The Impact of Corporations on Contemporary Democracy
the international and political journal
Abstract
In recent years, major technology companies such as (Amazon, Blackstone Group, Exxon Mobil, Glencore, Meta, Tesla, and Vanguard Group) have become formidable economic and political forces with significant influence over the structure of American democracy. These companies do not only provide digital services, but also manage algorithms that control the flow of information that shapes public opinion and play a prominent role in political lobbying. This digital influence raises many questions about the ability of traditional democratic institutions to regulate these entities and limit their influence. In response, legislative efforts have emerged from left-wing circles aimed at regulating the work of these companies by pushing for antitrust laws and developing legislation that protects privacy and increases transparency.
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