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Purpose

This paper aims to highlight the need for corporations to engage politically to create a more functional capitalist system.

Design/methodology/approach

Selective review of relevant economic and sociopolitical developments is presented in this paper.

Findings

There is a growing movement among economists and commentators to hold corporations accountable for political engagement which they ignore at their peril.

Originality/value

While individual strands of this story have been discussed before, the subject has never been handled from the perspective of corporate reputation in a comprehensive manner.

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