Joy Reid Instagram – Oligarchy is a mess right? . Repost from @rbreich • Monopolization is bad for consumers but it’s also bad for workers. Market concentration keeps wages down. And fewer competitors in any given industry means workers have fewer choices of whom to work for. This is the story of monopolization, folks. Corporate consolidation is bad news for everyone except the super-rich. It’s awful for consumers, workers, and the economy as a whole — and it’s driving the most extreme wealth imbalance in over a century.