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Chomsky contends that corporations transfer policy decisions out of the hands of the people and into corporate boardrooms, where public oversight is limited. The extensive financial resources of corporations and the extent to which they're employed to influence political campaigns in the United States has also been implicated as a way in which ...
Corporatocracy [a] or corpocracy is an economic, political and judicial system controlled or influenced by business corporations or corporate interests. [ 1 ] The concept has been used in explanations of bank bailouts , excessive pay for CEOs , and the exploitation of national treasuries, people, and natural resources . [ 2 ]
"A monopoly granted either to an individual or to a trading company has the same effect as a secret in trade or manufactures. The monopolists, by keeping the market constantly under-stocked, by never fully supplying the effectual demand, sell their commodities much above the natural price, and raise their emoluments, whether they consist in ...
The article delved deeply into Amazon's anti-competitive strategies, which consisted chiefly in undercutting competitors' prices and consequently taking losses; the company's expectation that this ...
Jirat Teparaksa/Shutterstock.com. 6. De Beers. De Beers is one of the most controversial companies among the biggest monopolies of all time, which is saying something.
The principle originated during the Ancien Régime, with increasing criticism of the guilds and corporations that restricted economic activities. Anne Robert Jacques Turgot, as Controller-General of Finances, championed this principle in his preamble to the 1774 royal decree on grain trade, asserting that "the freer the trade, the more quickly and abundantly the people are supplied."
Corporatism is a political system of interest representation and policymaking whereby corporate groups, such as agricultural, labour, military, business, scientific, or guild associations, come together and negotiate contracts or policy (collective bargaining) on the basis of their common interests.
Lenin sees the monopolies' oligarchical powers as a symptom of a transitional era and a "moribund" capitalism. Lenin thus argues that advanced capitalist nation-states and cartels exploit both their own citizens and the resources and people of other countries, creating a parasitic relationship that allows cartels to profit and expand.