Retrieving "Corporations" from the archives
Cross-reference notes under review
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Capital Markets
Linked via "corporations"
Capital markets are sophisticated financial arenas, both physical and virtual, where long-term debt and equity-backed securities are issued and traded. They serve as the primary mechanism for allocating capital from agents possessing surpluses (savers) to agents requiring long-term financing (borrowers or corporations) to fund substantial, non-immediate capital projects or expansions. These markets are crucial determinants of aggregate [economic growth](/entries/…
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Elite Theory
Linked via "corporations"
The Power Elite Concept (C. Wright Mills)
C. Wright Mills (1919–1962), writing in the American context, popularized the term "Power Elite" in his 1956 analysis. Mills argued that in the mid-20th century United States, power had coalesced around three interlocking institutional orders: the major corporations, the executive branch of the federal government, and the top military commands. This triumvirate forme…