All of that said, the US model of capitalism will never, and can never feature the levels of government intervention and economic guidance experienced in Europe after the fall of the nobility. In Europe, even after the nobility's fall, and even after the various "equalizing" anti monarchical revolutions of the late 18th and early 19th centuries, the bourgeoisie were largely uninterested in investing in corporations and therefore the nation states had to fill the void. Our model grew up very differently, and at this point, it is essentially the general public who "run" corporations. The government is a bystander with little but a rare police role, ala Enron and Digital Crossing. So, if anyone wants to bemoan "corporate power" in the USA, we have met the enemy and he is us. In order to improve corporate behavior, it is the thinking of sharholders that must be targetted. Now, as for the matter of non US shareholders, that is a very interesting converation. Are we too lenient in terms of allowing overseas investment in our securities markets? When does foreign ownership of securities become a threat to national security?
"sharholders" S/B shareholders & "converation" S/B conversation.
Never? Do you know the future? Nothing is for ever.