Reformist critics comprise the majority of contemporary critics of American business. To a considerable extent, their demand is not for new or strict… - Neil H. Jacoby

It is widely believed that big business firms collectively own the preponderance of America’s wealth and are steadily expanding their share. The facts show the contrary. Corporate business owns about 28 percent of the tangible wealth of the United States, and its share has not changed much during the past fifty years. The bulk of the nation’s tangible wealth is held by the household and government sectors of the economy and is not employed in profit-seeking enterprise, corporate or noncorporate. …If the character of a society were to be designated by its major wealth-holding institution, the United States could more appropriately be described as a ‘household state’ than a ‘corporate state’.

Political payments by multinational companies in foreign nations have long been a pervasive practice; but a cultural taboo against discussion of the subject, combined with a lack of public information, has created a vacuum in public understanding.

During the recent nineteen-year period from 1950 to 1969, corporate profits, both before and after taxes, formed a shrinking proportion of the national income.