Australia's corporate robber barons - but is capitalism compatible with democracy anyway?

Listen "Australia's corporate robber barons - but is capitalism compatible with democracy anyway?"

Episode Synopsis

Jennifer and Jacques talk about the economy and how it is controlled by sets of very powerful and wealthy monopolies and oligopolies. Examples of the dominance of a few wealthy corporations can be found in a range of sectors e.g. energy retailing (notably gas!), banking, social media, supermarket chains, mobile telecommunications, and internet provision. The presenters ask whether the concentration of economic power and wealth in the hands of a few is inevitable under capitalism - and whether democracy is even compatible with capitalism.

More episodes of the podcast Think Again