When Corporations Rule the World

In The New Realities (1989), Peter Drucker issued the early warning that the advent of the transnational company heralded a structural change in the world economy. Now Korten sounds loud the alarm. He blames the corporate quest for short-term financial gain for creating a “market tyranny that is extending its reach across the planet like a cancer, colonizing ever more of the planet’s living spaces, destroying livelihoods, displacing people, rendering democratic institutions impotent, and feeding on life.”

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