The corporate sector plays a vital role in shaping public policy in areas such as investment, employment, environmental degradation and public health. But those who own and control the modern business corporation bear no political responsibility for the public consequences of their collective behavior. Conservatives insist that the first responsibility of the corporation is to make a profit for its shareholders. Progressives enlist state power to force managers to share control with other corporate stakeholders. Conservatives laud corporate efficiency while progressives point to corporate power. Neither approach can endow corporate governance with the legitimate constitutional authority of a little republic. This book is designed as a timely intervention into current debates about the republic and the economy, one which opens up new issues by exploring the connection between the two, thereby setting these debates on a common path. According to the conventional wisdom, there is no connection between republicanism and the economy. But republicanism does not begin and end with the abolition of the British monarchy. Republican ideas can challenge the dictatorship of the economic in corporate governance. The author warns that democracy must be weakened by policies of privatization and deregulation enhancing the power of business corporations to rethinking global production act as private governments on a planetary scale. This book proposes a republican solution to the problem left unsolved by democracy and the markets. Responsibility for corporate control should be vested in a new political class of shareholders. A self-selecting aristocracy of shareholders will constitute a modern senatorial elite with the authority to balance the otherwise irresponsible power of corporate managers.