Corporate capitalism
This article needs additional citations for verification. (December 2023) |
Part of a series on |
Capitalism |
---|
In
Overview
In the
Corporations are usually called public entities or publicly traded entities when parts of their business can be bought in the form of shares on the stock market. This is done as a way of raising capital to finance the investments of the corporation. The shareholders appoint the executives of the corporation, who are the ones running the corporation via a hierarchical chain of power, where the bulk of investor decisions are made at the top and have effects on those beneath them.
Criticisms
Corporate capitalism has been criticized for the amount of power and influence corporations and large business
Dwight D. Eisenhower criticized the notion of the confluence of corporate power and de facto fascism,[2] but nevertheless brought attention to the "conjunction of an immense military establishment and a large arms industry"[3] in his 1961 Farewell Address to the Nation, and stressed "the need to maintain balance in and among national programs—balance between the private and the public economy, balance between cost and hoped for advantage".[3]
See also
References
- ^ Bakan, Joel (writer). "The Corporation (2003)" (documentary).
- ^ Ira Chernus (1997). "Eisenhower's Ideology in World War II". Armed Forces & Society. 23(4): 595–613.
- ^ a b "Military-Industrial Complex Speech, Dwight D. Eisenhower, 1961". coursesa.matrix.msu.edu. Archived from the original on August 12, 2013. Retrieved September 3, 2015.
External links
- Vitali, Stefania; Glattfelder, James B.; Battiston, Stefano (October 26, 2011). Montoya, Alejandro Raul Hernandez (ed.). "The Network of Global Corporate Control". PLOS ONE. 6 (10). Public Library of Science (PLoS): e25995. PMID 22046252.
- "Revealed – the capitalist network that runs the world". New Scientist. Retrieved August 17, 2017.