Global corporate power is 'out of control', but reports of democracy’s death are greatly exaggerated
- Written by Carl Rhodes, Professor of Organization Studies, University of Technology Sydney
The past 40 years have seen massive expansion of the dominance of large corporations in the global economy. A wave of neoliberal reforms spread internationally from the 1980s with the promise that deregulated markets would unleash the animal spirits of private enterprise, bringing a new era of growth and prosperity.
Corporations were touted as the...
