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Jeffersonians were suspicious of urban elites and financial concentration and believed in small-town virtues and limited government.
Now J. P. Morgan -- the last of those six to stay independent -- is about to be bought, in the latest example of a trend toward financial concentration.
The other side of this is also not very attractive, because what this will lead to is more mergers, more consolidations, more economic and more financial concentration.
Less agreeable is the explosion of public debt and the acceleration of a decades-long trend: financial concentration.
Introduce land reforms and raise taxation for the wealthy: We should work towards reducing asset inequality through redistributive land reforms but also through inheritance taxes, preventing monopoly of control over water, forests and mineral resources and reducing financial concentration.
Suze Orman told investors who lost money in Bernie Madoff's infamous scheme that they had "walked right into that financial concentration camp," suggesting they should have heeded complaints the Securities and Exchange Commission all but ignored.
Similar(48)
"It makes sense, because this city is a union town; it's what happens when you have the political, the social, the financial concentrations of power to the North and South of you.
Cleveland also has emerging biotechnology and financial concentrations.
Who might be interested in the financial engineering concentration?
One change is financial industry concentration.
New York City scored high because of its financial services concentration, while San Francisco excelled because of its technology focus.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com