Economic Update: Are Mega-Corporations Ruining Our World?

**Stay connected. Sign up to receive email updates from Democracy at Work! Visit us at https://www.democracyatwork.info/sign_up [S13 E09] Are Mega-Corporations Ruining Our World? In this week's show, Prof. Wolff presents a critique of monopoly and oligopoly; past efforts and success in popular control over mega-corporations - in US and abroad; the fight back by mega-corporations to nullify reforms and regulations. Finally, some real solutions to the social problem and costs of an economy dominated by mega-corporations. Timestamps 00:00 - 01:11 - Introduction 01:12 - 04:30 - Monopolies 04:31 - 05:08 - Oligopolies 05:09 - 07:15 - Unfair competition 07:16 - 08:54 - Vertical integration 08:55 - 10:01 - 19th 20th century responses to monopoly power 10:02 - 10:22 - Sherman Antitrust Act 10:23 - 11:00 - Clayton Antitrust act 11:01 - 11:27 - Govt breaks up AT&T 11:28 - 13:29 - SBA formation 13:30 - 13:59 - Regulatory Capture 14:00 - 15:21 - Announcements 15:22 - 18:21 - Utility and Insurance Commissions 18:22 - 20:07 - Small business response in France 20:08 - 21:10 - Germany's response 50% seats on Board by workers 21:11 - 29:46 - Solutions/Alternatives Economic Update with Richard D. Wolff is a ‪@democracyatwrk‬ production. We make it a point to provide the show free of ads. Please consider supporting our work. Join our Patreon community:   / democracyatwork   and help us spread Prof. Wolff's message to a larger audience. Every donation counts! A special thank you to our devoted donor community whose contributions make this show possible each week. ****************************************************************************************** SUBSCRIBE: EU Podcast | Apple Podcasts | Google Podcasts | Spotify | iHeartRADIO SUPPORT: Join our Patreon community at   / democracyatwork   or donate on our website at https://www.democracyatwork.info/donate Follow us ONLINE: Facebook:   / economicupdate     / richarddwolff     / democracyatwrk   Twitter:   / profwolff     / democracyatwrk   Instagram:   / democracyatwrk   DailyMotion: https://www.dailymotion.com/democracy... Shop our CO-OP made MERCH: https://democracy-at-work-shop.myshop... Want to help us translate and transcribe our videos? Learn about joining our translation team: https://www.democracyatwork.info/geti... ****************************************************************************************** Check out the 2021 Hardcover edition of “Understanding Marxism,” with a new, lengthy introduction by Richard Wolff is now available at: https://www.lulu.com/ “Marxism always was the critical shadow of capitalism. Their interactions changed them both. Now Marxism is once again stepping into the light as capitalism shakes from its own excesses and confronts decline.” Check out all of d@w’s books: "The Sickness is the System," "Understanding Socialism," by Richard D. Wolff, and “Stuck Nation” by Bob Hennelly https://www.democracyatwork.info/books