From Capitalism to Corporatism: The Rise of Monopolies

This chapter examines the evolution from 19th-century capitalism to the rise of corporatism, emphasizing the consolidation of power among a few influential corporations. It discusses the economic strategies of horizontal and vertical integration and the ethical implications of monopolistic practices, including labor suppression and price-fixing. Through historical examples and early criticisms, the chapter reflects on how past corporate behaviors resonate in today's marketplace discussions.