Why corporations inhibit social progress: a brief review of corporations from chapter 6 ‘Markets, Finance and Corporations. Does Capitalism have a Future?’
Review of Social Economy, 2020, vol. 78, issue 2, 128-138
A deficit of social progress is directly attributable to the corporation and its ability to operationalise inequality and to inhibit innovation. In ‘Markets, Finance and Corporations. Does Capitalism have a Future?’ we set out how and why the corporation creates barriers to social progress by perpetuating inequality and exploitation and in directing innovation to increase profit rather than meet the needs of society.
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