One effect of this large-scale deregulation and massive privatization, Schiller said, was the increasing ineffectualness of national authority. In fact, the biggest change, aside from changes in...

One effect of this large-scale deregulation and massive privatization, Schiller said, was the increasing ineffectualness of national authority. In fact, the biggest change, aside from changes in technology, has happened in the area of ownership convergence and industry control.