1. An Incredible Concentration of Power and Wealth
2. Doing More with Less: More Revenues and Fewer Employees
3. Stifling Competition: The Winner-Take-All Capitalism
4. Eroding the State Sovereignty and Diluting the Nationhood
5. The Rise of Emerging Markets’ Multinationals
An Incredible Concentration of Power and Wealth
For a long time throughout the history, the church and the state have been the political and economic centers of decision making [1]. With the advent of modern capitalism in the 18th century, the corporations gradually outshined the church and the state. For a while, the ability of corporations to grow was restrained by the limits of capital accumulation, geographic location, and legal and cultural ...
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