2 Pages
Unlock Document

Political Science
Political Science 2102A/B

Dobbin • Many corporations do not operate as good citizens o Ex. Pinto • Corporations that undermine profitability by behaving as good corporate citizens  shareholders demand change in management Money for nothing • Majority of currency traded is speculative • Focus on getting short term corporate profits can be traced to the power of financial markets • More profit can be found trading/selling speculative currency than actually investing in goods/services • More volatile currency means greater potential for profit • International bond market can yield large profits on small fluctuations in bond prices New Class of Investor • Speculative market has created a new type of investor • Corporations are always racing to make profits/as quickly as corporations that are in the speculative market • Mutual funds/pension funds are the most influential force in today’s market • money speculators have a large amount of money/power  able to take public policy hostage and shape them to meet their own wants o governments heavily affected • since all financial markets are linked  all country’s interest rates are effected by speculators influence • global economy must be stable to be successful  speculative markets based on instability Vultures that targe
More Less

Related notes for Political Science 2102A/B

Log In


Join OneClass

Access over 10 million pages of study
documents for 1.3 million courses.

Sign up

Join to view


By registering, I agree to the Terms and Privacy Policies
Already have an account?
Just a few more details

So we can recommend you notes for your school.

Reset Password

Please enter below the email address you registered with and we will send you a link to reset your password.

Add your courses

Get notes from the top students in your class.