Economic Update: The Capitalist Corporation

Partner Content Provided By:Economic Update with Richard Wolff
October 22, 2019

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.

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.


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