We learned about oligopoly in Ch 10. A special case of oligopoly is a market with only two major producers - a duopoly. Increasingly our political system (and even that of some EU countries) is described as a duopoly. Scan the articles and
1. Summarize how a political oligopoly is similar in structure, behavior and outcomes to a market oligopoly. Be sure to make clear (cited) references to the articles.
2. Does the comparison seem justified to you? Do you think it is a problem, or not? Why?
3. What could possibly be done to improve the situation?
The Results of Political Oligopoly (very brief w/ an interesting quote from John Adams)
https://whigblog.blogspot.com/2008/07/results-of-political-oligopoly.html
Ending the Presidential Debate Duopoly
https://www.govexec.com/oversight/on-politics/2015/05/ending-presidential-debate-duopoly/112249/
Political Oligopolies - Brit view
https://interactivedemocracy.blogspot.com/2012/05/political-oligopolies.html
Extra...with a disturbing photo....
Death of the Duopoly
https://online.wsj.com/article/SB10001424052702303848104576385922449922958.html