In "The Great Reversal," celebrated economist Thomas Philippon embarks on a revelatory journey to uncover the roots of America's economic malaise. Through meticulous research and engaging storytelling, Philippon challenges the prevailing narrative that capitalism's flaws or the unstoppable forces of globalization are to blame for the widening gap between the wealthy and the working class. Instead, he shines a light on the dark corners of corporate power, revealing how the aggressive lobbying and political maneuvers of the largest firms have stifed competition, stifling innovation, wages, and growth along the way. From outrageously expensive cell-phone plans to the stifling of start-up innovation, Philippon lays bare the consequences of a market manipulated to benefit the few at the expense of the many. Drawing surprising parallels between the United States and Europe, "The Great Reversal" presents a compelling case that America's once vibrant market is succumbing to a concentration of power that hampers its foundational principle of competition. With Europe unexpectedly leading the way in maintaining a healthier competitive landscape, Philippon calls for a resurgence of antitrust regulation and government intervention to dismantle monopolistic practices. This book is not just an exploration of economic theory but a clarion call for action to reclaim the dynamism of the American economy through the revitalization of its markets. It's a crucial read for anyone concerned with the future of American capitalism and the restoration of fair play in the global economy.