Jonathan Tepper, Columnist

American Corporations Are Winning Their War on Capitalism

When tech giants stamp out startups, they smother productivity. Second of two excerpts from “The Myth of Capitalism.”

November 26, 2018 at 9:00 AM EST

Jonathan Tepper, a founder of Variant Perception, a research group for asset managers, is the author, most recently, of "The Myth of Capitalism: Monopolies and the Death of Competition," with Denise Hearn.

Silicon Valley in 2000.
Photographer: David McNew/Hulton Archive/Getty Images

Before it’s here, it’s on the Bloomberg Terminal

LEARN MORE

This article is for subscribers only.

America is supposed to be a land of economic dynamism filled with disruptive companies, but the reality is very different.

Everyone knows the inspiring stories of companies starting in garages in Silicon Valley from Hewlett Packard to Google. The popular press focuses on big success stories we all know: Dropbox, Airbnb, Tinder, Nest, Fitbit and so on.

Before it’s here, it’s on the Bloomberg Terminal

LEARN MORE