The Age of Surveillance Capitalism: The Fight for a Human Future at the New Frontier of Power Highlight

Thus began the disaggregation and diminishment of the US public firm.31 The public corporation as a social institution was reinterpreted as a costly error, and its long-standing reciprocities with customers and employees were recast as destructive violations of market efficiency. Financial carrots and sticks persuaded executives to dismember and shrink their companies, and the logic of capitalism shifted from the profitable production of goods and services to increasingly exotic forms of financial speculation.