The People’s Corporations
Private companies wield more power than ever before; people who have not been popularly elected control more and more of our daily lives, from entertainment and energy supplies to schools and postal services. But people have grown more powerful, too, and now have the means to ensure that companies’ behavior does not go unchecked.
LONDON – Two big power shifts are occurring around the world today. First, corporate power is growing relative to that of governments. Second, ordinary people are also gaining greater influence. What does it mean that these seemingly contradictory shifts are happening simultaneously?