Money talks: Fear the corporation
Money Talks from The Economist
The Economist
4.4 • 1.2K Ratings
🗓️ 13 September 2016
⏱️ 17 minutes
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| 0:00.0 | Attention at all passengers. You can now book your train tickets on Uber and get 10% back in Uber credits to spend on your next train journey. |
| 0:11.0 | So no excuses not to visit your in-laws this Christmas. |
| 0:16.4 | Trains now on Uber. T's and C's apply check the Uber app. Hello, I'm Andrew Palmer, Business Affairs Editor, and this is Money Talks. |
| 0:28.9 | This week we'll be examining the potential and pitfalls of an economy based around corporate giants? |
| 0:34.1 | I think that we have at the moment a maligned combination of stagnation and disruption. |
| 0:40.0 | The problem with Africa's cities... |
| 0:41.6 | An awful lot of the infrastructure is built, an awful lot of the infrastructure |
| 0:42.9 | and it is built and an awful lot of change |
| 0:44.5 | that does come probably benefits |
| 0:46.6 | to the relatively well-off, |
| 0:47.9 | you know the upper middle class of middle class. |
| 0:50.0 | And Venezuela's multinational nightmare. |
| 0:52.4 | If you leave, A, you're giving up the market, |
| 0:55.0 | and B, the assets that you do have there |
| 0:57.1 | will probably be seized by the government, |
| 0:59.0 | as was the case with Clorox. |
| 1:07.4 | So first, we're heading into a world of corporate superstars, the handful of massive firms which dominate the global economy. A special report coming up in |
| 1:11.1 | this week's newspaper dives into why big companies just keep getting bigger and changing the world in the process. |
| 1:17.0 | It's author, our management editor and Schumpeter columnist Adrian Waldridge joins me now. |
| 1:22.0 | Adrian hello? |
| 1:23.0 | Hello. |
| 1:24.0 | So Adrian, in the report you coined the phrase corporate superstars. |
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