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The Rise of Corporations - Global Issues

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Saved by 5 people (1 private), first by anonymouse user on 2006-10-27


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Today we know that corporations, for good or bad, are major influences on our lives.

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of the 100 largest economies in the world, 51 are corporations while only 49 are countries, based on a comparison of corporate sales and country GDPs

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private financial resources being used for public purposes

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expand colonial and imperial interests

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There is of course, the common concern about the drive for profit as the end goal sometimes contradicting the social good

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engines of positive change

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when they become excessively large, and concentrated in terms of ownership of an industry and in wealth, they can also be engines for negative change,

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invisible hand

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Thom Hartmann, a writer and reporter

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corporations alone have moved into the category with humans as claiming rights instead of just privileges.

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It now lobbies government to buy its products and use them in wars around the world.

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Today we know that corporations, for good or bad, are major influences on our lives. For example, of the 100 largest economies in the world, 51 are corporations while only 49 are countries, based on a comparison of corporate sales and country GDPs (See the facts page for more examples). In this era of globalization, marginalized people are becoming especially angry at the motives of multinational corporations, and corporate-led globalization is being met with increasing protest and resistance. How did corporations ever get such power in the first place?

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