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Food supply chain, specifically the meatpacking and meat processing business. what is his point about that? >> his point is that when you only have a few players in the business, there isn't real competition. and for capitalism to work you have to have competition. for far too long, my entire lifetime, we have had too much consolidation in the meat industry. and the statistics bear it out. 82 or 84% of the meat and beef is controlled by four companies. that's not competition. that is not how capitalism is supposed to work. and so, look, the one guy brought up teddy roosevelt. president rooseve...

Every day worrying about his farm and the rest of family farms from america. senator, thank you very much for joining us. really appreciate it. >> it's great to be here, lawrence. i really appreciate the topic. thank you. >> i want to go to the point the president was making at the beginning about capitalism without competition is exploitation. he was talking there about the food supply chain specifically, the meat packing, meat processing business. what is his point about that? >> his point is that whether you only have a few players in the business, there isn't real competition. and for capi...