The companyâs search for a second headquarters shows that American big business is too big and too powerful.
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Thursday, November 15, 2018
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[David Leonhardt]
David Leonhardt
Op-Ed Columnist
Big business has become [too big and]( powerful](. It has the power to hold down wages and overly influence government policy, among other problems.
For now, our corporate giants face few real threats to their size and power. But I am hopeful that the politics of big business is starting to change. On both the political left and right, you can see growing concern about this issue.
The [latest episode of âThe Argumentâ]( podcast takes on the problem of corporate gigantism, tied to Amazonâs search for a second headquarters. Youâll hear that Ross Douthat, Michelle Goldberg and I all found that search to be unseemly. As Ross says, the whole process has helped radicalize him on this issue.
For more on Amazon, read [Shira Ovide]( in Bloomberg Opinion, [Derek Thompson]( in The Atlantic or [Jim Swift]( in The Weekly Standard.
A lack of diversity. Regular readers know that socioeconomic diversity on college campuses is [an obsession]( [of mine](. A lot of colleges, public and private, like to think of their campuses as highly diverse. And they are diverse racially, religiously and geographically. But many of them [remain dominated]( by affluent students.
One twist on this problem is the embarrassingly small number of military veterans at many top colleges. âVeterans,â says Catharine Bond Hill, the former president of [Vassar]( who now runs Ithaka S+R, a research group, âare underrepresented at the set of schools with the highest graduation rates and the most resources.â Some top colleges enroll fewer than five veterans a year. My colleague Frank Bruni listed some of the miserable numbers [in a 2016 column](.
But now there are at least some small signs of progress. I attended [a conference]( at Arlington National Cemetery yesterday where several colleges promised to increase veteran enrollment.
Cornell, which now has about 40 veterans among its undergraduates, plans to raise that number to 100 by 2020, for example. Indiana University, the University of Michigan and Muhlenberg College in Pennsylvania also said they would increase their numbers. And the College Board announced it would make it easier for colleges to identify veterans with solid standardized-test scores.
Right now, many colleges arenât even trying to recruit veterans. Among the colleges that recruit on military bases, âYou donât see Cornell. You donât see the University of Maryland,â Piragash Swargaloganathan, a Navy veteran and recent Cornell graduate, told me at the conference. âItâs mostly online schools and for-profit schools.â (And many online and for-profit colleges have [terrible records](
The good news is that the veterans who do enroll in strong four-year colleges tend to do very well. They have higher grades and graduation rates than average. Recruiting more veterans to these colleges, as Hill says, will help the veterans, the colleges and ultimately the country.
Outrage culture. âIt seems like every not-so-carefully-worded public misstep must be punished to the fullest extent, replete with soapbox lectures and demands for apologies,â [Dan Crenshaw]( a Republican congressman-elect, writes in The Washington Post. âAnyone who doesnât show the expected level of outrage will be labeled a coward or an apologist for bad behavior.â
âOperation Infektion.â If you havenât watched the new Times documentary on disinformation, I encourage you to check it out. [All three episodes are available here.]( The final one has the broadest theme. As Adam Ellick, the executive producer, says, âWe show how todayâs Western governments are ill-equipped to combat this kind of warfare, and how governments, social media platforms and societies themselves need urgent reform and regulation before itâs really too late.â
The full Opinion report follows.
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