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[Music] thank you [Music] Welcome Friends to another edition of economic update a weekly program devoted to the economic dimensions of our lives and those of our children Im your host Richard Wolff todays program is going to be devoted to large U.S corporations what they are why theyre there what their impact is its a topic many of you have asked me to address on many occasions and instead of doing it a little here and a little there which has been my Approach so far I thought Id take Todays Show and offer it as an analysis not only of what Mega corporations are and do in our society but what can be done about it how can it be challenged and contested and changed so lets Jump Right In Mega corporations and by that I simply mean the one two three large corporations that dominate so many different Industries in the United States typically use their economic power strength and size to buy political and cultural influence and power they do that by buying mass media being the great