Too Long; Didn't Read
The populist movements across the world are a good indication of the ongoing rejection of the liberal order that has prevailed since the end of the second world war. This is especially true in the U.S. where 4 airlines dominate the air, 2 retailers control the pharmacy business, half of the beer market is at the hand of one company, and a chemical giant is able to dictate when and how farmers plant their seeds. The results of this regulatory oversight are predictable: high profits, incurred through revenue growth and a withering workforce, have fueled a gold rush of cheap acquisitions, leading to further concentration.