When scandals fail to produce reform

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.

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