Contributor(s): Professor Thomas Philippon, Dr Angelo Martelli | In his new book, which he will talk about at this event, Thomas Philippon argues that many key problems of the American economy are due not to the flaws of capitalism or the inevitabilities of globalisation but to the concentration of corporate power. By lobbying against competition, the biggest firms drive profits higher while depressing wages and limiting opportunities for investment, innovation, and growth. How is COVID-19 affecting these patterns? Thomas Philippon (@ThomasPHI2) is the Max L. Heine Professor of Finance at the Stern School of Business at New York University. His new book is The Great Reversal: How America Gave Up on Free Markets. You can order the book (UK delivery only) from our official LSE Events independent book shop, Pages of Hackney. Angelo Martelli (@angelo_martelli) is Assistant Professor in European and International Political Economy in the European Institute at LSE. Piroska Nagy Mohacsi (@Nag
