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Daron Acemoğlu: Concentration of power doesn’t just threaten democracy. It fuels corruption

July 07,2026 17:19

Concentration of power doesn’t just threaten democracy. It fuels corruption. That’s the thread Nobel laureate Daron Acemoğlu – member of TI’s International Council – drew in a recent conversation with us.

In his own words, the seven largest US corporations are now bigger than any organisation that humans have constructed in the past; larger even than the British Empire.

Firms that were never elected and never entrusted with that power can now shape public decisions directly. Acemoğlu calls concentration of power the question of our time. So do we and that’s why we’re fighting it.

Transparency International

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