Beloved billionaire Warren Buffet is the face of the monopoly trend that’s making America miserable.

Cory Doctorow:

What kinds of monopolies does Buffett love? Well, if you can’t afford dialysis or if you lost a loved one to opioids, chances are Buffett made a buck. A classic Buffett moat is health/pharma, which are easy to monopolize thanks to the captive audience and/or addiction.

If your town only has one newspaper, that might be Buffet’s doing – and if not, it was the doing of one of his buffettistas, using his playbook to buy one paper and then crush its rivals with anticompetitive tactics.

If you own a mobile home and lost money the instant you bought it and get worse off every year in a trailer park, that’s probably Buffett, who understands that when someone is desperately clinging on at the brink of homelessness, you can really squeeze ‘em.

Mitch Wagner @MitchWagner