Competition is Killing Us
Michelle Meagher

Book cover image

Narrated By: Shaheen Khan

Duration: 6 hours and 54 minutes

What to expect

Brought to you by Penguin.

We live in the age of big companies where rising levels of power are concentrated in the hands of a few. Yet no government or organisation has the power to regulate these titans and hold them to account. We need big companies to share their power and we, the people of the world, need to reclaim it.

In Competition is Killing Us, top business and competition lawyer Michelle Meagher establishes a new framework to control capitalism from the inside in order to make it work for the many and not just the few.

Meagher has spent years campaigning against these multi-billion and trillion dollar mammoths that dominate the market and prioritise shareholder profits over all else; leading to extreme wealth inequality, inhumane conditions for workers and relentless pressure on the environment.

In this revolutionary book, she introduces her wholly-achievable alternative; a fair and comprehensive competition law that limits unfair mergers, enforces accountability and redistributes power through stakeholder governance.

With an afterword by Simon Holmes, Member of the UK 's Competition Appeal Tribunal, Academic Visitor at the Centre for Competition Law and Policy, Oxford University.

© Michelle Meagher 2020 (P) Penguin Audio 2020

Genre

Business strategy, Management decision making, Management: leadership & motivation, Business ethics & social responsibility, Corporate & business tax, Corporate finance, Macroeconomics, Transformation law, change of corporate form, Environmental economics, Economic theory & philosophy

Listen to a sample

A trenchant and thought-provoking analysis of modern capitalism. Far from serving us, it is causing us all harm. What's more, Meagher has a positive agenda for reform that will force big businesses to take responsibility for a system stumbling from crisis to crisis and to start addressing the global problems they have helped cause

Professor Diane Coyle, Bennett Professor of Public Policy, University of Cambridge

A book arguing passionately for genuine stakeholder capitalism might have seemed Utopian before Covid-19, now it is a must-read as Britain debates the world it wants to create post the pandemic. The case Meagher makes could not be more timely or relevant

Will Hutton, author of The State We're In

Eloquent, accessible and massively well-informed... Competition is Killing Us should be required reading for every anti-trust lawyer, every fund manager and every executive board in the land. It does the rest of us a huge service, not only in busting the myths that sustain corporate exceptionalism, but in signposting the path towards a genuine and transformative model of stakeholder governance.

Tim Jackson, Director of the Centre for the Understanding of Sustainable Prosperity at The University of Surrey and author of Prosperity Without Growth

This is a rallying call for change! Michelle adds her voice to the many that are demanding accountability from our global companies and offers a passionately-articulated solution. A fascinating read!