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How Amazon Keeps Workers Pay Low

Multiple commentators on economic inequality, including the philanthropist Nick Hanauer and the journalists Noah Smith and Edward Hadas, have suggested that Parker Brothers, the board game company that created Monopoly in 1936, ought to create a new game called Monopsony. I agree.Monopsony is slightly different from monopoly, though the two usually go hand in hand. Monopoly is the dominance of a market by a single seller. Monopsony is the dominance of a market by a single buyer, especially of la

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