Monopoly power and wealth inequality are deeply intertwined.

Global food and energy companies more than doubled their profits in 2022, paying out $257 billion to wealthy shareholders.

Meanwhile, over 800 million people across the globe went to bed hungry.

@rbreich
The very companies who used the pandemic as an excuse to raise prices while making those record profits. The resulting inflation is only increasing hunger, homelessness, poverty and crime. Meanwhile politicians do nothing except use it to score political points against each other