Using a real example of a corporation or group of corporations, discuss how the proliferation of surveillance capitalism and technology-enabled decision making has weakened corporate accountability and resulted in poorer outcomes for civil society, whilst enriching a few.
Please consider including a discussion of
• what is meant by the term surveillance capitalism
• the importance of corporate accountability and how it helps manage corporate power
• how financialisation may privilege particular groups in society and increase corporate power to the detriment of others
• concerns that might arise when returns to financiers or small groups of
sophisticated or wealthy investors vastly exceed returns to the real economy.
Explain how financialisation may privilege particular groups in society and increase corporate power to the detriment of others
