SOC 203 Chapter Notes -Major Force
15 Feb 2014
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Chapter 1: how has corporate concentration changed in canada in the last thirty years, according to wallace clements, economic control in canada became even more concentrated than the previous years in which porter had concluded. Porter said that around 200 corporations comprised of 1000 individuals dominated much of canada"s economic power structure. Wallace said that only 113 powerful companies ruled the economic structure over the past 30 years, therefore becoming more concentrated. So we can see by this trend that as capitalism intensifies, corporate concentration increases and a small group of individuals with high power who are interconnected are at the centre of canada"s ownership structure. In the past there has been a high degree of economic centralization and level of ownership concentration had increased in mid 80"s from 70"s. There has been change in the structure of corporate ownership. Family corporations experience a loss of some of their corporate holdings of some reduction in their overall influence.
