These Diagrams Of MEGA Corperations Illustrate How Large

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Term Paper Title	These Diagrams Of MEGA Corperations Illustrate How Large
# of Words	872
# of Pages (250 words per page double spaced)	3.49

     These diagrams of MEGA corperations illustrate how large
conglomerates have increased the size of their companies to put
more money into fewer hands and increase the wealth of a few, thus ,
increasing the margin of earnings unequally.  General Electric
appears to have their investments in enough diverse “baskets” that
even if during a time of depression, where the entertainment market
goes down and people are not spending their money frivolously,
they will continue to profit because some of their investments are
basic needs.  Disney , on the other hand, seems to have alot of
investments in entertainment, what would be the fate of them if there
were another depression and Americans weren’t spending  as much
pleasure money?  Time Warner also has many vertical investments.
     All four conglomerates have a good portion of the media.
It seems that this is the way they increase their money, through
advertising.  Almost a form a brainwashing , if you will.  They can
control what is show to the public to suit their individual financial
needs.  An example of this would be to advertise on their networks ,
products that are they have investments in.  Therefore, their news
portion would target people that would buy their products.  An
example would be for NBC, which is owned by General Electric, to
have a special on The Today Show that would interest, say, 30-50
year old females, such as a special on women’s health issues.  Then
advertise GE products that would target this population.
     It is interesting how Westinghouse has investments in
Nuclear Power Plants Design and maintenance but also controls the
hazardous and radioactive waste.  Therefore monitoring their own
waste.
     Disney has a considerable investment in entertainment.
This is profitable as long as economy is good.  But what happens if we
have another depression or war, where will Disney be then?  America
will not want to spend their earnings on entertainment when things
are tough.  It just seems Disney could do really well or go down quick.
     This diagram also illustrates how big mega-companies
keep growing and can eventually take over the world.  Healthy
capitalism turned into communism and corruption, without thought to
the effects on society.  People climbing over one another to get to
the top.  What will happen to all the “mom-and-pop” businesses,
how can they compete in this growing world of conglomerates?
     It has become a runaway market, with people’s lives
being destroyed on the way up.  M...

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