The Myth of Capitalism tells the story of how America has gone from an open, competitive marketplace to an economy where a few very powerful companies dominate key industries that affect our daily lives. Digital monopolies like Google, Facebook and Amazon act as gatekeepers to the digital world. Amazon is capturing almost all online shopping dollars. We have the illusion of choice, but for most critical decisions, we have only one or two companies, when it comes to high speed Internet, health insurance, medical care, mortgage title insurance, social networks, Internet searches, or even consumer goods like toothpaste. Every day, the average American transfers a little of their pay check to monopolists and oligopolists. The solution is vigorous anti-trust enforcement to return America to a period where competition created higher economic growth, more jobs, higher wages and a level playing field for all. The Myth of Capitalism is the story of industrial concentration, but it matters to everyone, because the stakes could not be higher. It tackles the big questions of: why is the US becoming a more unequal society, why is economic growth anemic despite trillions of dollars of federal debt and money printing, why the number of start-ups has declined, and why are workers losing out.
Jonathan Tepper is the co-author of The Myth of Capitalism: Monopolies and the Death of Competition and the NY Times bestseller Endgame: The End of the Debt Supercycle, a book on the sovereign debt crisis. Jonathan is chairman of Variant Perception, a macroeconomic research group that caters to asset managers. Jonathan is a Rhodes Scholar. Since leaving Oxford, he has worked as an equity analyst at SAC Capital and as a Vice President in proprietary trading at Bank of America. Jonathan earned a BA with Highest Honors in History and Economics from the University of North Carolina at Chapel Hill, and a M.Litt. in Modern History from Oxford University.
Denise Hearn is co-author of The Myth of Capitalism: Monopolies and the Death of Competition. She is currently Head of Business Development at Variant Perception - a global macroeconomic research and investment strategy firm. She has an MBA from the Oxford Said Business School, where she co-chaired the Social Impact Oxford Business Network, and a BA in International Studies from Baylor University. Denise has always been interested in human flourishing. She has managed a variety of projects in this vein including: building new impact investment models in Canada, presenting to over 50,000 people while designing nationwide educational curriculum, and helping to create the world's first Trustmark for Sharing Economy companies in the UK. She participated in the Alt/Now: Economic Inequality residency program at the Banff Centre. Denise resides in Seattle with her husband.