On January 27, the New America Foundation hosted a reception with Barry C. Lynn, who discussed his new book Cornered: The New Monopoly Capitalism and The Economics of Destruction. Lynn, Director of the Markets, Enterprise, and Resiliency Initiative at New America, laid out the central thesis of his book: since 1981, the political economy of the United States has undergone a profound but largely-unnoticed monopolization. Contrary to the conventional wisdom that America is the ultimate competitive capitalist society, Lynn argued that the U.S.