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Posted inEconomy and InequalityPolitics and Movements: USReal News Daily ReportsThird Party Content

Economic Update: The Capitalist Corporation

This week on Economic Update, Professor Wolff examines the structure and functioning of the large capitalist corporations dominating modern economies. He discusses their basic economics and influence on politics and criticizes rationales for corporate profits such as “risks” and “entrepreneurship,” and he also explores the parallels between corporate structures and monarchies.