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Financial Intermediary Capitalism and the Accidental Oligopoly

Asset management firms’ accumulation of ownership shares has significant implications on the distribution of economic power

Photo by Tomas Eidsvold on Unsplash

Last week I testified before the Senate Committee on the Budget on the invitation of Senator Bernie Sanders. The hearing was also about private equity…




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James Kwak

James Kwak

Books: Take Back Our Party, Economism, White House Burning, 13 Bankers. @UConnLaw. Chair, @southerncenter. Co-founder, @Guidewire_PandC. Freelance cellist.

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