Capture of politics by business
The State of the Union Conference, 2019, Parallel session D2
GURIEV, Sergei, ZINGALES, Luigi, Capture of politics by business, The State of the Union Conference, 2019, Parallel session D2 - http://hdl.handle.net/1814/67166
Retrieved from Cadmus, EUI Research Repository
In several countries, we have observed the growth of companies with an economic power that is becoming larger than those of many nations. Such economic power has frequently been transformed into political power, in turn generating more revenue for these firms. This phenomenon has been labelled by Luigi Zingales as the “…Medici vicious circle: where money is used to get political power and political power is used to make money”. This session will discuss whether market forces should be free to guide these processes, or whether they are dangerous and should be controlled. And in the latter case, how?
This contribution was delivered on the occasion of the EUI State of the Union in Florence on 02 May 2019
Cadmus permanent link: http://hdl.handle.net/1814/67166
External link: https://youtu.be/nSL1ktxKlbg
Series/Number: The State of the Union Conference; 2019; Parallel session D2
Publisher: European University Institute
Files associated with this item
There are no files associated with this item.