Global corporate power is 'out of control', but reports of democracy’s death are greatly exaggerated

By Carl Rhodes, Professor of Organization Studies, University of Technology Sydney

The past 40 years have seen massive expansion of the dominance of large corporations in the global economy. A wave of neoliberal reforms spread internationally from the 1980s with the promise that deregulated markets would unleash the animal spirits of private enterprise, bringing a new era of growth and prosperity.

Corporations were touted as the heroes of the neoliberal dream, casting off the shackles of staid state bureaucracy as they leapt forward into a future where there was no alternative to unfettered global capitalism.

So what happened?

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~	‘Peace be with all of you’: how Pope Leo XIV embodies a living dialogue between tradition and modernity

~	Google is rolling out its Gemini AI chatbot to kids under 13. It’s a risky move

~	What is grounding and could it improve my sleep? Here’s the science behind this TikTok trend

~	Feminist reformer Beatrice Faust was a sexual libertarian who did her homework, kept her cool and criticised ‘wimp feminism’

~	What’s the difference between probiotics and prebiotics? A dietitian explains

~	Pope Leo XIV: Why the College of Cardinals chose the Chicago native and Augustinian to lead the church after Francis

~	View from The Hill: two ministers and the Nationals discover the limits of loyalty in politics

~	What will the Antichrist look like? According to Western thought, an authoritarian king – or the pope

~	Labor has promised to tackle homelessness. Here’s what homeless people say they need

~	Hidden connections of more than 100 migratory marine species revealed in interactive map