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Mar 14, 2026
Billionaire Backlash
The Age of Corporate Scandal and How it Could Save Democracy
Summary
Giant companies, launch rockets into space, control satellite communication and develop era-defining AI technologies. But they are also seen as promoting misinformation, undermining democracy and violating privacy. Big banks, reeling since the financial crisis of 2008, continue to be racked with major scandals. Drawing on examples such as the VW scandal in Germany, Cambridge Analytica and Samsung the authors of Billionaire Backlash: The Age of Corporate Scandal and How it Could Save Democracy (Bloomsbury, 2026) show that these scandals are opportunities for real political change.
Your Host
Alfred Marcus
As the Edson Spencer Professor at the Carlson School, I’ve spent my career helping students, scholars, and executives understand how companies succeed, why they fail, and how they can rise again. I’ve authored over 20 books and numerous articles in leading journals. My writings span immigrant entrepreneurship, demography, corporate turnarounds, and sustainability among other topics. My latest book explores how firms like Dell and Best Buy reinvented themselves. It is called Comeback: Can Great Firms Rise Again? It is published by the University of Toronto Press and will be available at the end of March.
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