As with social media, the incentives around AI are aligned for rent extraction, where large companies, acting as intermediaries, amass profits at others’ expense. Governments urgently need to step in to ensure that the technology is being designed and brought to market in ways that will serve the common good. Read More Here
Chinese leader following through on vows made to US investors to level corporate playing fields and juice private sector-led growth. Read More Here
For all the excitement about corporate “stakeholders” and “purpose-driven” firms, the new mode of capitalism is simply a repackaging of the old. Successful companies will continue to focus on the value of their shares over the long term, while avoiding the risks of wading into areas where they don’t belong. Read Here | Project Syndicate
No reliable data exist to measure how widespread corruption is, which prevents systematic action against bad actors, including major corporations that routinely pay bribes in exchange for contracts, concessions, and other favorable treatment. Given the urgency of the problem, it is notable that governments, universities, and think tanks have not dedicated more resources to doing […]
We know the modern corporation may be multinational. But is it possible for a person to be truly a part of multiple cultures, with favoritism for none? The strange case of Carlos Ghosn—which spans the globe from Paris to Tokyo to Nashville to Lebanon and back again—reveals that the limits may be more rigid than previously […]
It’s become commonplace for corporate lobbyists to write bills passed in state legislatures. The influence of corporate lobbyists in the U.S. Congress may be more subtle, but the combined power of lobbyists, many of them former politicians, is a major driver of the influence of corporate power in American government today. Read Here – JStor […]
As the consensus in D.C. shifts toward taking on an increasingly aggressive China, ideas about how corporations relate to the state will also have to change—or else undermine their new stated national framework. Read Here – Foreign Policy
President Donald Trump is now at full-scale war over trade policy with some of the Republican Party’s staunchest allies in big business, including executives at iconic American brands such as General Motors and Harley-Davidson who previously shied away from criticising an often irascible president. Read Here – Politico Also Read: Trump’s Psychopathology Is Getting Worse
In the wake of Trump’s election, signs of a grassroots activism in the tech industry have been everywhere: management-endorsed Googleplex protests; tech workers participating in their first political marches; executives from Tesla, Intel, and IBM leaving the president’s advisory councils. There’s also a growing realization that the most effective form of resistance is winning state […]
For all the power wielded today by the world’s largest corporations – whether ExxonMobil, Walmart or Google – they are tame beasts compared with the ravaging territorial appetites of the militarised East India Company. Yet if history shows anything, it is that in the intimate dance between the power of the state and that of […]
looking beyond borders 