The Power Shift From Public to Corporate

{
  "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"
  ]
}

In The Media

The Power Shift From Public to Corporate

The balance between governments and corporations has been shifting over the last few hundred years in favor of corporate power and the international community may need to strengthen global institutions to fix the balance.

By David Rothkopf

Published on Mar 7, 2012

Source: CBS This Morning

Speaking on CBS This Morning, Carnegie's David Rothkopf explained that over the last several hundred years, corporations have gained more power and influence relative to sovereign governments. The financial crisis serves as a perfect example, he said; before, during, and after the crisis, corporations set the terms of the government's policy. While governments do occasionally strike back, Rothkopf argued that a balance needs to be found. One potential solution is giving institutions of international governance more teeth.

About the Author

David Rothkopf

Former Visiting Scholar

David Rothkopf was a visiting scholar at the Carnegie Endowment as well as the former CEO and editor in chief of the FP Group.

Recent Work

In The Media
How Bush, Obama, and Trump Ended Pax Americana
- David Rothkopf
In The Media
A Bigger Clubhouse
- David Rothkopf

Economy 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 Europe

Commentary
Strategic Europe
Europe on Iran: Gone with the Wind
Europe’s reaction to the war in Iran has been disunited and meek, a far cry from its previously leading role in diplomacy with Tehran. To avoid being condemned to the sidelines while escalation continues, Brussels needs to stand up for international law.
Pierre Vimont
Commentary
Strategic Europe
How Europe Can Survive the AI Labor Transition
Integrating AI into the workplace will increase job insecurity, fundamentally reshaping labor markets. To anticipate and manage this transition, the EU must build public trust, provide training infrastructures, and establish social protections.
Amanda Coakley
Commentary
Strategic Europe
Taking the Pulse: Can the EU Attract Foreign Investment and Reduce Dependencies?
EU member states clash over how to boost the union’s competitiveness: Some want to favor European industries in public procurement, while others worry this could deter foreign investment. So, can the EU simultaneously attract global capital and reduce dependencies?
Rym Momtaz, ed.
Article
What Can the EU Do About Trump 2.0?
Europe’s policy of subservience to the Trump administration has failed. For Washington to take the EU seriously, its leaders now need to combine engagement with robust pushback.
Stefan Lehne
Commentary
Strategic Europe
Europe Falls Behind in the South Caucasus Connectivity Race
The EU lacks leadership and strategic planning in the South Caucasus, while the United States is leading the charge. To secure its geopolitical interests, Brussels must invest in new connectivity for the region.
Zaur Shiriyev

More Work from Carnegie Europe

Commentary

Strategic Europe

Europe on Iran: Gone with the Wind

Europe’s reaction to the war in Iran has been disunited and meek, a far cry from its previously leading role in diplomacy with Tehran. To avoid being condemned to the sidelines while escalation continues, Brussels needs to stand up for international law.

Pierre Vimont

Commentary

Strategic Europe

How Europe Can Survive the AI Labor Transition

Integrating AI into the workplace will increase job insecurity, fundamentally reshaping labor markets. To anticipate and manage this transition, the EU must build public trust, provide training infrastructures, and establish social protections.

Amanda Coakley

Commentary

Strategic Europe

Taking the Pulse: Can the EU Attract Foreign Investment and Reduce Dependencies?

EU member states clash over how to boost the union’s competitiveness: Some want to favor European industries in public procurement, while others worry this could deter foreign investment. So, can the EU simultaneously attract global capital and reduce dependencies?

Rym Momtaz, ed.

Article

What Can the EU Do About Trump 2.0?

Europe’s policy of subservience to the Trump administration has failed. For Washington to take the EU seriously, its leaders now need to combine engagement with robust pushback.

Stefan Lehne

Commentary

Strategic Europe

Europe Falls Behind in the South Caucasus Connectivity Race

The EU lacks leadership and strategic planning in the South Caucasus, while the United States is leading the charge. To secure its geopolitical interests, Brussels must invest in new connectivity for the region.

Zaur Shiriyev