Judd Legum

@JuddLegum ↗

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Last Checked Nov. 25, 2022

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Mon Nov 07 15:09:15 +0000 2022

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Judd Legum @JuddLegum

5. Corporations in highly concentrated industries, with little competition, have been able to exploit the shock of the pandemic and interruptions to the supply chain to massively increase profit margins. Let's take a look at the shipping industry... — PolitiTweet.org

Posted Nov. 7, 2022

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Judd Legum @JuddLegum

4. A search of the same database of 47 major U.S. newspapers over the last month reveals just eight articles that mention inflation in proximity to "corporate profits." https://t.co/SrqPsvFhR8 — PolitiTweet.org

Posted Nov. 7, 2022

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Judd Legum @JuddLegum

6. The top 10 container lines "control nearly 85% of the capacity for shipping goods by sea." Even that overstates the amount of true competition today. 9 of the top 10 shipping companies operate "under vessel-sharing agreements called 'alliances'" — PolitiTweet.org

Posted Nov. 7, 2022