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The New SEC Proxy Rules Will Redefine American Capitalism: Let’s Debate Them
A new SEC proposal regarding proxy advisors will make it harder for shareholders to vote against CEOs' preferences. However, there is a 60-day period...
The SEC's Proposal on Proxy Advisor Regulation Shields CEOs From Accountability to Investors
SEC Commissioner Robert Jackson dissented from his SEC colleagues' proposal on how to reform proxy advisors regulation. New rules, he argues, would introduce a...
Monopolization in the Name of Privacy: Google Is Slowly But Steadily Closing Its Advertising Ecosystem
In attempting to address legitimate privacy concerns, Google could be trying to monopolize surveillance.
As Big Tech’s leviathan wraps its tentacles around online markets,...
How Economic Concentration and Crony Capitalism Led to the Chaos in Chile
The signals of unrest in Chile mounted for years amid corruption scandals, rising inequality, and new monopolies. The fare increase on public transport that...
The Lousy Job Economy: Young People Bear the Brunt of a Long-Term Decline in American Job Quality
A new study finds a steady decline in the quality of American jobs between 1979 to 2017, even as GDP has grown. This decline...
“Avoiding Plutocracy Would Require a Political Change”: Branko Milanovic on the Future of Capitalism
In an interview with ProMarket, CUNY Graduate Center economist Branko Milanovic discussed the differences and similarities between US-style and China-style capitalism and explained why,...
How a Simple Tweak to a Federal Form Could Help Borrowers Potentially Avoid Defaulting on Student Loans
A federal program seeks to help borrowers avoid defaulting on their student loans through income-based repayment plans, but many eligible borrowers do not enroll....
With the US and China, Two Types of Capitalism Are Competing With Each Other
Capitalism’s global victory has been achieved through two different types of capitalist systems: the liberal meritocratic capitalism that has developed incrementally in the West,...
The Cost of America’s Oligopoly Problem
An innovative new study finds substantial, increasing deadweight losses resulting from oligopolistic behavior and points to the important role that startup acquisitions—particularly by large...
The Business Roundtable CEOs’ Statement: Same Old, Same Old
Despite the media hype about corporate CEOs having abandoned their shareholder value maximization credo, the recent statement from the Business Roundtable contains nothing new...
