In this episode, we dive into the world of corporate giants—massive companies that dominate global markets and shape the economy. These companies, such as Apple, Amazon, and ExxonMobil, hold immense power over industries, societies, and governments. The episode explains how they grew through consolidation, mergers, and eliminating competition, creating monopolies or oligopolies that harm consumers by raising prices and reducing choices.
We also explore the influence of lobbying and political connections, where corporations use their wealth to shape government policies in their favor, often at the expense of the public. Additionally, the episode discusses how multinational companies exploit global supply chains, taking advantage of cheap labor and weak regulations in developing countries, while avoiding taxes through offshore havens.
The episode reveals the far-reaching impact of these corporate giants on the economy, workers, and consumers, setting the stage for future discussions on how to address these systemic imbalances.