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FIND POSTS BY CATEGORY The Beginning of the Modern Global Economy:  The Economic Rise of England Before the Industrial Revolution The Beginning of the Industrial Revolution in England and America The theme of the following five sections of the blog is that innovation and information, not price competition, are the main factors for understanding economic growth, competition, market structure and analysis. Basic Concepts and Theory Corporate Strategies And Management Market Behavior and Structure Market Dynamics and Information:  How Markets Work Economic Theory and Markets There is beginning a historic change in future populations and their demographics. This will interact with other variables and have a serious, maybe profound, effect on future economic growth. Demographics, Population Projections and Economics American History American Economic History Politics of the United States The Roman Republic and America - Differences and Some Possible Parallels China India Niger...

OVERVIEW: In the future, what will be the relationship between central governments of nation-states and large private companies including multinational corporations (MNCs)? Private companies mean privately-owned, including public companies with widespread ownership and secondary markets for the company stock. Like with the English East India Company (EIC) in the past, there are new questions about the relationships between the multinational company and the home country, and between the multinational company and foreign countries. T o what extent do economic organizations and political institutions overlap or are mutually dependent? To what extent are corporations, especially multinational corporations (MNCs), assuming political functions because of the failures of nation-states? INTRODUCTION The following comments are speculative. This is a possible scenario, not a forecast. It depends on assumptions about the future political organization of the world and the future possible power of ...