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Power, Inc. : the epic rivalry between big business and government-- and the reckoning that lies ahead / David Rothkopf.

by Rothkopf, David J. (David Jochanan), 1955-

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Business and politics.

Industrial policy.

Capitalism -- Political aspects.

9780374151287 (pbk.)

9780670069293 (hc.)

436 p. ; 24 cm.

Includes bibliographical references and index.

"Only about thirty countries possess the powers usually associated with sovereign nations. The rest can’t actually defend their borders, govern their finances independently, or meet the basic needs of their people. In this provocative and persuasive new book, David Rothkopf calls these others semistates and argues that they’re much less powerful than hundreds of corporate supercitizens. A multitude of facts demonstrates the reach of the modern corporation. Walmart has revenues greater than the GDP of all but twenty-five nations. The world’s largest asset manager, BlackRock, controls $3.3 trillion, almost as much as the currency reserves held by China and Japan combined. Striking a balance between public and private power has become the defining challenge for all societies. In Power, Inc., Rothkopf argues that the decline of the state is irreversible. The way forward is to harness corporate resources in the service of individual nations to forge a radically new relationship between the individual and the institutions that govern our lives."--Provided by publisher.

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