Corporate Power and Ownership in Contemporary Capitalism

Corporate Power and Ownership in Contemporary Capitalism

Author: Susanne Soederberg

Publisher: Routledge

Published: 2009-09-14

Total Pages: 288

ISBN-13: 1135249423

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Despite the influence corporations wield over all aspects of everyday life, there has been a remarkable absence of critical inquiry into the social constitution of this power. In analysing the complex relationship between corporate power and the widespread phenomenon of share ownership, this book seeks to map and define the nature of resistance and domination in contemporary capitalism. Drawing on a Marxist-informed framework, this book reconnects the social constitution of corporate power and changing forms of shareholder activism. In contrast to other texts that deal with corporate governance, this study examines a diverse and comprehensive set of themes, from socially responsible investing to labour-led shareholder activism and its limitations. Through this ambitious and critical study, author Susanne Soederberg demonstrates how the corporate governance doctrine represents an inherent feature of neoliberal rule, effectively disembedding and depoliticising relations of domination and resistance from the wider power and paradoxes of capitalism. Examining corporate governance and shareholder activism in a number of different contexts that include the United States and the global South, this important book will be of interest to students and scholars of international political economy, international relations and development studies. It will also be of relevance to a wider range of disciplines including finance, economics, and business and management studies. Winner of the Davidson/Studies in Political Economy Award.


Book Synopsis Corporate Power and Ownership in Contemporary Capitalism by : Susanne Soederberg

Download or read book Corporate Power and Ownership in Contemporary Capitalism written by Susanne Soederberg and published by Routledge. This book was released on 2009-09-14 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: Despite the influence corporations wield over all aspects of everyday life, there has been a remarkable absence of critical inquiry into the social constitution of this power. In analysing the complex relationship between corporate power and the widespread phenomenon of share ownership, this book seeks to map and define the nature of resistance and domination in contemporary capitalism. Drawing on a Marxist-informed framework, this book reconnects the social constitution of corporate power and changing forms of shareholder activism. In contrast to other texts that deal with corporate governance, this study examines a diverse and comprehensive set of themes, from socially responsible investing to labour-led shareholder activism and its limitations. Through this ambitious and critical study, author Susanne Soederberg demonstrates how the corporate governance doctrine represents an inherent feature of neoliberal rule, effectively disembedding and depoliticising relations of domination and resistance from the wider power and paradoxes of capitalism. Examining corporate governance and shareholder activism in a number of different contexts that include the United States and the global South, this important book will be of interest to students and scholars of international political economy, international relations and development studies. It will also be of relevance to a wider range of disciplines including finance, economics, and business and management studies. Winner of the Davidson/Studies in Political Economy Award.

Corporate Power and Ownership in Contemporary Capitalism

Corporate Power and Ownership in Contemporary Capitalism

Author:

Publisher:

Published: 2010

Total Pages: 195

ISBN-13:

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Download or read book Corporate Power and Ownership in Contemporary Capitalism written by and published by . This book was released on 2010 with total page 195 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Corporate Society

Corporate Society

Author: John McDermott

Publisher: Routledge

Published: 2019-03-06

Total Pages: 311

ISBN-13: 0429718594

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The modem corporation, praised and condemned by thinkers from Weber to Bell and Dahrendorf, is the institution of modern society. Its enormous success has made it our premier social, as well as economic, institution, and modern society is increasingly coming to reflect the social structure, values, priorities, and hierarchies that have evolved within the corporation. So argues John McDermott in Corporate Society, an original and far-reaching analysis of the impact of the modern corporation on contemporary social structure. Combining business history with political insight, McDermott offers a systematic critique of the post-industrial order and the illusions it fosters. He warns against the development of a "post-society industry" in which the corporate order replaces democratic institutions as the primary organizer of social and cultural life, and he argues that the corporation harbors a set of explosive socioeconomic contradictions. The need to confront the challenges of this new order, with its potential for a uniquely modern class conflict, makes Corporate Society a crucial work for teachers and students alike.


Book Synopsis Corporate Society by : John McDermott

Download or read book Corporate Society written by John McDermott and published by Routledge. This book was released on 2019-03-06 with total page 311 pages. Available in PDF, EPUB and Kindle. Book excerpt: The modem corporation, praised and condemned by thinkers from Weber to Bell and Dahrendorf, is the institution of modern society. Its enormous success has made it our premier social, as well as economic, institution, and modern society is increasingly coming to reflect the social structure, values, priorities, and hierarchies that have evolved within the corporation. So argues John McDermott in Corporate Society, an original and far-reaching analysis of the impact of the modern corporation on contemporary social structure. Combining business history with political insight, McDermott offers a systematic critique of the post-industrial order and the illusions it fosters. He warns against the development of a "post-society industry" in which the corporate order replaces democratic institutions as the primary organizer of social and cultural life, and he argues that the corporation harbors a set of explosive socioeconomic contradictions. The need to confront the challenges of this new order, with its potential for a uniquely modern class conflict, makes Corporate Society a crucial work for teachers and students alike.

Corporate Power and Ownership in Contemporary Capitalism

Corporate Power and Ownership in Contemporary Capitalism

Author: Susanne Soederberg

Publisher: Routledge

Published: 2009-09-14

Total Pages: 216

ISBN-13: 1135249431

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This book examines neoliberal corporate power within the context of the American political economy and its relationship to emerging market economies in order to understand the global dimensions of the corporate-financial binary.


Book Synopsis Corporate Power and Ownership in Contemporary Capitalism by : Susanne Soederberg

Download or read book Corporate Power and Ownership in Contemporary Capitalism written by Susanne Soederberg and published by Routledge. This book was released on 2009-09-14 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines neoliberal corporate power within the context of the American political economy and its relationship to emerging market economies in order to understand the global dimensions of the corporate-financial binary.

Capitalism at Work

Capitalism at Work

Author: Robert L. Bradley

Publisher: M & M Scrivener Press

Published: 2014-05-14

Total Pages: 498

ISBN-13: 098020948X

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Read the Intro Chapter (PDF) View the Ayn Rand Appendix View an interview with author Robert L. Bradley, Jr. at Reason.com Capitalism took the blame for Enron although the company was anything but a free-market enterprise, and company architect was hardly a principled capitalist. On the contrary, Enron was a politically dependent company and, in the end, a grotesque outcome of America's mixed economy. That is the central finding of Robert L. Bradley's "Capitalism at Work": The blame for Enron rests squarely with "political capitalism"--a system in which business firms routinely obtain government intervention to further their own interests at the expense of consumers, taxpayers, and competitors. Although Ken Lay professed allegiance to free markets, he was in fact a consumate politician. Only by manipulating the levers of government was he able to transform Enron from a $3 billion natural gas company to a $100 billion chimera, one that went in a matter of months from seventh place on Fortune's 500 list to bankruptcy. But "Capitalism at Work" goes beyond unmasking Enron's sophisticated foray into political capitalism. Employing the timeless insights of Adam Smith, Samuel Smiles, and Ayn Rand, among others, Bradley shows how fashionable anti-capitalist doctrines set the stage for the ultimate business debacle. Those errant theories, like Enron itself, elevated form over substance, ignored legitimate criticism, and bypassed midcourse correction. Political capitali


Book Synopsis Capitalism at Work by : Robert L. Bradley

Download or read book Capitalism at Work written by Robert L. Bradley and published by M & M Scrivener Press. This book was released on 2014-05-14 with total page 498 pages. Available in PDF, EPUB and Kindle. Book excerpt: Read the Intro Chapter (PDF) View the Ayn Rand Appendix View an interview with author Robert L. Bradley, Jr. at Reason.com Capitalism took the blame for Enron although the company was anything but a free-market enterprise, and company architect was hardly a principled capitalist. On the contrary, Enron was a politically dependent company and, in the end, a grotesque outcome of America's mixed economy. That is the central finding of Robert L. Bradley's "Capitalism at Work": The blame for Enron rests squarely with "political capitalism"--a system in which business firms routinely obtain government intervention to further their own interests at the expense of consumers, taxpayers, and competitors. Although Ken Lay professed allegiance to free markets, he was in fact a consumate politician. Only by manipulating the levers of government was he able to transform Enron from a $3 billion natural gas company to a $100 billion chimera, one that went in a matter of months from seventh place on Fortune's 500 list to bankruptcy. But "Capitalism at Work" goes beyond unmasking Enron's sophisticated foray into political capitalism. Employing the timeless insights of Adam Smith, Samuel Smiles, and Ayn Rand, among others, Bradley shows how fashionable anti-capitalist doctrines set the stage for the ultimate business debacle. Those errant theories, like Enron itself, elevated form over substance, ignored legitimate criticism, and bypassed midcourse correction. Political capitali

Organizing the 1%

Organizing the 1%

Author: William K. Carroll

Publisher: Fernwood Publishing

Published: 2018-12-06T00:00:00Z

Total Pages: 175

ISBN-13: 1773630814

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Canada is ruled by an organized minority of the 1%, a class of corporate owners, managers and bankers who amass wealth by controlling the large corporations at the core of the economy. But corporate power also reaches into civil society and politics in many ways that greatly constrain democracy. In Organizing the 1%, William K. Carroll and J.P. Sapinski provide a unique, evidence-based perspective on corporate power in Canada and illustrate the various ways it directs and shapes economic, political and cultural life. A highly accessible introduction to Marxist political economy, Carroll and Sapinski delve into the capitalist economic system at the root of corporate wealth and power and analyze the ways the capitalist class dominates over contemporary Canadian society. The authors illustrate how corporate power perpetuates inequality and injustice. They follow the development of corporate power through Canadian history, from its roots in settler-colonialism and the dispossession of Indigenous peoples from their land, to the concentration of capital into giant corporations in the late nineteenth century. More recently, capitalist globalization and the consolidation of a market-driven neoliberal regime have dramatically enhanced corporate power while exacerbating social and economic inequalities. The result is our current oligarchic order, where power is concentrated in a few corporations that are controlled by the super-wealthy and organized into a cohesive corporate elite. Finally, Carroll and Sapinski offer possibilities for placing corporate power where it actually belongs: in the dustbin of history.


Book Synopsis Organizing the 1% by : William K. Carroll

Download or read book Organizing the 1% written by William K. Carroll and published by Fernwood Publishing. This book was released on 2018-12-06T00:00:00Z with total page 175 pages. Available in PDF, EPUB and Kindle. Book excerpt: Canada is ruled by an organized minority of the 1%, a class of corporate owners, managers and bankers who amass wealth by controlling the large corporations at the core of the economy. But corporate power also reaches into civil society and politics in many ways that greatly constrain democracy. In Organizing the 1%, William K. Carroll and J.P. Sapinski provide a unique, evidence-based perspective on corporate power in Canada and illustrate the various ways it directs and shapes economic, political and cultural life. A highly accessible introduction to Marxist political economy, Carroll and Sapinski delve into the capitalist economic system at the root of corporate wealth and power and analyze the ways the capitalist class dominates over contemporary Canadian society. The authors illustrate how corporate power perpetuates inequality and injustice. They follow the development of corporate power through Canadian history, from its roots in settler-colonialism and the dispossession of Indigenous peoples from their land, to the concentration of capital into giant corporations in the late nineteenth century. More recently, capitalist globalization and the consolidation of a market-driven neoliberal regime have dramatically enhanced corporate power while exacerbating social and economic inequalities. The result is our current oligarchic order, where power is concentrated in a few corporations that are controlled by the super-wealthy and organized into a cohesive corporate elite. Finally, Carroll and Sapinski offer possibilities for placing corporate power where it actually belongs: in the dustbin of history.

Capitalism, Power and Innovation

Capitalism, Power and Innovation

Author: Cecilia Rikap

Publisher: Routledge

Published: 2021-03-29

Total Pages: 279

ISBN-13: 1000368750

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In contemporary global capitalism, the most powerful corporations are innovation or intellectual monopolies. The book’s unique perspective focuses on how private ownership and control of knowledge and data have become a major source of rent and power. The author explains how at the one pole, these corporations concentrate income, property and power in the United States, China, and in a handful of intellectual monopolies, particularly from digital and pharmaceutical industries, while at the other pole developing countries are left further behind. The book includes detailed empirical mappings of how intellectual monopolies develop and transform knowledge from universities and open-source collaborations into intangible assets. The result is a strategy that combines undermining the commons through privatization with harvesting from the same commons. The book ends with provoking reflections to tilt the scale against intellectual monopoly capitalism and arguing that desired changes require democratic mobilization of workers and citizens at large. This book represents one of the first attempts to capture the contours of an emerging new era where old perspectives lead us astray, and the old policy toolbox is hopelessly inadequate. This is true for the idea that the best, or only, way to promote innovation is to transform knowledge into private property. It is also true for anti-trust policies focusing exclusively on consumer prices. The formation of global infrastructures that lead to natural monopolies calls for public rather than private ownership. Scholars and professionals from the social sciences and humanities (in particular economics, sociology, political science, geography, educational science and science and technology studies) will enjoy a clear and all-embracing depiction of innovation dynamics in contemporary capitalism, with a particular focus on asymmetries between actors, regions and topics. In fact, its topical issue broadens the book’s scope to those curious about how innovation networks shape our world.


Book Synopsis Capitalism, Power and Innovation by : Cecilia Rikap

Download or read book Capitalism, Power and Innovation written by Cecilia Rikap and published by Routledge. This book was released on 2021-03-29 with total page 279 pages. Available in PDF, EPUB and Kindle. Book excerpt: In contemporary global capitalism, the most powerful corporations are innovation or intellectual monopolies. The book’s unique perspective focuses on how private ownership and control of knowledge and data have become a major source of rent and power. The author explains how at the one pole, these corporations concentrate income, property and power in the United States, China, and in a handful of intellectual monopolies, particularly from digital and pharmaceutical industries, while at the other pole developing countries are left further behind. The book includes detailed empirical mappings of how intellectual monopolies develop and transform knowledge from universities and open-source collaborations into intangible assets. The result is a strategy that combines undermining the commons through privatization with harvesting from the same commons. The book ends with provoking reflections to tilt the scale against intellectual monopoly capitalism and arguing that desired changes require democratic mobilization of workers and citizens at large. This book represents one of the first attempts to capture the contours of an emerging new era where old perspectives lead us astray, and the old policy toolbox is hopelessly inadequate. This is true for the idea that the best, or only, way to promote innovation is to transform knowledge into private property. It is also true for anti-trust policies focusing exclusively on consumer prices. The formation of global infrastructures that lead to natural monopolies calls for public rather than private ownership. Scholars and professionals from the social sciences and humanities (in particular economics, sociology, political science, geography, educational science and science and technology studies) will enjoy a clear and all-embracing depiction of innovation dynamics in contemporary capitalism, with a particular focus on asymmetries between actors, regions and topics. In fact, its topical issue broadens the book’s scope to those curious about how innovation networks shape our world.

Corporate Business and Capitalist Classes

Corporate Business and Capitalist Classes

Author: John Scott

Publisher: OUP Oxford

Published: 1997-02-06

Total Pages: 386

ISBN-13: 0191588830

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Large multinational corporations shape our lives to an enormous extent. How is the growth, power, and significance of big business to be explained and understood? Focusing on the issues of ownership, control, and class formation, Corporate Business and Capitalist Classes explores the implications of changes in the nature of big business, which affect both the businesses themselves, and the economic and political milieu in which these multinationals operate. Up-to-date empirical evidence is reviewed in a wide-ranging comparative framework that covers Britain and the United States, Germany, France, Japan, and many other societies, including emerging forms of capitalism in China and Russia. Unlike other specialist texts in the area, Corporate Business and Capitalist Classes relates its concerns to issues of social stratification and class structure. The first and second editions of the book (under the title Corportations, Classes and Capitalism) were enthusiastically received, and the present edition reviews new theoretical ideas and empirical evidence that has emerged in the ten years since the second edition appeared. The text has been completely re-written and re-structured, and it relates its concerns to contemporary debates over `disorganized capitalism' and post-industrialism.


Book Synopsis Corporate Business and Capitalist Classes by : John Scott

Download or read book Corporate Business and Capitalist Classes written by John Scott and published by OUP Oxford. This book was released on 1997-02-06 with total page 386 pages. Available in PDF, EPUB and Kindle. Book excerpt: Large multinational corporations shape our lives to an enormous extent. How is the growth, power, and significance of big business to be explained and understood? Focusing on the issues of ownership, control, and class formation, Corporate Business and Capitalist Classes explores the implications of changes in the nature of big business, which affect both the businesses themselves, and the economic and political milieu in which these multinationals operate. Up-to-date empirical evidence is reviewed in a wide-ranging comparative framework that covers Britain and the United States, Germany, France, Japan, and many other societies, including emerging forms of capitalism in China and Russia. Unlike other specialist texts in the area, Corporate Business and Capitalist Classes relates its concerns to issues of social stratification and class structure. The first and second editions of the book (under the title Corportations, Classes and Capitalism) were enthusiastically received, and the present edition reviews new theoretical ideas and empirical evidence that has emerged in the ten years since the second edition appeared. The text has been completely re-written and re-structured, and it relates its concerns to contemporary debates over `disorganized capitalism' and post-industrialism.

The Rise of Fiduciary Capitalism

The Rise of Fiduciary Capitalism

Author: James P. Hawley

Publisher: University of Pennsylvania Press

Published: 2000-10-06

Total Pages: 268

ISBN-13: 9780812235630

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Traces the rise of public and private pension funds, which now control as much as 50 percent of the equity in American corporations, and argues that shareholders in those funds could use their power to make corporations more responsive to social needs.


Book Synopsis The Rise of Fiduciary Capitalism by : James P. Hawley

Download or read book The Rise of Fiduciary Capitalism written by James P. Hawley and published by University of Pennsylvania Press. This book was released on 2000-10-06 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: Traces the rise of public and private pension funds, which now control as much as 50 percent of the equity in American corporations, and argues that shareholders in those funds could use their power to make corporations more responsive to social needs.

Corporate Power and Responsible Capitalism?

Corporate Power and Responsible Capitalism?

Author: Bryn JoneS

Publisher: Edward Elgar Publishing

Published: 2015-05-29

Total Pages: 317

ISBN-13: 1784717282

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In this important book, Bryn Jones uses insights from political economy, historical analysis and sociological concepts of the corporation, as a socially disembedded but political actor, to address concerns over the over-reach of Anglo-Saxon corporation


Book Synopsis Corporate Power and Responsible Capitalism? by : Bryn JoneS

Download or read book Corporate Power and Responsible Capitalism? written by Bryn JoneS and published by Edward Elgar Publishing. This book was released on 2015-05-29 with total page 317 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this important book, Bryn Jones uses insights from political economy, historical analysis and sociological concepts of the corporation, as a socially disembedded but political actor, to address concerns over the over-reach of Anglo-Saxon corporation