By Luis Suarez-Villa
Addresses the ability of oligopolistic businesses in modern society.
the biggest, wealthiest companies have won unheard of strength and impression in modern existence. From cradle to grave the choices made through those entities have an huge, immense effect on how we are living and paintings, what we consume, our actual and mental health and wellbeing, what we all know or think, whom we decide, and the way we deal with each other and with the flora and fauna round us. while, executive turns out ever extra subservient to the facility of those oligopolies, supplying a number of varieties of company welfare—tax breaks, subsidies, promises, and bailouts—while neglecting the main simple wishes of the inhabitants. In Corporate energy, Oligopolies, and the quandary of the State, Luis Suarez-Villa employs a multidisciplinary viewpoint to supply exceptional documentation of a growing to be obstacle of governance, marked by way of an important move of hazard from the non-public region to the kingdom, skyrocketing debt, nice inequality and fiscal lack of confidence, in addition to an alignment of the pursuits of politicians and a brand new, minuscule yet immensely prosperous and influential company elite. due to this dysfunctional setting, Suarez-Villa argues, stagnation and a vanishing public belief have develop into the hallmarks of our time.
“Suarez-Villa … has played a superb carrier with this readable, analytical, and well-researched booklet … this can be a must-order booklet for libraries … hugely recommended.” — CHOICE
“This booklet makes a considerable contribution to the literature, quite to the sphere of political financial system. it's exact and masses wanted for a way it attracts hyperlinks among a large and assorted diversity of social, fiscal, and political phenomena via a refined and robust theoretical research. Luis Suarez-Villa manages to paint the large photo whereas touching upon precise advancements in several fields—not not like the nice political economists of the 19th century.” — Joel Bakan, writer of The company: The Pathological Pursuit of revenue and Power
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Additional resources for Corporate Power, Oligopolies, and the Crisis of the State
Brody Mullins and Danny Yadron, “Government Jobs, Outside Income,” Wall Street Journal, June 22, 2011, A1. â•‡ The two largest corporations in this sector are AT&T and Verizon (as of January 2011). See Foster and McChesney, “Internet’s Unholy Marriage,” 7; Crawford, Captive Audience. 108 Such charges—and the tacit price fixing that often occurs among oligopolists—will most likely increase the power of the few corporations that control Internet access, while deepening the digital divide as households unable to afford the tolls and higher prices curtail their usage, or are forced to drop it altogether.
Agreeing to that condition can save significant amounts of money to a generics manufacturer in litigation costs, particularly when the amount of revenue to be generated by its product is uncertain or low—due, for example, to its lower projected price, insufficient marketing clout, limited production capacity, or to the likely entry of other manufacturers with a similar product. In many cases, agreeing to a delay can also help prevent other lawsuits from the same pharmaceutical oligopolist, if the generics manufacturer plans to launch production of other medications with expiring patent protection.
Before deregulation, AT&T had exercised considerable influence over its regulators through political lobbying, since its profitability depended greatly on their decisions. After deregulation, AT&T and the other regional companies continued their lobbying efforts—and were joined by the new companies that emerged in this sector—to ensure that mergers and acquisitions would continue unobstructed. â•‡ See ibid. â•‡ See, for example, Alan Stone, Wrong Number: The Breakup of AT&T (New York: Basic, 1989); Richard H.
Corporate Power, Oligopolies, and the Crisis of the State by Luis Suarez-Villa