In your module 6 textbook chapters, you've learned about the nature and goals of 'the Megacorp' and 'technostructures', relatively recent institutions (since the last 100-150 years or so) which have largely replaced the competitive market with various governing rules through which long-term planning can be accomplished. For this week's discussion find a particular instance, from a new site such as the Financial Times or CNBC, in which businesses have actively shaped the 'rules of the game' (that is, the market and corporate governance structures that make up the environment in which they operate). Then share your findings in a post discussing the following:

1. The particular connections you see between your example and the module 6 textbook chapters. (For instance, does the business activity you discuss involve a particular arrow in the M-C...P...C'-M' diagram?)
2. Whether your example can either be understood with the concepts and models of the neoclassical theories you've learned earlier in the term, or requires a distinct approach, as in the heterodox ideas you've learned this week and last.

Note : ( Module 6 summary ) :

1. Form and test hypotheses concerning firms and prices from standard neoclassical theory
2. Recognize alternative approaches to pricing
3. Use standard pricing procedures to calculate full-cost and target-rate-of-return prices
4. Differentiate between the neoclassical and heterodox approaches to costs, prices, competition, and so on in modern capitalism