What does the high degree of effective control of the world

Assignment Help Business Economics

Reference no: EM1354352

"Three hundred of the largest global corporations hold about 25% of the world's productive assets, while in the U.S., revenues of the top 500 corporations equal about 60% of the annual GDP. Some would call this concentrated control of production and commerce by large corporations almost democratic, compared to present-day concentration of personal wealth. The net worth of the top 1% of individual Americans now equals the net worth of the bottom 95%. Does the high degree of effective control of the world economy by 'the corporate tribe,' along with the extreme concentration of personal wealth in the United States in the hands of the same individuals who control the largest corporations, mean that the Sherman Anti-Trust Act and the Clayton Act have been failures? The answer only needs to be 120 words or less."

Reference no: EM1354352

Questions Cloud

Explain organizational theory and developing public relation : Show how organizational theory can be applied to developing public relation messages and how you can apply organizational theory to a particular PR campaign proposal.

Illustrate how the outcome would differ : Illustrate how the outcome would differ if all 15.3 percent were imposed on the employee or if all 15.3 percent were imposed on the employer."

Explain social security administration to charge women : Explain a new administrative regulation allowed the social security administration to charge women for social security cards yet enabled men to obtain the cards for free

Organizational communication and decision outcomes : Organizational Communication and Decision Outcomes - Prepare a scenario based on your personal experience where communication problems affected decision outcomes. Identify the communication problem areas that affected the decision making process.

What does the high degree of effective control of the world : What does the high degree of effective control of the world economy by 'the corporate tribe,' along with the extreme concentration of personal wealth in the United States in the hands of the same individuals.

Install backbone to connect four base-t ethernet lans : You have been hired by a small company to install backbone to connect four 100base-T Ethernet LANs (each using one 24-port hub) and to give a connection to Internet. Develop simple backbone and determine total cost.

Show stakeholders and organizational goals : Show stakeholders and Organizational Goals - Find the key stakeholders and their roles needed to achieve the organizational goals, and recommend

Find the investment to reduce risk : The owner a pro football team plans to diversify by purchasing shares in either a company that owns a pro basketball team or a pharmaceutical corporation.

Reliability percentages for backup systems : What would be the reliability of the bank system below if each of the three components had a backup with a reliability of .80?

User Account

All Pages