Why corporations inhibit social progress: a brief review of corporations from chapter 6 ‘markets, finance and corporations. Does capitalism have a future?

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Abstract

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.
Original languageEnglish
Pages (from-to)128-138
Number of pages11
JournalReview of Social Economy
Volume78
Issue number2
DOIs
Publication statusPublished - 16 Mar 2020

Keywords

  • Social progress
  • capitalism
  • corporations

ASJC Scopus subject areas

  • Economics and Econometrics

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