Across the Aisle by P Chidambaram: Big, rich and unaccountable


Source: eprimefeed.com eprimefeed.com

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The rich get big and the big get rich. Once they are big and rich, there is the clear and present danger that they will be unaccountable. John Sherman, a United States Senator (the first Antitrust Act, 1890, is commonly referred to as the Sherman Act) said, “If we will not endure a king as a political power, we should not endure a king over the production, transportation, and sale of any of the necessaries of life.” Standard Oil and AT & T were broken up in the US. China has cracked down on Alibaba, Tencent and Didi. Microsoft, Google...