Power, Inc.: The Epic Rivalry Between Big Business and Government

{
  "authors": [
    "David Rothkopf"
  ],
  "type": "legacyinthemedia",
  "centerAffiliationAll": "",
  "centers": [
    "Carnegie Endowment for International Peace"
  ],
  "collections": [],
  "englishNewsletterAll": "",
  "nonEnglishNewsletterAll": "",
  "primaryCenter": "Carnegie Endowment for International Peace",
  "programAffiliation": "",
  "programs": [],
  "projects": [],
  "regions": [
    "North America",
    "United States"
  ],
  "topics": [
    "Economy",
    "Trade"
  ]
}

In The Media

Power, Inc.: The Epic Rivalry Between Big Business and Government

The balance between governments and corporations has been shifting over the last few hundred years in favor of corporate power. If Washington wishes to fix this balance, it may need to reform its elections and regulations.

By David Rothkopf

Published on Mar 28, 2012

Source: Daily Ticker

Speaking on The Daily Ticker, Carnegie's David Rothkopf explained that over the last several hundred years, corporations have gained more power and influence relative to sovereign governments. Some relatively small companies now have more financial power—and political influence—than most countries around the world. He argued that the biggest challenge of our time is making sure that the pendulum swings back towards government power through campaign finance reform and smart regulations.

Economy Trade North America United States

Carnegie does not take institutional positions on public policy issues; the views represented herein are those of the author(s) and do not necessarily reflect the views of Carnegie, its staff, or its trustees.

More Work from Carnegie China

Commentary
When It Comes to Superpower Geopolitics, Malaysia Is Staunchly Nonpartisan
For Malaysia, the conjunction that works is “and” not “or” when it comes to the United States and China.
Elina Noor
Commentary
Today’s Rare Earths Conflict Echoes the 1973 Oil Crisis — But It’s Not the Same
Regulation, not embargo, allows Beijing to shape how other countries and firms adapt to its terms.
Alvin Camba
Commentary
How China’s Growth Model Determines Its Climate Performance
Rather than climate ambitions, compatibility with investment and exports is why China supports both green and high-emission technologies.
Mathias Larsen
Commentary
What’s New about Involution?
“Involution” is a new word for an old problem, and without a very different set of policies to rein it in, it is a problem that is likely to persist.
Michael Pettis
Commentary
The Chinese Investment Riddle: What Cities Reveal
While China's investment story seems contradictory from the outside, the real answers to Beijing's high-quality growth ambitions are hiding in plain sight across the nation's cities.
Yuhan Zhang

More Work from Carnegie China

Commentary

When It Comes to Superpower Geopolitics, Malaysia Is Staunchly Nonpartisan

For Malaysia, the conjunction that works is “and” not “or” when it comes to the United States and China.

Elina Noor

Commentary

Today’s Rare Earths Conflict Echoes the 1973 Oil Crisis — But It’s Not the Same

Regulation, not embargo, allows Beijing to shape how other countries and firms adapt to its terms.

Alvin Camba

Commentary

How China’s Growth Model Determines Its Climate Performance

Rather than climate ambitions, compatibility with investment and exports is why China supports both green and high-emission technologies.

Mathias Larsen

Commentary

What’s New about Involution?

“Involution” is a new word for an old problem, and without a very different set of policies to rein it in, it is a problem that is likely to persist.

Michael Pettis

Commentary

The Chinese Investment Riddle: What Cities Reveal

While China's investment story seems contradictory from the outside, the real answers to Beijing's high-quality growth ambitions are hiding in plain sight across the nation's cities.

Yuhan Zhang