New Brandeis movement
American academic and political movement
New Brandeis movement
The New Brandeis movement (also known as the neo-Brandeis movement) is an ongoing antitrust academic and political movement in the United States which argues that excessively centralized private power is dangerous for economical, political and social reasons. The movement advocates that United States antitrust law return to a broader concern with private power and its negative effects on market competition, income inequality, consumer rights, unemployment, and wage growth. The movement draws inspiration from the anti-monopolist work of Louis Brandeis, an early 20th century United States Supreme Court Justice who called high economic concentration “the Curse of Bigness” and believed monopolies were inherently harmful to the welfare of workers and business innovation. The New Brandeis movement opposes the school of thought in modern antitrust law that antitrust should center on customer welfare (as generally advocated by the Chicago school of economics). Instead, the New Brandeis movement...
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