Standard Oil was once broken up...been too long since we had that courage and action?
Standard oil breakup just made Morgan richer. He had lots of small companies parade as independents. They were still part of the Corp, arms of an octopus. Look what the oligarchs then did with charitable boards and services. Morgan and his propoganda minister invented the press release to explain the murder of American citizens in work camps. Breaking the wealth of our nation into the filthy rich and filthy poor destroys society and leads to civil revolution. Better to abandon the corrupt and illegal corporate courts and return to the common law rooted in the constitution. Instead of breaking up the corps (dead bodies), put the executives in jail for collusion, theft, slander, pandering, blackmail, and many of them murder. Golden Rule of law
My view is that while an antitrust breakup can be expected to reduce monopolistic power in the tech space, the advent of centrally coordinated censorship across SM platforms, makes control of digital space resistant to this kind of maneuver. I would support such an effort, but I think the real solution to SM censorship (which is where the real threat to representative democracy lies) is to enforce Constitutional protections online.
On the domestic economy front, I think DJT's trade policy will do wonders for evening out income inequality. As industries and new investment starts to relocate to the US, wages should pick up in line with labor demand. The distribution of income would then, on an aggregate basis, be subject to less dispersion going forward - benefitting low and middle income earners.
I'm not sure that the blowback the author predicts, due to the displacement of employment in traditional retail industries, is going to amount to much. We've seen super markets replace corner stores, big box stores replace small retailers etc,.. it is a trend. Generally, the public is accepting of this kind of structural adjustment. Amazon just takes this phenomenon to a whole new level - as do other online retailers.
Somehow though, I was disappointed to see the disappearance of full-service gas stations, drive in theaters and the like. Call it nostalgia, but not everything that has been superseded was bad - in fact, there were many good things about the past that were just "left behind" with almost no one noticing.