of recent data and research."
PROBLEMS
WORKERS ARE STRUGGLING
WAGES ARE
STAGNANT
INEQUALITY IS
GROWING
BUT THESE ARE
ONLY SYMPTOMS
On April 9, 2017, police officers from Chicago’s O'Hare airport removed Dr. David Dao from United Express Flight 3411. The flight was overbooked, but he refused to give up his seat, as he had patients to treat the next day. Fellow passengers recorded a video of him being dragged off the plane. You could hear gasps of disbelief from fellow passengers, “Oh, my god!” “No! This is wrong.” “Look at what you did to him.” No one could believe what they were seeing.
In the video he could be seen bleeding from the mouth as police dragged him down the aisle. The video quickly went viral and was shared millions of times on the internet. United’s CEO, however, did not apologize and blamed the passenger for being belligerent. Eventually, the outrage was so great that the CEO and airline apologized and reached an undisclosed settlement with Dr. Dao...
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ABOUTUS
We're friends and colleagues, and this book sparked from conversations between us - trying to determine the root cause of the problems
we are witnessing today.
Thanks for joining us on this journey - we hope you're informed, upset,
and then inspired to act after reading.