The Corporate Power

Americans are increasingly aware that corporations aren’t working the way they should. Roosevelt Senior Economist Lenore Palladino explains: “Today’s corporations have retained their privileges and lost their public purpose. Corporate power should not [surpass] people power.” In a truly competitive economy, rules incentivize corporate behavior that promotes shared prosperity, including investments in better products, higher

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Voters across the political spectrum are calling for an explanation of why the American economy and our democracy are working for so few.  On April 10, join Roosevelt Institute and friends for an invite-only discussion. The Roosevelt Institute will share bold new work that answers key questions in today’s public debates and offers an economic

Corporate profits are at record highs and unemployment is below 5 percent, yet 40 percent of Americans say that they would not be able to meet a $400 emergency. For too long we’ve been guided by the 50-year-old myth that fewer regulations and lower taxes on corporations and the wealthy will lead to economic growth

Companies today are not working the way that most Americans, policymakers, or the media think that they do. To fight inequality, we need to rewrite the laws that guide corporations. We must first, however, change the way that people understand the role of the American firm in our economy and explore how we can deploy

Roosevelt Research Associate Adil Abdela and Fellow Marshall Steinbaum submitted a public comment to the Federal Trade Commission (FTC), arguing against the preliminary approval of the Staples-Essendant merger. For more information on anticompetitive business practices see Powerless. For more information on a new standard for antitrust, see The Effective Competition Standard.

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The pharmaceutical industry isn’t working for most people in the US. Over 80 percent of Americans across the political spectrum believe that lowering drug costs should be a “top priority” for lawmakers and believe that prescription drug costs are “unreasonable.” This growing scrutiny presents an opportunity to question the ways that drug corporations run business, as

For nearly half of a century, America’s public corporations have been driven by a shareholder primacy approach to corporate governance, increasingly prioritizing shareholder payments over other, more productive uses of corporate resources. Over the same period, employee bargaining power has decreased and wages for nonexecutive workers have remained flat across sectors. In Ending Shareholder Primacy in Corporate Governance,

FOR IMMEDIATE RELEASE: February 14, 2019 CONTACT: Ariela Weinberger, aweinberger@rooseveltinstitute.org   Roosevelt Senior Economist Explores Corporate Prosperity and the Decline of Employee Bargaining Power Research finds that the rise of shareholder primacy has contributed to America’s high-profit, low-wage economy   NEW YORK, NY – Today, the Roosevelt Institute, a New York-based think tank that promotes

The United States has a labor monopsony problem. Though legal tools are already in place to combat monopsony, they have only been used against the most obvious forms of anticompetitive conduct like no-poaching agreements. More generally, there has been virtually no enforcement against abuses of monopsony power in labor markets. In a Roosevelt Institute working

In partnership with the Economic Policy Institute, Roosevelt Research Associate Adil Abdela and Research Director and Fellow Marshall Steinbaum examine the impact of the proposed Sprint/T-Mobile merger on the labor market. Cutting the number of national players in the U.S. wireless industry from four to three, this move would escalate market power in the industry