Competition is Killing Us, Michelle Meagher, reviewed

Review of Competition is Killing Us, by Michelle Meagher, available from Penguin here.

We live in the age of big companies where rising levels of power are concentrated in the hands of a few. Yet no government or organisation has the power to regulate these titans and hold them to account. We need big companies to share their power and we, the people of the world, need to reclaim it.

In Competition is Killing Us, top business and competition lawyer Michelle Meagher establishes a new framework to control capitalism from the inside in order to make it work for the many and not just the few.

Meagher has spent years campaigning against these multi-billion and trillion dollar mammoths that dominate the market and prioritise shareholder profits over all else; leading to extreme wealth inequality, inhumane conditions for workers and relentless pressure on the environment.

In this revolutionary book, she introduces her wholly-achievable alternative; a fair and comprehensive competition law that limits unfair mergers, enforces accountability and redistributes power through stakeholder governance.

With an afterword by Simon Holmes, Member of the UK ‘s Competition Appeal Tribunal, Academic Visitor at the Centre for Competition Law and Policy, Oxford University

Competition is Killing Us, Michelle Meagher, reviewed

We are seeing more and more books looking to critically re-evaluate how we do business, the current flaws in its methods of operating, and the potential path to doing things better. Michelle Meagher has been on this journey too, having seen the devastating impact of capitalism driven deaths in many areas, including the traffic loss of 1200 lives in a Bangladeshi clothes sweatshop.

Throughout the book she aims to deconstruct many of the current myths of what capitalism is, and what it declares it has to be. She argues her case well, with lots of positive and even inspiring case studies and examples. It helps to deconstruct many of the reasons why policymakers have argued it is not possible to change their methods of business. The book is well written, concise, coming in at less than 200 pages, but with enough information to clearly articulate why we can and should be doing business differently, and better, for all of our sakes, and the planet too.

A https://t.co/EOrRIf3pvg affiliate link for my book – buy via this link and 10% goes to supporting independent bookshops, 10% goes to me, plus a royalty percentage of the publisher's commission, and the rest is a challenge to bookselling monopolistshttps://t.co/bzqv38Zsvp https://t.co/nFiWbVoBKm

— Michelle Meagher ????? (@MichMeagher) November 7, 2020

About the author

Michelle Meagher is a Senior Policy Fellow at the University College London Centre for Law, Economics and Society and co-founder of the Inclusive Competition Forum, a think tank focused on democratising corporate power and the enforcement of competition law. Michelle is a UK and US-qualified lawyer, specialising in competition law and corporate governance. Michelle sits on the corporate governance committee of the Institute of Chartered Accountants in England and Wales.

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