The Antitrust Theory of Everything
“I helped set in motion a revolution that aims to rebuild something like a true liberal democracy in America,” Barry C. Lynn wrote two years ago in Harper’s. The claim is notable less for being impossibly grandiose than for being more or less correct. Lynn is the intellectual godfather of what is now known as the neo-Brandeisian movement, which identifies corporate consolidation as the singular, villainous force behind everything that has gone wrong in the United States. “It is vital to understand,” Lynn wrote in his 2020 book, Liberty from All Masters, “that monopoly is not one of many economics problems but rather the political economic problem of our time,” causing “just about every ill in our society today.” When he says that he holds corporate consolidation responsible for just about every problem, he means it. A list of social ills Lynn has attributed to monopolists includes not just the cost of goods and services but also: “The vast and growing inequality of wealth, political power, and control. The rise of the radical right. The …







