Throughout history, corporations have been the core institution of American Capitalism, driving economic growth and innovation and playing a pivotal role in shaping societal change. This has become more prevalent with technological and digital advancements, as mega corporations with access to detailed data on employee performance, market rates, and industry benchmarks exploit this information to their advantage, repeatedly at the expense of the workforce. Here is how they did it:

​

• Wage suppression,

​

•  Exploiting worker productivity,

​

•  Limiting employees' career advancement,

​

•  Limiting employees' autonomy.

In addition, they created privileged information via sociopolitical and economic institutions to dominate the market and restrain competition by:

• Having their lobbyists influencing political parties,

​

• Creating market power, monopoly, and monopsony,

​

• Pricing power against smaller businesses,

​

• Economic inequality, and 

​

• Discouraging innovation.

 

Given the imbalance created by the top 1 percent, we at the Edified Capitalist Institute were prompted to develop an innovative, forward- thinking, collaborative, and autonomous business structure specifically designed for all American small businesses and the educated and skilled workforce to become a formidable competitive force against corporate dominance, as covered in

​

  “Edified Capitalists Unravel Flaws of Capitalism.”