Corporate-Capitalism

Corporate capitalism is a term used in social science and economics to describe a capitalist marketplace characterized by the dominance of hierarchical, bureaucratic corporations, which are legally required to pursue profit.

Corporate capitalism, which is controlled for the most part by typically by Megacorporations. Each Megacorporation is made up of thousands of smaller companies, ranging from industrial companies to law firms. Although this gives the Megacorporations seemingly dictatorial powers, they are just as bound by national customs and laws as the individual, and the fierce, continual competition between the corporations ensures a healthy, consumer-based social environment, which benefits everyone. In addition if a company is found guilty of unethical business dealings, it is quickly removed from the market, and before long another one appears to take its place as corruption and immoral market practices are not tolerated by the general public and the liberalized market makes for quick replacements of corporations that are failures.