In the developed world, corporations dominate the marketplace, comprising 50%[citation needed] or more of all businesses.
[citation needed] Corporations are usually called public entities or publicly traded entities when parts of their business can be bought in the form of shares on the stock market.
Corporate capitalism has been criticized for the amount of power and influence corporations and large business interest groups have over government policy, including the policies of regulatory agencies and influencing political campaigns.
Many social scientists have criticized corporations for failing to act in the interests of the people, and their existence seems to circumvent the principles of democracy, which assumes equal power relations between individuals in a society.
[1] Dwight D. Eisenhower criticized the notion of the confluence of corporate power and de facto fascism,[2] but nevertheless brought attention to the "conjunction of an immense military establishment and a large arms industry"[3] (the military–industrial complex) in his 1961 Farewell Address to the Nation, and stressed "the need to maintain balance in and among national programs—balance between the private and the public economy, balance between cost and hoped for advantage".