The Pathology of Corporate Power

Jeffrey Bone ()
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Jeffrey Bone: Haub School of Business, Saint Joseph’s University

Chapter Chapter 17 in Philosophy and Business Ethics, 2022, pp 435-453 from Springer

Abstract: Abstract The capitalist corporation is a potent apparatus of wealth generation, a nexus of data, and both a funder and facilitator of political maneuvering. In particular, the major digital platforms of Facebook, Amazon, Apple, and Google are uniquely set apart from other businesses. The global span and prodigious growth of these companies have dwarfed the ability of political institutions to hold them to account. They are suave political agents capable of shaping government regulation. What are we to make of the power that these companies wield in modern society? This chapter examines what may bring about a revolution against a dystopian corporatocracy. In doing so, a hypothetical scenario is raised in which the chief executive officer and controlling shareholder of Facebook, Mark Zuckerberg is elected President of the United States. The scenario envisions a grand theater of corporate power. It is a provocative jumping-off point for exploring the philosophical nature of corporate hegemony and its potential demise.

Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-030-97106-9_17

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DOI: 10.1007/978-3-030-97106-9_17

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