Rex Nutting: America’s most successful companies are killing the economy

Dominant U.S. companies have delivered amazing benefits to consumers and shareholders, but their success has also damaged our economy.

The problem with winner-take-all capitalism is that the winners take it all and leave a mess for the rest of us to deal with.

These companies have developed fantastic brands and wonderful products and services, but the downside to the proliferation of superstar companies is equally real: They are destroying local economies, driving down workers’ wages, shackling growth, depressing entrepreneurship and increasing the inequality that’s ripping our country apart.

And for all the talk about disruptive technologies, it’s getting worse.

Census Bureau statistics show that about three-fourths of U.S.

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