Goodreads helps you keep track of books you want to read.
Start by marking “Cornered : The new monopoly capitalism and the economics of destruction” as Want to Read:
Cornered : The new monopoly capitalism and the economics of destruction
Enlarge cover
Rate this book
Clear rating
Open Preview

Cornered : The new monopoly capitalism and the economics of destruction

3.80  ·  Rating Details  ·  69 Ratings  ·  15 Reviews
You're at the mall, looking to buy a pair of prescription sunglasses. Which of the four eyeglass stores listed in the directory should you visit first? Don't waste a lot of time deciding; it really doesn't matter. A single, huge international corporation owns three of the four eyeglass stores listed. And the fourth? Out of business. Think you'll try your luck at Sears? Don ...more
Hardcover, 312 pages
Published 2010 by John Wiley & Sons (first published December 10th 2009)
More Details... edit details

Friend Reviews

To see what your friends thought of this book, please sign up.

Reader Q&A

To ask other readers questions about Cornered , please sign up.

Be the first to ask a question about Cornered

Community Reviews

(showing 1-30 of 242)
filter  |  sort: default (?)  |  Rating Details
Mar 30, 2012 Paleoroundtable rated it it was amazing
A brilliant and sweeping treatise on the deteriorating state of Western economies. In three parts, this book covers what went wrong, how it went wrong, why it went wrong, who is to blame, and how to fix it. 5 stars!
Jan 21, 2015 Peter rated it really liked it
My kingdom for a horse! Anti-monopoly law had not been seriously enforced since a rule change thirty four years ago. After all, couldn’t everyone agree (I mean, hadn’t they?) that if it promised lower prices for consumers then why worry about monopoly, why worry about concentration? That canny wage raiser Henry Ford might know but he was dead and buried. Had they thought it through? Lower consumer prices come from “efficiency” and “synergy” which, in real English, means doing more with less, mea ...more
Aug 22, 2010 Jeff rated it liked it
Firstly, I would like to say that I enjoyed this book for one reason in particular. The author lays out a simple, yet well thought analysis of our current capitalist system. The book is similar to The Shock Doctrine in many respects, but is organized slightly differently and contains a few issues that I thought detracted from the impact of the book.

I had concern over a few issues that pervaded the work. The author seems to have a nostalgia for the pre-Civil War period in American history, where
May 06, 2010 C F rated it it was amazing
Barry Lynn's new book is a good explanation of how corporations have cornered capitalism, leaving little room for the entrepreneurs who create more jobs. Think of the oligopolies in the banking, weapons, accounting, food production, etc. sectors. But this book is very accessible, and not at all intimidating for the non-economist who wants to know why, if there are so many brands on the shelf, it can be said that there are just a few companies that control the food market. He also does an interes ...more
John G.
Mar 06, 2013 John G. rated it it was amazing
Shelves: favorites
This book nails it, the real problem which is concentrated power in fewer and fewer hands. It's rare to see anyone express these sentiments so forcefully and in such a straight forward manner. Lynn takes off the kid gloves in this book. This book made economic history come alive and made me realize how important it is to know history and that, no, things really haven't always been this way and that's it's not natural at all for things to take this shape. He made me realize that politics and poli ...more
Paul Namie
Jul 24, 2011 Paul Namie rated it it was amazing
This is a fascinating book on the effect that financial deregulation has had on the "free market" economy. The author explains how Corporate Monopolies in almost every industry threaten consumer choices and the quality of the goods that are produced. He compares the control that the monopolies have to a form of Quasi Socialism, where competion and innovation are stifled and controlled by the finance industry instead of the entrepenurs and scientific innovators.
Jan 31, 2014 Clif rated it really liked it
Shelves: history, economics
Get this book...

I'll admit, it was kind of a hard slog for me to read, but by the time you get to chapter two, you will not regret it. This is a literal textbook case as to the "why" of the Crash of '08 and the subsequent recession that followed it.

He shows historical precedent in every case, and, as humans are wont to do, repeat history again. Whether detailing the role of the financier, the laborer, the small investor, CEO, etc, this book breaks down the original purpose of a corporation, and
Erin Panjer
Feb 03, 2014 Erin Panjer rated it it was amazing  ·  review of another edition
This is a must read, not just an opinion piece, it is historical account of what has gone wrong. He puts the 'Chicago School' and Milton Friedman in proper place to view the dishonesty they preached and how they got away with it, how it's all in the way they framed and worded what 'Free Markets' were all about. He takes account of the past, and explains down the faith or mysticism of the market and economy. We need to understand what is happening now for fixing the problems that new Oligarchy/Co ...more
Maria  D
Feb 07, 2015 Maria D rated it liked it
Shelves: economics
This book totally changed my view about monopolies, their way of operation and creation, and the laws of "free market" today.

The book is full of facts that open your mind to the world you didn't think you live in. So I think it was a very important read.

That said, I have to say I didn't enjoy the writing much, and skipped some parts of the book, especially the historical ones. The writer is clearly biased towards certain economic views, repeats himself a lot, wastes words, and I think about thir
Feb 02, 2012 Brian rated it it was amazing
Barry C. Lynn traces the startling concentration of power occurring in US industry in 2010 in this enlightening expose. He surprisingly sees Milton Friedman and John Kenneth Galbraith as partners (!) in starting today's monopolization, with Robert Reich assisting via his _The Work of Nations_. It's an interesting read.
Jul 19, 2010 Brian rated it liked it
He sure doesn't care for Friedman much -- he is about as complementary to Uncle Miltie as Naomi Klein, and about as truthfully (which is to say, not much). He also misreads Schumpeter pretty thoroughly. With that said, the policy recommendations at the back make a fair bit of sense.
Jun 15, 2011 Craig rated it liked it  ·  review of another edition
Very interesting and timely book. I'm not an economist and had a hard time following the information in the book. But overall a very powerful explanation of the unchecked power of corporations and the threat to our country unless there are significant changes.
Apr 06, 2010 Brian rated it did not like it
Interesting info that makes sense to me and with the bit of economic knowledge I've got, I believe it. I'm just not sure how the editor let pass the author's tendency to over-explain and repeat himself.

Content: Good
Writing: Unreadable
Apr 29, 2010 John rated it it was ok
Disappointed in this book. Basic point is that there's a lot of consolidation in distribution channels/producing that we don't really see (E.g. Wal-Mart) and that aren't good. But it's repetitive -- and seems to misuse the term/concept "monopoly".
May 05, 2013 Alanmoorenz rated it it was amazing
Depressing....but eye opening
Apr 25, 2016 Laura rated it liked it
Satya Tagat
Satya Tagat marked it as to-read
Apr 18, 2016
Will A
Will A is currently reading it
Apr 17, 2016
Derek Pilecki
Derek Pilecki rated it it was amazing
Mar 27, 2016
Ariana Gomez
Ariana Gomez marked it as to-read
Mar 14, 2016
Anika Milian
Anika Milian rated it really liked it
Mar 11, 2016
Mahmoud Homsi
Mahmoud Homsi marked it as to-read
Feb 29, 2016
Armando rated it liked it
Apr 10, 2016
Carrie Niemi
Carrie Niemi marked it as to-read
Feb 16, 2016
Scott Kaltenbaugh
Scott Kaltenbaugh rated it really liked it
Feb 12, 2016
Mark Knuth
Mark Knuth marked it as to-read
Feb 07, 2016
Steve marked it as to-read
Jan 30, 2016
Kristjan rated it liked it
Feb 04, 2016
John rated it really liked it
Jan 20, 2016
« previous 1 3 4 5 6 7 8 9 next »
There are no discussion topics on this book yet. Be the first to start one »
  • Unequal Democracy: The Political Economy of the New Gilded Age
  • Pinched: How the Great Recession Has Narrowed Our Futures and What We Can Do About It
  • The Great American Stickup: How Reagan Republicans and Clinton Democrats Enriched Wall Street While Mugging Main Street
  • The Big Con: The True Story of How Washington Got Hoodwinked and Hijacked by Crackpot Economics
  • The Shadow Elite: The New Agents of Power and Influence Who Are Undermining Government, Free Enterprise, and Democracy
  • The Divine Right of Capital: Dethroning the Corporate Aristocracy
  • The Financial Crisis Inquiry Report: Final Report of the National Commission on the Causes of the Financial and Economic Crisis in the United States
  • The Retail Revolution: How Wal-Mart Created a Brave New World of Business
  • Dangerous Company: The Consulting Powerhouses and the Businesses They Save and Ruin
  • The Bankers' New Clothes - What's Wrong with Banking and What to Do about It
  • Wealth and Democracy: A Political History of the American Rich
  • When Corporations Rule the World
  • Free Lunch: How the Wealthiest Americans Enrich Themselves at Government Expense (and StickYou with the Bill)
  • Big Lies: The Right-Wing Propaganda Machine and How It Distorts the Truth
  • Seven Bad Ideas: How Mainstream Economists Have Damaged America and the World
  • Die Broke: A Radical Four-Part Financial Plan
  • Culture and Prosperity: The Truth About Markets - Why Some Nations Are Rich but Most Remain Poor
  • To Serve God and Wal-Mart: The Making of Christian Free Enterprise

Share This Book