Editors’ Briefing: This Week in Political Economy (June 30–July 7)

Scott Pruitt resigns from the EPA; a new report finds that digital platforms are not fully complying with the EU’s new privacy rules; Google, meanwhile, has a new privacy scandal; a month after its acquisition of Time Warner was approved, AT&T is already raising prices for its streaming TV customers; and former Treasury Secretary Timothy Geithner’s new career draws criticism.  

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The Foundation of Corporate Personhood: A Look at the Charles River Bridge Case of 1837

Some 130 years before Friedman could begin arguing that a corporation’s sole responsibility was to make a profit for its shareholders, Boston’s Charles River Bridge Company had to convince the Supreme Court that corporations were private entities whose interests could diverge from the public interest. While it lost that case, the partial success of the Charles River Bridge Company’s reasoning with the court laid the foundations for corporate personhood as it exists today.  

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