Presented By: Interdisciplinary Committee on Organizational Studies - ICOS
Taming corporate power in the 21st century
Jerry Davis, UM Ross
There is broad consensus in the US that monopolistic corporations have grown too powerful and that we need to revive antitrust to take on the “curse of bigness.” But information and communication technologies have fundamentally altered the operations of our economy in ways that undermine the basic categories we use to understand it. Nationality, industry, firm, size, employee, and other fundamental terms are increasingly perplexing. If we want to understand and tame the new sources of economic power, we need a new diagnosis and a new set of tools.