EPISODE · Apr 12, 2025 · 24 MIN
The Future of Corporate Power: Prof. Jerry Davis on Reshaping Capitalism in the 21st Century
from Business Talk · host Business Talk
Prof. Jerry Davis, the Gilbert and Ruth Whitaker Professor of Business Administration and Professor of Sociology at the University of Michigan, shares key insights from his compelling book, "Taming Corporate Power in the 21st Century." There is broad consensus across the political spectrum in the United States that monopolistic corporations particularly Big Tech have amassed excessive power, prompting calls to revive antitrust measures and confront the "curse of bigness." However, both the prevailing diagnosis and the proposed remedies are based on an outdated framework of how the American economy functions. Information and communication technologies have fundamentally transformed the markets for capital, labor, supply chains, and distribution disrupting the foundational categories we use to make sense of the economy. Terms like nationality, industry, firm, size, and even employee are increasingly disconnected from the realities of modern business operations. To truly grasp and address the new centers of economic power, we must move beyond legacy assumptions. What we need is not just renewed regulation, but an entirely new diagnosis alongside a fresh set of tools to meet the challenges of the 21st-century economy. About Guest: Dr. Gerald F. Davis, a PhD graduate from Stanford, is a renowned scholar who has taught at Northwestern and Columbia Universities. A fellow of several prestigious academic societies, he has served as Editor-in-Chief of Administrative Science Quarterly and co-founded Responsible Research in Business and Management. Author of six books and numerous articles, Dr. Davis has mentored over 85 PhD dissertations. His research spans corporate governance, inequality, platform capitalism, and the evolving role of AI in reshaping organizations for a more democratic and humane future. This podcast is brought to you by Global Management Consultancy. For more information, please visit www.globalmanagementconsultancy.com. Disclaimer: A. The background music used in this video is the property of its respective developer and is protected by Copyright. Although it is a free version, Business Talk, Global Management Consultancy and Deepak Bhatt do not hold the rights to this music. B. Prof. Jerry Davis generously shared profound insights from his book, "Taming Corporate Power in the 21st Century," during his appearance on the Business Talk podcast channel. The uploaded video contains copyrighted material; therefore, any modifications to graphics, music, or the presence of the author or host are strictly prohibited. All content is © 2025. All rights reserved.
What this episode covers
Prof. Jerry Davis, the Gilbert and Ruth Whitaker Professor of Business Administration and Professor of Sociology at the University of Michigan, shares key insights from his compelling book, "Taming Corporate Power in the 21st Century." There is broad consensus across the political spectrum in the United States that monopolistic corporations particularly Big Tech have amassed excessive power, prompting calls to revive antitrust measures and confront the "curse of bigness." However, both the prevailing diagnosis and the proposed remedies are based on an outdated framework of how the American economy functions. Information and communication technologies have fundamentally transformed the markets for capital, labor, supply chains, and distribution disrupting the foundational categories we use to make sense of the economy. Terms like nationality, industry, firm, size, and even employee are increasingly disconnected from the realities of modern business operations. To truly grasp and address the new centers of economic power, we must move beyond legacy assumptions. What we need is not just renewed regulation, but an entirely new diagnosis alongside a fresh set of tools to meet the challenges of the 21st-century economy. About Guest: Dr. Gerald F. Davis, a PhD graduate from Stanford, is a renowned scholar who has taught at Northwestern and Columbia Universities. A fellow of several prestigious academic societies, he has served as Editor-in-Chief of Administrative Science Quarterly and co-founded Responsible Research in Business and Management. Author of six books and numerous articles, Dr. Davis has mentored over 85 PhD dissertations. His research spans corporate governance, inequality, platform capitalism, and the evolving role of AI in reshaping organizations for a more democratic and humane future. This podcast is brought to you by Global Management Consultancy. For more information, please visit www.globalmanagementconsultancy.com. Disclaimer: A. The background music used in this video is the property of its respective developer and is protected by Copyright. Although it is a free version, Business Talk, Global Management Consultancy and Deepak Bhatt do not hold the rights to this music. B. Prof. Jerry Davis generously shared profound insights from his book, "Taming Corporate Power in the 21st Century," during his appearance on the Business Talk podcast channel. The uploaded video contains copyrighted material; therefore, any modifications to graphics, music, or the presence of the author or host are strictly prohibited. All content is © 2025. All rights reserved.
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The Future of Corporate Power: Prof. Jerry Davis on Reshaping Capitalism in the 21st Century
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